Zillow Group is expected to report Q3 2026 revenue of approximately $754.37 million and non-GAAP EPS of $0.58, with its current stock price of $31.83 trading significantly below the $46.32 average analyst price target.
Investors are laser-focused on the company's "Housing Super App" progress and the continued transition to the higher-margin "Preferred" agent-partner monetization model. Management expects the Preferred connection mix to reach over 75% by the end of 2026 to drive higher revenue per customer connection. While the Mortgages and Rentals segments are currently outperforming industry benchmarks, analysts will watch if Residential revenue can sustain its 5-7% growth target amidst persistent macroeconomic housing headwinds.