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Newmark Group
NMRKNASDAQ
Newmark Group (NASDAQ:NMRK) Stock, Analyst Ratings, Price Targets, Forecasts
Newmark Group Inc has a consensus price target of $12.35 based on the ratings of 6 analysts. The high is $17 issued by Wolfe Research on March 10, 2022. The low is $5.5 issued by Goldman Sachs on May 9, 2023. The 3 most-recent analyst ratings were released by Piper Sandler, Keefe, Bruyette & Woods, and Piper Sandler on March 26, 2024, February 26, 2024, and December 20, 2023, respectively. With an average price target of $12.42 between Piper Sandler, Keefe, Bruyette & Woods, and Piper Sandler, there's an implied 4.17% upside for Newmark Group Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Piper Sandler
Keefe, Bruyette & Woods
Goldman Sachs
Piper Sandler
Wolfe Research
1calculated from analyst ratings
Analyst Ratings for Newmark Group
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 03/26/2024 | Buy Now | 9.06% | Piper Sandler | Alexander Goldfarb | $13 → $13 | Maintains | Overweight | Get Alert |
| 02/26/2024 | Buy Now | -5.62% | Keefe, Bruyette & Woods | Jade Rahmani | $11 → $11.25 | Maintains | Market Perform | Get Alert |
| 12/20/2023 | Buy Now | 9.06% | Piper Sandler | Alexander Goldfarb | $7 → $13 | Upgrade | Neutral → Overweight | Get Alert |
| 10/04/2023 | Buy Now | — | Raymond James | Patrick O'Shaughnessy | — | Downgrade | Outperform → Market Perform | Get Alert |
| 05/09/2023 | Buy Now | -53.86% | Goldman Sachs | Chandni Luthra | $6.25 → $5.5 | Maintains | Sell | Get Alert |
| 05/08/2023 | Buy Now | -45.47% | Piper Sandler | Alexander Goldfarb | $9 → $6.5 | Maintains | Neutral | Get Alert |
| 05/08/2023 | Buy Now | -41.28% | Keefe, Bruyette & Woods | Jade Rahmani | $8 → $7 | Maintains | Market Perform | Get Alert |
| 05/08/2023 | Buy Now | -32.89% | Raymond James | Patrick O'Shaughnessy | $10 → $8 | Maintains | Outperform | Get Alert |
| 04/24/2023 | Buy Now | -32.89% | Keefe, Bruyette & Woods | Jade Rahmani | $9 → $8 | Maintains | Market Perform | Get Alert |
| 04/11/2023 | Buy Now | -47.57% | Goldman Sachs | Chandni Luthra | $9 → $6.25 | Maintains | Sell | Get Alert |
| 04/10/2023 | Buy Now | -47.57% | Goldman Sachs | Chandni Luthra | $9 → $6.25 | Maintains | Sell | Get Alert |
| 02/17/2023 | Buy Now | -24.5% | Goldman Sachs | Chandni Luthra | $8 → $9 | Maintains | Sell | Get Alert |
| 01/20/2023 | Buy Now | -16.11% | Raymond James | Patrick O'Shaughnessy | $13 → $10 | Maintains | Outperform | Get Alert |
| 12/12/2022 | Buy Now | -32.89% | Goldman Sachs | Chandni Luthra | $9 → $8 | Downgrade | Neutral → Sell | Get Alert |
| 11/08/2022 | Buy Now | -24.5% | Goldman Sachs | Chandni Luthra | $10.25 → $9 | Maintains | Neutral | Get Alert |
| 10/31/2022 | Buy Now | 9.06% | Raymond James | Patrick O'Shaughnessy | $15 → $13 | Maintains | Outperform | Get Alert |
| 10/20/2022 | Buy Now | 25.84% | Raymond James | Patrick O'Shaughnessy | $16 → $15 | Maintains | Outperform | Get Alert |
| 10/19/2022 | Buy Now | -14.01% | Goldman Sachs | Chandni Luthra | $13.25 → $10.25 | Maintains | Neutral | Get Alert |
| 10/07/2022 | Buy Now | -16.11% | Piper Sandler | Alexander Goldfarb | $12 → $10 | Maintains | Neutral | Get Alert |
| 07/22/2022 | Buy Now | 34.23% | Raymond James | Patrick O'Shaughnessy | $18 → $16 | Maintains | Outperform | Get Alert |
| 04/26/2022 | Buy Now | 51.01% | Raymond James | Patrick O'Shaughnessy | $21 → $18 | Maintains | Outperform | Get Alert |
| 04/18/2022 | Buy Now | 25.84% | Piper Sandler | Alex Goldfarb | $20 → $15 | Downgrade | Overweight → Neutral | Get Alert |
| 04/05/2022 | Buy Now | 51.01% | Goldman Sachs | Chandni Luthra | → $18 | Initiates | → Neutral | Get Alert |
| 03/10/2022 | Buy Now | 42.62% | Wolfe Research | Andrew Rosivach | $22 → $17 | Downgrade | Outperform → Peer Perform | Get Alert |
| 11/08/2021 | Buy Now | 76.17% | Raymond James | Patrick O'Shaughnessy | — | Maintains | Outperform | Get Alert |
| 08/09/2021 | Buy Now | 67.79% | Raymond James | Patrick O'Shaughnessy | — | Maintains | Outperform | Get Alert |
FAQ
What is the target price for Newmark Group (NMRK) stock?
The latest price target for Newmark Group (NASDAQ:NMRK) was reported by Piper Sandler on March 26, 2024. The analyst firm set a price target for $13.00 expecting NMRK to rise to within 12 months (a possible 9.06% upside). 4 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Newmark Group (NMRK)?
The latest analyst rating for Newmark Group (NASDAQ:NMRK) was provided by Piper Sandler, and Newmark Group maintained their overweight rating.
When was the last upgrade for Newmark Group (NMRK)?
The last upgrade for Newmark Group Inc happened on December 20, 2023 when Piper Sandler raised their price target to $13. Piper Sandler previously had a neutral for Newmark Group Inc.
When was the last downgrade for Newmark Group (NMRK)?
The last downgrade for Newmark Group Inc happened on October 4, 2023 when Raymond James changed their price target from N/A to N/A for Newmark Group Inc.
When is the next analyst rating going to be posted or updated for Newmark Group (NMRK)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Newmark Group, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Newmark Group was filed on March 26, 2024 so you should expect the next rating to be made available sometime around March 26, 2025.
Is the Analyst Rating Newmark Group (NMRK) correct?
While ratings are subjective and will change, the latest Newmark Group (NMRK) rating was a maintained with a price target of $13.00 to $13.00. The current price Newmark Group (NMRK) is trading at is $11.92, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.