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Zillow Shares Rebound 6% After JPMorgan Says Sell-Off Went Too Far

A bullish JPMorgan note reframed sentiment ahead of Zillow's March 24 AI summit.

Overview

  • Zillow briefly set a 52-week low at $41.91 this week and remains about 38% lower over the past year and roughly 55% below its 52-week high.
  • JPMorgan argued that fears over AI disruption, litigation, and regulatory pressure are overstated, highlighting Zillow’s data advantages and reiterating an Overweight rating with an $84 price target.
  • Directors expanded the share repurchase authorization by $1.25 billion, leaving approximately $1.3 billion of remaining buyback capacity.
  • Fourth-quarter 2025 results were mixed, with revenue of $654 million topping estimates and earnings per share of $0.39 coming in just below expectations.
  • Despite Friday’s bounce, technical indicators still flash a sell signal, analysts remain cautious with price target trims and Market Perform ratings, and average daily volume sits near 4.3 million shares.