Evercore ISI Reiterates Buy Rating for CBRE Group
Evercore ISI Group maintains its buy rating for CBRE Group with a $169 price target, a 25.47% upside from the current price.
Key Points
- Evercore ISI Group reiterated its buy rating on CBRE Group, setting a $169 price target on June 30, 2026.
- Evercore ISI Group's $169 price target implies 25.47% upside from CBRE Group, Inc.'s ($CBRE) current $134.69 share price.
- CBRE Group, trading at $136.09 on Tuesday, has a market cap of around $40.2 billion and a P/E ratio of 31.37.
- Institutional investors like BlackRock and State Street Corp adjusted their positions in CBRE, reflecting continued interest.
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Evercore ISI Group has reiterated its buy rating for CBRE Group, Inc. (NYSE:CBRE), maintaining a price target of $169. This reaffirmation came on June 30, 2026, as analyst Steve Sakwa expressed confidence in the company's performance.
Evercore ISI Group vs. the S&P 500
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Other Institutional Activity in CBRE Group
Institutional investors have shown varied interest in CBRE Group. BlackRock, Inc. increased its stake by 77,039 shares, bringing its total to 27,756,474 shares valued at about $3.76 billion, marking a 0.3% increase. Meanwhile, Vanguard Portfolio Management LLC opened a new position with 25,807,550 shares worth approximately $3.50 billion. Similarly, Vanguard Capital Management LLC also initiated a new stake with 19,051,019 shares valued at around $2.58 billion. On the other hand, State Street Corp raised its holdings by 168,065 shares, ending with 14,016,479 shares valued at about $1.90 billion, reflecting a 1.2% increase. Principal Financial Group Inc added 302,426 shares, increasing its stake by 3.2% to 9,870,413 shares worth $1.34 billion.
CBRE Group, Inc. Stock Down 10.7%
Shares of CBRE Group traded near $136.09 on Tuesday. The company has a market capitalization of approximately $40.2 billion and a P/E ratio of 31.37. Its forward P/E stands at 15.50, with a beta of 1.221, indicating moderate volatility. Over the past year, the stock has ranged from a low of $121.69 to a high of $174.27. The 50-day moving average is $137.18, while the 200-day moving average is $150.16. CBRE's financial health is supported by a current ratio of 1.083 and a quick ratio of 0.913.
$CBRE price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
CBRE Group reported revenue of $42.2 billion, reflecting a growth rate of 18.6%. The company posted an EPS of $4.38, with a net margin of 3.11% and a return on equity of 15.6%. Investors are looking ahead to the next earnings release, scheduled for July 30, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
2 target raises vs 1 cuts.
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EPS & revenue
EPS beat estimates by 39.8%. Revenue beat estimates by 1.6%.
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Profit surprise
EBITDA beat by 6 percent. Operating income beat by 4 percent.
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Pre-earnings setup
Bar was high, analysts already very bullish.
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Analyst signal
2 target raises, 1 target cut.
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Earnings quality
Gross margin down 0.9 points. Operating margin up 1.8 points. Positive free cash flow.
Earnings Call Summary
The first quarter beat expectations across the board. Data center leasing revenue more than tripled and infrastructure-related businesses generated $950 million in revenue, up from $3 billion last year. Management says corporate clients are still leasing office and warehouse space at full term lengths, and they see good opportunities ahead even as they watch macro uncertainty and track AI's impact on hiring needs.
Guidance CBRE raised its full-year profit forecast to $7.60 to $7.80 per share, up from $7.30 to $7.60 earlier. The company expects strong growth in data center and infrastructure work, and pipeline momentum remains solid in the second quarter.
Slightly positive report. The quarter was acceptable, but the forward setup is not strong.
Insider Buying and Selling at CBRE Group, Inc.
Recent insider activity at CBRE Group includes several transactions. On May 27, 2026, Beth Cobert bought 2,068 shares and sold the same amount on the same day. Similarly, on May 26, Shira Goodman bought and sold 2,068 shares, while Sanjiv Yajnik purchased 2,068 shares. Reginald Harold Gilyard also sold 2,068 shares on the same day. These transactions were not part of any preplanned trading programs.
Analysts Set New Price Targets
On June 30, 2026, Evercore ISI Group maintained its buy rating for CBRE Group with a $169 price target. Barclays also reaffirmed its buy rating with a target of $178 on May 5, 2026. The consensus among analysts is a buy rating, with an average price target of $177.17 based on 12 opinions.
About CBRE Group, Inc.
CBRE Group, Inc. is a global leader in real estate services and investment, headquartered in Dallas, Texas. The company operates through several segments, including Advisory Services, Global Workplace Solutions, and Real Estate Investments. It provides a wide range of services such as property sales, leasing, valuation, and investment management. With a workforce of 155,000, CBRE serves clients in the United States, the United Kingdom, and internationally, under the leadership of CEO Robert E. Sulentic.
Bottom Line
Evercore ISI Group's reaffirmation of a buy rating for CBRE Group underscores the company's strong market position and growth potential. The stock's performance, coupled with strategic institutional investments, highlights ongoing investor interest. As a reminder, analyst ratings are forward-looking and reflect expectations based on current market conditions.
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