CBRE Group Well Positioned to Benefit From AI Amid 'Strong' Industry Position, UBS Says

MT Newswires Live
Feb 24

CBRE Group (CBRE) is well positioned to benefit from artificial intelligence over time, given its "strong industry position" and extensive real estate data assets, UBS Securities said in a report emailed Monday.

CBRE has been pressured by AI-related concerns, but strong commercial real estate trends and company guidance projecting 14% to 19% growth in fiscal-year 2026 indicate the company is better positioned than the market assumes, leaving potential upside in the stock, the report said.

The firm also pointed to management commentary highlighting a "massive opportunity" to serve owners and operators of data centers and digital infrastructure, as well as the potential to leverage AI to enhance its data-driven capabilities, according to the report.

Analysts at UBS raised fiscal 2026 earnings per share estimates by 5% to $7.55, near the high end of company guidance, driven by "better-than-expected" brokerage trends and the impact of the "Pearce acquisition." Fiscal 2027 EPS was increased 7% to $8.75. Revenue is now projected to grow 9% in fiscal 2027, with EPS rising 16%, the report said.

UBS has upgraded the commercial real estate services and investment firm to buy from neutral and raised its price target to $185 from $175.

Price: 143.87, Change: -3.14, Percent Change: -2.14

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10