Zillow Group Class C ( (Z) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
Zillow Group Inc Class C shares recently experienced a decline following the company’s Q4 2024 earnings report. Despite a notable 17% increase in revenue driven by growth in Rentals and Mortgages, the market reacted negatively due to a net loss of $52 million and concerns about future growth strategies. Analysts are divided, with some recommending a Buy rating due to strong operational performance and future revenue prospects, while others suggest a Hold rating because of limited upside potential and uncertainties surrounding Zillow’s 2025 plans. However, a new partnership with Redfin to provide exclusive multifamily rental listings is seen as a positive move for Zillow’s market positioning.
More about Zillow Group Class C
YTD Price Performance: 20.28%
Average Trading Volume: 2,499,097
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $20.24B
For further insights into Z stock on TipRanks’ Stock Analysis page.
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