CBRE

CBRE Group announced the acquisition of London-based Onnec Group, a data center infrastructure services provider, for $613 million in cash plus potential earnouts up to $400 million. The deal positions CBRE to capitalize on the booming AI infrastructure market, driving investor enthusiasm and pushing the stock up 2.65% on the news.

CBRE Group is set to report Q3 2026 earnings on October 22, with expectations for $11.89 billion in revenues (up 16% YoY) and EPS growth of 23%. The company has beaten earnings estimates for four consecutive quarters, with strong performance anticipated in outsourcing demand, leasing, and contractual revenues.

However, macroeconomic uncertainties and currency fluctuations pose risks. The Zacks model does not predict a conclusive earnings surprise despite the company's Rank 3 rating.

CBRE Group, a commercial real estate services firm, is highlighted as a potential investment opportunity with a #3 (Hold) Zacks Rank and B VGM Score. The company shows strong growth prospects with forecasted year-over-year earnings growth of 22.1% for the current fiscal year and a 15.2% average earnings surprise.