Is Matterport stock a good buy in 2025? Complete NZ guide

What is Matterport?

How much is the Matterport stock?

The price of Matterport stock is rising this week. As of its final trading session following the acquisition by CoStar Group, Matterport (MTTR) closed at $5.38 USD per share, up 4.9% over the past 24 hours and showing a weekly growth of +13.5%. Market capitalisation stood at approximately $1.76 billion, with a three-month average daily volume of 4.2 million shares traded.

The stock’s beta was 1.05, indicating moderate volatility close to the broader market. With Matterport now part of CoStar, investors seeking continued exposure should consider the new entity’s outlook and ongoing potential in the dynamic property technology sector.

Our full analysis of the Matterport stock

Having carefully reviewed Matterport’s (MTTR) latest financial results alongside the stock’s compelling three-year trajectory, our proprietary cross-analysis of financial metrics, advanced technical signals, market positioning, and competitor benchmarking presents a uniquely nuanced view of the company’s evolution. Factoring in all sources, including the successful CoStar Group acquisition, Matterport emerges as a transformative player at the intersection of digital twin technology and real estate innovation. So, why might Matterport—now as part of CoStar—deserve renewed attention as a strategic entry point into the global property technology sector in 2025 and beyond?

Recent Performance and Market Context

Matterport’s share price experienced a period of marked revitalisation leading up to its February 2025 acquisition. The stock closed at US$5.38—near the upper end of its 52-week range ($1.73–$5.46), marking a robust +13.5% year-to-date performance prior to delisting. This upward momentum was underpinned by a surge in institutional confidence, spurred by Matterport’s consistently expanding addressable market in industries from residential real estate to global facilities management.

Favourable sector tailwinds—particularly acceleration in property digitisation, AI-driven analytics, and cloud adoption—have provided powerful macroeconomic support. As real estate markets stabilised globally in the post-pandemic environment, demand for spatial data and 3D capture soared, catalysed further by regulatory and sustainability agendas driving smart building management. The acquisition by CoStar, executed at a notable premium, is a clear validation of Matterport’s strategic relevance and long-term potential.

Technical Analysis

• RSI (14-day) at 59.5 pointed to neutral–positive momentum, with room for further upside before entering overbought territory.
• MACD remained below the signal line, initially indicating moderation, but the context was key: a recent “golden cross” saw the 50-day moving average ($5.40) move above the 200-day MA ($5.20), often interpreted as a strong bullish confirmation.
• Support at $4.72 and resistance at $5.44 set a tight trading band, and the breakout through resistance, followed closely by the merger announcement, signalled significant latent demand.
• Volume spikes into key events reflected institutional accumulation, with dynamic price action foreshadowing the premium acquisition outcome.

Such a technical posture, especially in the closing months, reinforced the market’s growing confidence in Matterport’s trajectory.

Fundamental Analysis

• Revenue Growth: FY24 revenue rose to $169.7 million, up a healthy 7.6% YoY, with subscription revenue soaring 14% YoY to $99.6 million—the highest annualised growth in the company’s history.
• Operational Metrics: “Square feet under management” exceeded 50 billion (+33% YoY), a testament to accelerating platform adoption and stickier customer relationships.
• Strategic Expansion: Partnerships with AWS, Autodesk, and Procore strengthened Matterport’s enterprise penetration, while continuous R&D yielded feature-rich hardware (Pro3 LiDAR) and proprietary AI-driven digital twin insights.
• Valuation: At the time of acquisition, Matterport was valued at $1.76 billion, a significant uplift versus three-year lows. The takeover price, combining $2.75 cash and 0.03552 CoStar shares per MTTR share, afforded shareholders not only an immediate premium but ongoing upside through CoStar’s broader real estate platform.
• Brand Strength: Matterport’s brand is now virtually synonymous with 3D spatial data in global real estate, highlighted by category-defining technology and a robust SaaS monetisation model.

Despite historic net losses (-$0.80 EPS for FY24, net margin -157.2%), the strong revenue growth, premium acquisition offer, and acceleration in high-quality recurring subscription income indicate an enterprise genuinely pivoting toward scalable profitability—an attractive narrative for investors seeking exposure to technology disruptors with real monetisation pathways.

Volume and Liquidity

The months preceding the acquisition were marked by sustained above-average trading volume, reflecting mounting institutional participation and market confidence in both standalone and M&A value creation. A float of 327.6 million shares, trading at elevated volumes in the lead-up to the merger, meant dynamic price discovery and robust liquidity—a critical factor for both retail and institutional capital.

Such sustained liquidity at key technical junctures is often interpreted as smart money positioning ahead of major catalysts, validating both the technical and fundamental bull thesis.

Catalysts and Positive Outlook

• Acquisition Synergies: The merger with CoStar Group unlocks scale, data integration, and AI-enhanced analytics, positioning the combined entity at the forefront of property technology.
• New Product Momentum: The launch of Matterport Pro3 and continuous upgrades to the SaaS platform have kept the innovation cycle vibrant.
• Strategic Partnerships: Achievements such as AWS IoT Competency Partner Status and deeper Autodesk integration bring Matterport’s technology to a wider, more embedded audience.
• ESG Credentials: Digital twin adoption in commercial property directly addresses sustainability and compliance requirements—a powerful secular trend globally, and a major consideration for investors seeking long-term growth aligned with ESG objectives.
• Sector Tailwinds: The ongoing digitisation of the built environment, coupled with regulatory encouragement for building transparency, signals multi-year runway for demand.

In the context of the NZ market, where proptech adoption and sustainable buildings are on the rise, Matterport’s technology—now scaled through CoStar—matches well with evolving institutional portfolios and forward-looking thematic exposure.

Investment Strategies

• Short-Term Perspective: The acquisition premium realised in February 2025 crystallised immediate gains for legacy MTTR shareholders; the conversion into CoStar equity offers a unique arbitrage angle—particularly for those bullish on ongoing sector M&A and integration benefits.
• Medium-Term Positioning: The subsequent integration phase presents opportunities as synergies are realised and product lines streamlined. Investors focused on medium-term value would naturally monitor quarterly progress updates from CoStar, looking for early evidence of cost and data synergies driving revenue acceleration.
• Long-Term Outlook: The most compelling case rests on the secular trend: the global digitalisation of real estate assets, data-driven optimisation, and the growing indispensability of 3D spatial solutions. For investors thinking in 3-5 year cycles, accumulating CoStar shares, or targeted proptech ETF exposure now anchoring on Matterport’s technology, could offer a robust vehicle for compound growth.

From a technical perspective, the pre-acquisition breakout above $5.44 resistance, combined with the premium merger terms, demonstrates the value of positioning ahead of tangible catalysts—a lesson that remains pertinent for opportunistic entries in both proptech and broader tech consolidation plays.

Is It the Right Time to Buy Matterport?

In summary, Matterport’s recent trajectory, culminating in a high-premium acquisition by CoStar Group, validates both its market leadership in 3D spatial data and its resilient growth engine. The combination of strong fundamental progress, bullish technical posturing, strategic M&A, and ongoing sector tailwinds furnishes a compelling case for investors to seriously consider exposure via the combined entity, CoStar Group (CSGP), or aligned technology ETFs. Matterport’s suite of proprietary hardware, industry-spanning partnerships, and growing enterprise stickiness position it—and now CoStar—for outperformance as digital transformation in real estate gathers pace throughout 2025 and beyond.

While the independent MTTR ticker is no longer available, the mechanisms put in place through the acquisition continue to reward shareholders—both through immediate value realisation and future upside as the integrated platform expands. For NZ investors seeking credible global tech exposure, particularly in sectors at the intersection of digitisation, AI, and sustainability, the exposure achieved by holding CoStar or sector ETFs seems to represent an excellent opportunity with distinct medium- and long-term appeal.

In a world where innovation and data-driven transformation increasingly dictate market leadership, Matterport’s journey—now fueling CoStar’s strategic arsenal—may well signal the next chapter of value creation in global real estate technology.

How to buy Matterport stock in New Zealand?

Buying shares in Matterport is simple and secure for New Zealand investors when using a regulated online broker. Two main methods are available: buying shares directly (spot buying), or speculating on the share price using contracts-for-difference (CFDs). Each approach has different features for risk and investment style. To help you make the right choice, we’ll explain both options in detail—along with typical fees and practical examples—before inviting you to compare leading NZ-friendly brokers further down this page.

Spot Buying

A spot or “cash” purchase means you’re buying Matterport shares outright, becoming a part-owner. You pay the full market price at the time of purchase and can hold or sell your shares as you wish. NZ brokers typically charge a fixed commission per order, usually around NZ$5–NZ$15 depending on the platform.

Example

If the Matterport share price is NZ$8.80 (approx. converted from USD$5.38) and you invest NZ$1,000, you could purchase about 113 shares (after accounting for a NZ$5 fee).
✔️ Gain scenario:
If the price rises by 10%, your shares would be worth NZ$1,100.
Result: +NZ$100 gross gain, a +10% return on your investment.

Trading via CFD

CFDs (Contracts for Difference) allow you to speculate on Matterport’s share price without owning the shares directly. You can profit from price movements both up and down, and use leverage to amplify your exposure. Instead of a fixed fee, CFD brokers charge a “spread” (the difference between buy and sell price) and overnight financing fees if you hold positions longer than a day.

Example

You open a CFD position on Matterport shares with NZ$1,000 using 5x leverage, gaining NZ$5,000 in market exposure.
✔️ Gain scenario:
If the share price rises by 8%, your position returns 8% × 5 = 40%.
Result: +NZ$400 gain on your NZ$1,000 stake (excluding spreads and financing costs).

Final Advice

Before buying Matterport shares or opening a CFD position, it’s essential to compare the fees, conditions, and risk features of leading brokers—costs can make a big difference to your return. Your best method depends on your objectives: choose cash buying for long-term investing, or CFDs for short-term, leveraged strategies. A broker comparison is available lower on the page to help you find the right platform for your needs.

Our 7 tips for buying Matterport stock

The latest news about Matterport

Matterport’s acquisition by CoStar Group was completed on 28 February 2025, delisting MTTR shares. The final trading price for Matterport stock was $5.38, with shareholders receiving $2.75 in cash plus 0.03552 shares of CoStar Group for every MTTR share held. This deal represented a significant premium to Matterport’s prior trading levels, representing a strong exit opportunity for investors. For those in New Zealand invested in Matterport directly or through global technology ETFs, this means the opportunity for exposure now continues through the larger, more diversified CoStar Group, a leading player in the real estate technology domain.

The strategic rationale for the merger emphasises enhanced AI and 3D technology integration backed by CoStar’s vast real estate data. Matterport’s proprietary digital twin and spatial analytics platform, now synergised with CoStar’s global listings and analytics infrastructure, aims to accelerate innovation in property insight solutions. Given New Zealand’s robust real estate and property-tech adoption—evidenced by widespread use of digital twins in property marketing and facility management—this combined platform is expected to deliver sophisticated tools valuable for regional property professionals and technology integrators.

Matterport’s Q4 2024 results showed robust subscription revenue growth (+14% YoY), supporting the acquisition’s premium valuation. The company reported $43.82 million in Q4 revenue and managed over 50 billion square feet globally, up 33% year on year. While profitability remained a challenge (with a net loss of $256.62 million last year), the persistent revenue increases and strong growth in enterprise adoption underpinned the attractiveness of Matterport’s technology as a foundation for CoStar’s future expansion.

The acquisition terms provided both immediate cash and ongoing equity participation for Matterport’s global shareholder base. New Zealand investors, whether direct holders or via international funds, received a mixture of cash and CoStar shares. This structure ensures ongoing participation in the post-merger entity’s growth, especially as CoStar leverages Matterport’s digital twin solutions to serve real estate, AEC, and property management markets—sectors that are digitally progressive in New Zealand.

With MTTR shares no longer independently traded, future exposure to Matterport’s innovations is available through CoStar Group (CSGP) stock. The merged company is expected to roll out integrated digital twin and AI decision-support products to key property markets, including those in Australasia, where technological adoption is high. Market analysts suggest that for New Zealand investors and property-tech specialists, tracking CoStar’s regional partnerships and expansion will be critical to gauging long-term returns from this landmark technology merger.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.