Analyst Ratings February 17, 2026

RBC Lowers Colliers Price Target as Valuation Resets After Share Drop

Firm keeps Outperform rating while trimming target to $180 following a sharp market reaction to modest quarterly misses

By Derek Hwang CIGI
RBC Lowers Colliers Price Target as Valuation Resets After Share Drop
CIGI

RBC Capital reduced its price target on Colliers International Group to $180 from $190 but retained an Outperform rating, citing a recent share price decline that the firm views as disproportionate to the company’s modest quarterly earnings shortfall. The analyst house highlighted Colliers’ guidance for double-digit earnings growth in 2025 and 2026 and noted that positives in the quarter outnumbered negatives, while also acknowledging persistent uncertainty around possible disruption from artificial intelligence.

Key Points

  • RBC Capital cut Colliers’ price target to $180 from $190 but left an Outperform rating in place.
  • Colliers reported fourth-quarter 2025 EPS of $2.34 versus $2.43 expected and revenues of $1.43 billion versus $1.61 billion expected.
  • RBC highlighted guidance calling for 14% earnings growth in 2025 and 15% in 2026 and said positives outweighed negatives in the quarter.

RBC Capital has adjusted its valuation outlook for Colliers International Group (NASDAQ:CIGI), lowering its price target to $180 from $190 while continuing to carry an Outperform rating on the shares.

The firm’s decision to trim the target comes after a sell-off in Colliers stock last Friday. RBC Capital described that decline as disproportionate relative to what it characterized as a modest miss on the company’s most recent quarterly earnings.

RBC emphasized Colliers’ forward guidance as part of its assessment: the company is projecting 14% earnings growth in 2025 followed by 15% growth in 2026. The analyst noted that, on balance, the quarter contained more positive elements than negative ones.

At the same time, RBC Capital acknowledged a continuing source of investor concern linked to potential disruption from artificial intelligence. The firm said those concerns could persist because it remains difficult to quantify the scale of disruption when the precise nature of any disruptor is not yet clear.

RBC framed Colliers as an opportunity for investors seeking exposure to a mid-teen earnings grower available at what the firm views as a reasonable valuation.


Recent company results that have attracted market attention include Colliers’ fourth-quarter 2025 financials, which fell short of expectations. The company reported earnings per share of $2.34, compared with forecasts of $2.43. Revenues were $1.43 billion, below the market expectation of $1.61 billion.

In related analyst activity, Citizens maintained a Market Perform rating on Colliers. That firm observed that a broad-based sell-off in the company’s shares had made the valuation more attractive. Citizens noted that, despite the recent drop, Colliers typically trades at a multiple in line with or slightly above the sector average, and cited the company’s durable earnings profile and alignment through insider ownership as supporting features behind that valuation.

These developments - the price-target adjustment by RBC, the quarterly misses, and the commentary from Citizens - form the most recent analyst-driven context around Colliers as investors evaluate the company’s growth trajectory and valuation.

Risks

  • Ongoing investor concern about potential disruption from artificial intelligence - this uncertainty could continue to affect investor sentiment in the real estate services sector.
  • Market reaction to earnings misses - sharp share price moves, such as last Friday’s decline, can alter valuations quickly and affect investor decisions in equity markets.

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