Zillow Settles FTC Antitrust Suit, Keeps Redfin Partnership Through 2030
ZG sits 27% above its 52-week low of $29.03.
Summary
Zillow settled the FTC and state antitrust lawsuit over its Redfin partnership, keeping the syndication agreement intact through at least 2030 and adding standalone advertising options in 2027. The company reaffirmed its 2026 financial outlook.
Key Events · Legal and Risk Events · ZG
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FTC Antitrust Suit Settled
The antitrust litigation over the multifamily syndication partnership has been fully resolved. Zillow and Redfin entered a stipulated final order with the FTC and five state AGs, with no admission of liability.
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Partnership Extended Through 2030
The syndication of multifamily rental listings from Zillow to Redfin remains intact through at least June 30, 2030, as provided in the existing agreement.
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Standalone Products Added in 2027
Starting in 2027, the agreement allows Zillow and Redfin to offer standalone multifamily advertising products in addition to the existing partnership.
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Immaterial State Fees
Zillow and Redfin will pay the states an immaterial amount for reasonable fees and costs related to the litigation.
Analysis · ZG · Trade & Services
A significant legal overhang has been removed. Zillow resolved the FTC and five-state antitrust litigation over its Redfin multifamily syndication partnership with a stipulated final order that contains no admission of liability. The partnership continues and syndication remains intact through at least June 30, 2030, while the agreement is amended to allow standalone multifamily advertising products starting in 2027. The company also reaffirmed its Q3, Q4, and full-year 2026 financial outlook. This removes a trial that had been scheduled for August 24, 2026, and preserves a partnership that has driven meaningful growth in multifamily listings and leads.
How filings like this one have moved
In the 30 days to Aug 24, 2026, 29.4% of the 2796 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.03%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, ZG was trading at $37.00 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $8.1B. The 52-week trading range was $29.03 to $90.22. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.