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Analyst Cautious of Zillow (Z) Ahead of Google NotebookLM Partnership

Zillow Group Inc. (NASDAQ:Z) is among the 12 best stocks to buy and hold for the next 2 years.

On February 19, Zillow Group Inc. (NASDAQ:Z) announced a partnership with Google NotebookLM to provide home-buying guidance through a featured notebook on the AI research platform. The collaboration makes Zillow Group Inc. (NASDAQ:Z)’s home-buying content available through NotebookLM, Google’s AI research tool that helps users understand complex information. Users can ask questions about home buying and receive responses sourced from Zillow’s guidance materials, with direct citations to original articles on Zillow’s website.

The notebook addresses common home-buying topics, including preapproval versus prequalification, post-offer procedures, and costs beyond down payments. NotebookLM also offers audio overviews that convert Zillow’s written guides into conversational audio formats featuring AI hosts discussing home-buying topics.

Meanwhile, on February 12, Susquehanna lowered its price target on Zillow Group Inc. (NASDAQ:Z) to $50 from $80 while maintaining a Neutral rating on the shares. The firm said the company continues to execute well in a tough housing environment, and they believe the company’s initiatives should continue to help drive incremental growth and margins higher over time. Near-term legal expenses are weighing on EBITDA, but management is comfortable with annual EBITDA expectations, Susquehanna added.

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Zillow Group Inc. (NASDAQ:Z) provides real estate and home-related information marketplaces on mobile and the web.

While we acknowledge the potential of Z to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than Z and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 13 Hot Stocks to Buy with the Highest Upside Potential and 10 Best High-Upside Materials Stocks to Buy.

Disclosure: None. Follow Insider Monkey on Google News.

Undervalued AI Stock Poised for Massive Gains: 10,000% Upside

Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

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Buy This $3 Stock Now Before the 400% Surge Begins

Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

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