Piper Sandler cuts Newmark target to USD 13 for Newmark Group stock

Published on 10/20/2026 at 21:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Newmark posted USD 888.4 million revenue in the second quarter, up 17.0 percent year over year. Newmark Group stock costs EUR 10.40 on October 20, 2026.

Analyst target and reporting date

Piper Sandler cut its Newmark target to USD 13.00 from USD 14.00 on October 19, 2026.
Newmark reported USD 888.4 million in second-quarter revenue, up 17.0 percent year over year.
Newmark Group stock was trading at EUR 10.40 at Lang & Schwarz on October 20, 2026 at 9:18 p.m. CEST.
Newmark plans to publish third-quarter 2026 results on October 29, 2026.

NMRK, US65158N1028, Illustration mit AI erstellt.

Newmark Group (ISIN US65158N1028) faces a lower analyst target after Piper Sandler cut its view to USD 13.00 from USD 14.00 on October 19, 2026, according to Markets Insider. Newmark Group stock was trading at EUR 10.40 at Lang & Schwarz on October 20, 2026 at 9:18 p.m. CEST.

Why Piper Sandler cut the target

Piper Sandler also downgraded Newmark from Overweight to Neutral. The analyst cited higher interest costs and weaker transaction volumes ahead of the company's third-quarter report, while the new target remains above the latest US market quote cited in the report.

The change followed an earlier Piper Sandler target reduction to USD 14.00 from USD 19.00 on October 12, 2026. The sequence gives investors a clearer measure of how quickly the firm's assumptions have changed during the reporting run-up.

Revenue reached USD 888.4 million

Newmark generated USD 888.419 million in revenue in the second quarter of 2026, while net income attributable to common shareholders was USD 19.698 million and diluted earnings per share were USD 0.11. The standardized quarterly figures place the reporting period at June 30, 2026.

Investing.com reported second-quarter revenue of USD 888.4 million, up 17.0 percent from the prior year and above a USD 853.28 million estimate. Adjusted earnings per share were USD 0.39 against a USD 0.38 forecast, so the operating picture was stronger than the target revision alone suggests.

October 29 is the next date

Newmark is scheduled to release third-quarter 2026 results before the market opens on October 29, 2026, followed by a conference call at 10:00 a.m. ET. The date was announced in a company release carried by Fidelity.

Newmark trades on Nasdaq under NMRK. Its market capitalization was USD 1.9 billion as of October 20, 2026, and the price-to-earnings ratio was 14.64. The 52-week range was USD 11.26 to USD 19.84, placing the latest US quote of USD 11.66 near the lower end of that span.

Stock position and next report

For investors, the immediate contrast is between a solid second-quarter revenue increase and a lower target ahead of the next operating update. The October 29 release will test whether transaction activity and financing demand have changed enough to affect Newmark's full-year outlook.

The further course of trading is shown by the continuously updated real-time quote of Newmark Group stock.