Zillow Stock Soars on Rental Boom and AI Buzz: Latest Earnings, Analyst Takes, and 2025 Outlook
Zillow Class C shares closed at $74.98 on Oct. 31, up 4.55% after Q3 earnings topped estimates with $676 million in revenue, up 16% year-over-year. The company posted $10 million in GAAP net income and 250 million average monthly users. The FTC filed an antitrust suit in October over Zillow’s rentals business, which the company denies. Benchmark and Goldman Sachs raised price targets following the results.