12:50 PM EDT, 10/23/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
We increase our target by $20 to $180, applying a forward P/E of 25.1x our 2026 EPS estimate, a premium to CBRE's ( CBRE ) three-year average multiple (20.8x), as we see improvements in CRE's transaction activity with margins expected to increase in FY 2026. We increase our 2025 EPS estimate by $0.22 to $6.29 and increase 2026's by $0.11 to $7.33, based on project management-related growth and increased profitability. Management continues to see robust data center growth, contributing nearly $700M in revenue across multiple segments and accounting for 10% of EBITDA. One negative from the data strength has been the pullback in project management spending from some tech companies, with capital being prioritized for AI investments. CBRE's ( CBRE ) geographic diversification was a strength in Q3 with revenue from India and Japan up 30% Y/Y, while Europe (ex Germany) underperformed expectations. CBRE ( CBRE ) is likely to benefit from increased leasing across all industries in FY 2026, with industrial and office continuing to see occupancy gains.