Newmark Group (NMRK) Stock Forecast & Price Target

$15.15

+0.22 (+1.47%)

(As of 12:59 PM ET)

Newmark Group - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 4 Analyst Ratings

Based on 4 Wall Street analysts who have issued ratings for Newmark Group in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 4 analysts, 1 has given a hold rating, and 3 have given a buy rating for NMRK.

Consensus Price Target

$16.17
6.71% Upside

High Forecast	$17.00
Average Forecast	$16.17
Low Forecast	$15.00

According to the 4 analysts' twelve-month price targets for Newmark Group, the average price target is $16.17. The highest price target for NMRK is $17.00, while the lowest price target for NMRK is $15.00. The average price target represents a forecasted upside of 6.71% from the current price of $15.15.

Type	Current Forecast 9/20/23 to 9/19/24	1 Month Ago 8/21/23 to 8/20/24	3 Months Ago 6/22/23 to 6/21/24	1 Year Ago 9/20/22 to 9/20/23
Consensus Rating	Moderate Buy	Moderate Buy	Hold	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	3 Buy rating(s)	2 Buy rating(s)	1 Buy rating(s)	1 Buy rating(s)
Hold	1 Hold rating(s)	2 Hold rating(s)	2 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$16.17	$13.83	$12.13	$7.58
Forecasted Upside	6.71% Upside	17.10% Upside	14.44% Upside	-1.39% Downside

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NMRK Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

NMRK Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Newmark Group Stock vs. The Competition

Type	Newmark Group	Finance Companies	S&P 500
Consensus Rating Score	2.75	2.47	2.50
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	6.71% Upside	12.93% Upside	6.57% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
9/5/2024	Keefe, Bruyette & Woods 4 of 5 stars	J. Rahmani Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Market Perform ➝ Outperform	$13.50 ➝ $16.50	+18.45%
9/3/2024	Piper Sandler 2 of 5 stars		Boost Target	Overweight ➝ Overweight	$13.00 ➝ $17.00	+22.57%
8/16/2024	Wolfe Research 3 of 5 stars	A. Rosivach Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Peer Perform ➝ Outperform	$15.00	+18.86%
10/4/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Market Perform
4/10/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Sell	$9.00 ➝ $6.25	-12.22%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 01:20 PM ET.

NMRK Forecast - Frequently Asked Questions

What is Newmark Group's forecast for 2024?: According to the research reports of 4 Wall Street equities research analysts, the average twelve-month stock price forecast for Newmark Group is $16.17, with a high forecast of $17.00 and a low forecast of $15.00.
Should I buy or sell Newmark Group stock right now?: 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Newmark Group in the last year. There is currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" NMRK shares.
Does Newmark Group's stock price have much upside?: According to analysts, Newmark Group's stock has a predicted upside of 19.99% based on their 12-month stock forecasts.
Has Newmark Group been upgraded by Wall Street analysts recently?: Over the previous 90 days, Newmark Group's stock had 2 upgrades by analysts.
What analysts cover Newmark Group?: Newmark Group has been rated by research analysts at Keefe, Bruyette & Woods, Piper Sandler, and Wolfe Research in the past 90 days.
Do Wall Street analysts like Newmark Group more than its competitors?: Analysts like Newmark Group more than other "finance" companies. The consensus rating for Newmark Group is Moderate Buy while the average consensus rating for "finance" companies is Hold. Learn more on how NMRK compares to other companies.