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CoStar Surges But Stock Slumps | Real Estate News
CoStar’s Q2 revenue jumped 18% to $925M—its 61st straight quarter of double-digit growth—but investors weren’t buying it, sending stock down 12% to 52-week lows. Net income soared to $55M, and they’re projecting record 2026 EBITDA, yet AI-driven cost cuts and a $800M Zonda acquisition (closing by year-end) aren’t enough to calm nerves. New sales teams, a revamped Homes.com marketing tier, and a new CFO are on deck to steer the ship. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an automated, high-level news…
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