RBA Stock Forecast & Price Target

RB Global demonstrates a strong financial outlook, evidenced by its impressive growth in gross transaction value (GTV), which increased by 2% year-over-year to $4.2 billion, alongside consistent service take rates that improved by approximately 20 basis points to 21.1%. The combination of Ritchie Bros. and IAA has positioned RB Global as a leading global marketplace in the commercial asset and vehicle sectors, leading to anticipated market share gains for IAA. Additionally, GTV achieved a notable growth of 8% year-over-year to $2,162 million, with lot volumes increasing by 9%, reflecting robust operational performance and demand in their respective markets.

RB Global's stock faces a negative outlook primarily due to a decline in year-over-year gross transaction value (GTV), which dropped 6% to US$1,523 million, even when accounting for significant one-time gains. Furthermore, expectations for GTV growth in the latter half of 2025 have been modestly lowered, indicating potential challenges in meeting previously established growth targets. Supply challenges across its end markets, along with faltering demand for used equipment and salvage automobiles, pose significant risks that could negatively impact financial performance.