Newmark Group, Inc. (NMRK)

Newmark Group Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for Newmark Group stock have an average target of 17.5, with a low estimate of 16.5 and a high estimate of 19. The average target predicts an increase of 34.41% from the current stock price of 13.02.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$16.5	$17.5	$17	$19
Change	+26.73%	+34.41%	+30.57%	+45.93%

Analyst Ratings

The average analyst rating for Newmark Group stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	0	0	0	0	0	1
Buy	1	2	3	3	2	2
Hold	2	2	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	4	4	4	3	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Julien Blouin Goldman Sachs	Goldman Sachs	Strong Buy Initiates $19	Strong Buy	Initiates	$19	+45.93%	Dec 6, 2024
Andrew Rosivach Wolfe Research	Wolfe Research	Buy → Hold Downgrades n/a	Buy → Hold	Downgrades	n/a	n/a	Nov 25, 2024
Jade Rahmani Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold → Buy Upgrades $14 → $17	Hold → Buy	Upgrades	$14 → $17	+26.73%	Sep 5, 2024
Alexander Goldfarb Piper Sandler	Piper Sandler	Buy Maintains $13 → $17	Buy	Maintains	$13 → $17	+30.57%	Sep 3, 2024
Andrew Rosivach Wolfe Research	Wolfe Research	Hold → Buy Upgrades $15	Hold → Buy	Upgrades	$15	+15.21%	Aug 16, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

2.70B

Increased by 9.46%

from 2.47B

Revenue Next Year

3.04B

Increased by 12.50%

from 2.70B

EPS This Year

1.17

Increased by 388.75%

from 0.24

EPS Next Year

1.43

Increased by 21.74%

from 1.17

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	2.22B	1.90B	2.91B	2.71B	2.47B	2.70B	3.04B	3.29B
Revenue Growth	8.33%	-14.12%	52.57%	-6.91%	-8.69%	9.46%	12.50%	8.15%
EPS	0.58	0.39	3.80	0.45	0.24	1.17	1.43	1.62
EPS Growth	-9.29%	-33.29%	874.36%	-88.15%	-46.70%	388.75%	21.74%	13.57%
Forward PE	-	-	-	-	-	11.10	9.12	8.03
No. Analysts	-	-	-	-	-	6	6	6

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	2.8B	3.3B	3.6B
Avg	2.7B	3.0B	3.3B
Low	2.6B	2.8B	3.0B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	13.2%	20.9%	18.2%
Avg	9.5%	12.5%	8.2%
Low	4.5%	4.6%	-1.1%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	1.23	1.52	1.75
Avg	1.17	1.43	1.62
Low	1.12	1.27	1.42

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	411.9%	29.8%	22.8%
Avg	388.7%	21.7%	13.6%
Low	365.5%	8.6%	-0.5%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.