Zillow stock price closed at $51.78 on June 10, 2024, marking a 0.42% daily gain as investors reacted to stronger-than-expected pending home sales data. Market analysts are cautious, citing high mortgage rates as a potential drag on growth. Technical indicators show support around $50.50 with resistance at $53. Here are the current mortgage rates, according to the latest Zillow data: Market chatter highlights Zillow stock price as a possible outperformer in the digital property marketplace sector, especially if mortgage rates ease by year-end. Current forward P/E ratio sits at 42, reflecting growth expectations beyond near-term macro headwinds. Zillow stock price gained 0.9% after a major brokerage upgraded the stock from “neutral” to “buy,” citing improving lead conversion ratios. The analyst projected a $58 target, implying a 12% upside if industry conditions normalize by Q