Professional
Added to YB: 2024-08-22
Pitch date: 2024-06-30
CSGP [bullish]
CoStar Group, Inc.
-7.71%
current return
Author Info
No bio for this author
Company Info
CoStar Group, Inc. provides information, analytics, and online marketplace services in the United States, Canada, Europe, the Asia Pacific, and Latin America.
Market Cap
$28.3B
Pitch Price
$73.93
Price Target
N/A
Dividend
N/A
EV/EBITDA
139.06
P/E
1.4K
EV/Sales
9.00
Sector
Real Estate Management and Development
Category
growth
Baron Growth Fund Portfolio Holding: CoStar Group, Inc.
CSGP: Stock down on software multiple compression & sentiment shift on new residential lead gen product. $39M net new sales in <2 months, but adoption slowed. $15B+ TAM for residential products (4x flagship Suite). Int'l expansion could 4x TAM further. $40T US residential market largely untapped.
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