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Zillow (Z) Stock Rebounds 6% as JPMorgan Calls Recent Decline Excessive

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Z Stock Card

Key Takeaways

  • Zillow (Z) touched a 52-week low at $41.91, representing a 38% decline year-over-year
  • Shares are trading 55% beneath the 52-week peak of $93.88
  • JPMorgan argues that concerns over AI threats and legal issues are exaggerated
  • Company’s board greenlit a $1.25 billion expansion to its stock repurchase program
  • Shares climbed approximately 6% Friday following JPMorgan’s analysis before the March 24 AI event

Zillow’s shares experienced a turbulent week before staging an unexpected Friday recovery.

Following a dip to a 52-week bottom of $41.91 early in the week, Zillow (Z) rallied approximately 6% Friday after receiving supportive commentary from JPMorgan. The investment firm challenged the pessimistic outlook that has weighed on shares.


Z Stock Card
Zillow Group, Inc. Class C, Z

The real estate platform has shed roughly 38% of its value over the trailing twelve months. In just the last half-year, shares have plunged almost 49%. At its nadir, the stock was changing hands 55% under its 52-week peak of $93.88.

Despite the substantial markdown, the company maintains a market capitalization approaching $10 billion.

JPMorgan contended that prevailing worries surrounding artificial intelligence threats, pending litigation, regulatory headwinds, and modifications to listing protocols are being magnified beyond reason by market participants. The firm believes investors are failing to properly value Zillow’s fundamental business operations and long-range strategic positioning.

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The financial institution also highlighted Zillow’s forthcoming AI summit scheduled for March 24 as a possible inflection point. JPMorgan suggested the gathering could showcase how Zillow’s proprietary data assets, integrated operations, and end-to-end platform provide the firm with sustainable competitive advantages.

Technical indicators continue flashing a “sell” signal for the equity, which remains down approximately 40% year-to-date. Daily trading volume averages roughly 4.3 million shares.

Fourth Quarter Results: Modest Performance

Zillow delivered Q4 2025 financial results that presented a split outcome. The company posted revenue of $654 million, exceeding analyst projections of $650.23 million. However, earnings per share registered at $0.39, falling marginally short of the $0.40 consensus estimate.

On the analyst coverage side, Keefe, Bruyette & Woods lowered its price objective from $65 to $60 while maintaining its Market Perform designation. The research group observed that Zillow’s 2026 outlook aligned largely with Street expectations, though profitability headwinds stemming from litigation expenses were identified as a risk factor.

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William Blair similarly maintained its Market Perform stance following the buyback disclosure.

Share Repurchase Initiative Bolstered

Zillow’s board of directors authorized a substantial enhancement to its stock repurchase framework. Management added $1.25 billion to the existing authorization, elevating total remaining buyback capacity to approximately $1.3 billion.

InvestingPro analytics identified Zillow as possibly trading below intrinsic value at present price levels. The service additionally observed that the equity has exhibited significant price volatility, aligning with recent trading patterns.

JPMorgan’s assessment and the March 24 AI summit represent the primary near-term catalysts capturing investor attention.

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Crypto World

Circle Stock Surges as Stablecoins Expand; Canaan Boosts Bitcoin Holdings

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Circle Stock Surges as Stablecoins Expand; Canaan Boosts Bitcoin Holdings

A selloff in both Wall Street and crypto markets hasn’t slowed Circle’s relentless rise. The stablecoin issuer’s stock has more than doubled since early February, with Bernstein analysts expecting further gains as stablecoins continue expanding beyond crypto’s more speculative use cases.

The technology is already moving deeper into traditional finance. UK insurance giant Aon recently piloted stablecoin payments for insurance premiums with Coinbase and Paxos, a move that could make cross-border premium payments faster and more efficient.

Elsewhere, Bitcoin (BTC) miner Canaan is taking a contrarian approach to treasury management, increasing its BTC holdings even as many competitors sell. And in traditional finance, Wells Fargo has filed a trademark for crypto-related services, suggesting large banks are still quietly preparing for deeper involvement in digital assets.

Circle stock surges on stablecoin tailwinds

Shares of stablecoin issuer Circle are rallying sharply in 2026 as Wall Street warms to the long-term growth story behind digital dollars. Analysts at Bernstein recently reiterated an “Outperform” rating on the stock, setting a $190 price target — roughly 60% above current levels.

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Circle’s stock price has already more than doubled since early February and is up roughly 49% year-to-date, outperforming both the S&P 500 index and Nasdaq 100 index during the same period.

Bernstein’s bullish outlook hinges on accelerating stablecoin adoption across payments, financial infrastructure and onchain settlement. As the issuer of USDC (USDC), the world’s second-largest US dollar-pegged stablecoin, Circle is increasingly viewed as a key beneficiary of the industry’s push into mainstream finance.

USDC’s circulation reaches nearly $79 billion. Source: DeFiLlama

Canaan boosts Bitcoin reserves while other miners sell

Bitcoin miner Canaan is expanding its BTC treasury amid a market downturn, while many rival public mining companies are reducing their holdings.

The company mined 86 BTC in February, increasing its total Bitcoin holdings to 1,793 BTC. Canaan also reported holding 3,952 Ether (ETH), bringing its total crypto reserves to record levels.

The accumulation trend stands in contrast to much of the mining sector. Several publicly traded miners have sold significant portions of their Bitcoin reserves over the past several months as tighter margins and post-halving economics put pressure on balance sheets.

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Canaan, meanwhile, continues to expand its mining footprint, including operations in Texas — one of the largest mining hubs in the United States.

Canaan’s Bitcoin holdings keep rising. Source: BitcoinTreasuries.NET

Aon pilots stablecoin payments for insurance premiums

Global insurance broker Aon is exploring the use of stablecoins to settle insurance premiums, working with crypto companies Paxos and Coinbase on the initiative.

The goal is to streamline cross-border payments, which often involve multiple banks, currency conversions and settlement delays. Stablecoins could allow insurers and clients to move funds more quickly while reducing costs and processing time.

For the insurance industry, faster settlement could simplify premium collection, improve cash flow management and reduce the administrative work tied to international payments. It may also make it easier to handle large cross-border policies and reinsurance transactions.

The pilot reflects a broader trend of stablecoins use expanding beyond crypto trading into real-world financial use cases, particularly in areas where global payments remain slow and expensive.

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Wells Fargo files trademark for crypto services 

US banking giant Wells Fargo has filed a US trademark application for “WFUSD,” signaling potential plans to expand deeper into crypto services.

The filing covers a range of blockchain-related offerings, including crypto trading, payments, digital wallet services and software for staking and custody. It also references financial services built on distributed ledger technology.

The trademark is significant because Wells Fargo is the fourth-largest US bank, with about $1.95 trillion in assets as of Q3 2025, according to S&P Global Market Intelligence.

Trademark filings don’t necessarily guarantee a product launch, but they often indicate areas companies are exploring. In this case, the scope suggests Wells Fargo may be evaluating crypto-based payments or a tokenized dollar product under the WFUSD name.

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Wells Fargo trademark application. Source: USPTO

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