Newmark Group (NMRK) Stock Forecast & Price Target

Newmark Group Inc. has demonstrated a robust financial outlook, with management increasing earnings estimates, including a 5% increase in revenues, EBITDA, and EPS at the midpoint. The company's EPS estimates for 2025 and 2026 have been revised upward, indicating anticipated growth from $1.46 to $1.56 and from $1.78 to $1.83, respectively. Additionally, Newmark's debt platform has shown impressive performance, achieving over 130% revenue growth year-over-year, driven in part by a significant $7 billion data center construction loan and continued expansion in digital infrastructure.

The analysis indicates a negative outlook on Newmark Group's stock due to the anticipated slowdown in commercial real estate sales activity and the potential decline in institutional ownership, which could impact recurring revenue streams such as property management. The threat of a recession looms large, compounded by ongoing political conflicts, trade tensions, and persistently high interest rates, all of which are expected to hinder real estate fundamentals. As a result, these factors could lead to decelerating growth across Newmark's core revenue streams and raise concerns about the company's overall financial health.