RBC Capital kept an Outperform rating on Colliers International (NASDAQ: CIGI) and set a $190 price objective, a level that represents about a 46% increase over the stock’s current trading price of $130.01. Analyst Jimmy Shan retained the positive stance in a research note issued as the company approaches its next earnings release on February 13.
The research note pointed to recent results from CBRE as a reference point for the market. CBRE reported year-over-year revenue gains in business areas that are comparable to Colliers’ operations. Specifically, CBRE’s capital markets revenue rose 18%, with office and multifamily identified as leading contributors, while leasing revenue increased 14%, supported by data center activity, industrial property strength in the United States, and robust performance across Europe and the United Kingdom.
RBC’s analyst observed that Colliers’ guidance for 2026 core earnings per share implies a 17% increase year over year. That projection aligns broadly with consensus expectations, the note said, but the analyst also acknowledged uncertainty about whether the guidance will be sufficient to reverse a recent sell-off in the stock that has been associated with AI-related market dynamics.
The broader broker landscape shows a range of analyst targets for Colliers, spanning from $156 to $200 based on InvestingPro data. That dispersion reflects differing views among analysts on the company’s near-term trajectory and the valuation impact of recent strategic moves.
One of those strategic moves was Colliers’ acquisition of Ayesa. The deal drew a positive reaction from Raymond James, which upgraded Colliers’ rating from Outperform to Strong Buy and increased its price target to $200, characterizing the purchase as a pivotal step in the company’s expansion of capabilities.
Meanwhile, Citizens analyst Mitch Germain maintained a Market Perform rating for Colliers, highlighting the company’s engineering platform as a distinguishing element. Citizens emphasized that the engineering business provides durable income through long-term contracts and that Colliers’ reputation and technical capabilities position it to pursue both organic growth and further external expansion opportunities.
Investors will be watching Colliers’ upcoming quarterly results and any commentary on the 2026 outlook, while brokers and market participants continue to weigh the implications of peer performance and recent acquisition activity on the company’s growth profile.
Context and next steps
- Colliers reports earnings on February 13, when market participants will get updated results and any refinements to guidance.
- Analyst target range currently runs from $156 to $200, per InvestingPro data.
- Recent acquisition activity has prompted at least one broker to raise its rating and price target, while others have maintained more cautious stances.