CBRE Group, Inc.

(New York Stock Exchange)
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Somewhat Bullish +35

Jefferies cuts target for CBRE Group stock to USD 164.00

Analyst downgrade AI-generated analysis

πŸ“‰ Jefferies cut its CBRE Group price target from USD 180.00 to USD 164.00 on October 12, 2026.

πŸ“ˆ CBRE reported second-quarter revenue of USD 11.23 billion, representing a 15.50% year-over-year increase.

πŸ’° Core earnings per share surged 30.00% to USD 1.56 in the second quarter of 2026.

πŸ“… CBRE is scheduled to release third-quarter results on October 22, 2026, after market close.

πŸ’΅ The stock traded at USD 134.93 on October 20, 2026, with a market capitalization of USD 39.1 billion.

🎯 Jefferies' new target of USD 164.00 sits 21.54% above the current trading price as of late October.

πŸ“Š CBRE raised its full-year 2026 core earnings outlook to a range of USD 7.80-7.90 per share.

Bullish Signals
  • CBRE Group reported robust second-quarter revenue growth of 15.50% year over year, reaching USD 11.23 billion.
  • Core earnings per share expanded significantly by 30.00% to USD 1.56 in the second quarter.
  • The company raised its full-year 2026 core earnings outlook to USD 7.80-7.90 per share following strong Q2 results.
Risk Factors
  • Jefferies analyst firm reduced its price target for CBRE Group stock from USD 180.00 to USD 164.00 on October 12, 2026.
Full Analysis
Jefferies has downgraded its price target for CBRE Group Inc. from USD 180.00 to USD 164.00, effective October 12, 2026. The brokerage firm cited the revision as a concrete reference point for the stock ahead of the company's upcoming third-quarter earnings release scheduled for October 22, 2026. CBRE Group reported strong second-quarter financial performance with revenue rising 15.50% year over year to USD 11.23 billion. Core earnings per share increased significantly by 30.00% to reach USD 1.56, while GAAP earnings per share were recorded at USD 0.69 for the period. As of October 20, 2026, CBRE Group stock traded at USD 134.93 on the NYSE, positioning Jefferies' new target approximately 21.54% above the current market price. The company maintains a full-year 2026 core earnings outlook of USD 7.80-7.90 per share, having raised this guidance following the second-quarter results.