Fubotv earnings beat by $0.10, revenue topped estimates
Newmark Group (NASDAQ:NMRK) Inc’s stock reached a 52-week high, touching 16.11 USD, marking a significant milestone for the company. According to InvestingPro data, the stock appears fairly valued at current levels, with analysts setting price targets ranging from $14 to $19.50. Over the past year, the stock has experienced a notable increase, with a 1-year total return of 37.07%. This upward trajectory underscores investor confidence and the company’s strong performance in the market, supported by management’s aggressive share buybacks and positive earnings forecasts. The recent high reflects positive sentiment and potential growth prospects for Newmark Group, as it continues to navigate the evolving economic landscape. Three analysts have recently revised their earnings expectations upward, though technical indicators suggest the stock is in overbought territory. For more detailed analysis and 13 additional exclusive insights, check out the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Newmark Group reported impressive second-quarter 2025 earnings, exceeding analyst expectations significantly. The company achieved an adjusted earnings per share of $0.31, surpassing the forecasted $0.252, marking a 23.02% earnings surprise. Additionally, Newmark’s revenue reached $759.1 million, which was 10.79% above the projected $685.15 million. This strong performance was attributed to broad-based revenue growth of approximately 20% year-over-year across all business lines. JMP Securities responded to these results by maintaining its Market Outperform rating on Newmark Group and raising its stock price target from $17 to $19. The firm highlighted the company’s scalable platform and recent broker additions as key factors driving bottom-line outperformance. These developments underscore Newmark’s solid growth trajectory and strategic execution in the real estate services sector.
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