Zillow Group, Inc. (Z  ) shares climbed in after-hours trading on Thursday after the company announced a partnership with Alphabet Inc.'s (GOOG  ) (GOOGL  ) Google to enhance home-buying guidance through AI.

Partners with Google to Enhance AI Home-Buying

Zillow's collaboration with Google NotebookLM aims to provide personalized home-buying guidance, allowing users to access trusted information quickly and accurately.

This initiative is designed to help buyers navigate complex decisions, with features like audio overviews and direct citations from Zillow's resources.

The partnership reflects Zillow's strategy to integrate its expertise into emerging AI platforms, meeting users where they are in their home-buying journey.

As more consumers turn to AI for research, Zillow's enhanced offerings could position it favorably in the competitive real estate market.

This partnership with Google highlights Zillow's commitment to leveraging technology to enhance the home-buying experience, making it easier for consumers to access reliable information.

As the most visited real estate app and website in the U.S., Zillow's innovations position it as a leader in the evolving real estate landscape.

Zillow's Stock Faces Technical Weakness

The stock is currently trading 18.8% below its 20-day simple moving average (SMA) and 33.3% below its 100-day SMA, indicating significant weakness in the short to medium term. Shares have decreased 41.86% over the past 12 months and are positioned closer to their 52-week lows than highs.

The RSI is at 23.67, which is considered oversold territory, suggesting potential for a rebound if buying interest increases. Meanwhile, MACD is at -6.1887, below its signal line at -5.0441, indicating bearish momentum.

The combination of oversold RSI and bearish MACD suggests mixed momentum, indicating that while the stock is oversold, the overall trend remains negative.

  • Key Resistance: $56.50
  • Key Support: $42.50
Zillow's Financial Update and Analyst Outlook

Zillow Group is slated to provide its next financial update on May 6, 2026.

  • EPS Estimate: 31 cents (Down from 41 cents)
  • Revenue Estimate: $704.61 million (Up from $598.00 million)
  • Valuation: P/E of 499.9x (Indicates premium valuation)
Analyst Consensus & Recent Actions: The stock carries a Buy Rating with an average price target of $90.89. Recent analyst moves include:

  • Keefe, Bruyette & Woods: Market Perform (Lowers Target to $60.00) (Feb. 11)
  • Needham: Hold (Feb. 11)
  • Keefe, Bruyette & Woods: Market Perform (Lowers Target to $65.00) (Feb. 9)
Zillow's Significant ETF Exposure

Significance: Because Z carries significant weight in these funds, any significant inflows or outflows for these ETFs will likely force automatic buying or selling of the stock.

Z Price Action: Zillow Group shares were up 0.80% at $45.91 in after-hours trading on Thursday, according to Benzinga Pro data.