CBRE’s $2 Billion Data Center Target Is Now Official: Here What to Expect

Gian Estrada5 minute read
Reviewed by: David Hanson
Last updated Mar 31, 2026

Key Stats for CBRE Stock

  • Past-Week Performance: -0.2%
  • 52-Week Range: $108.5 to $174.3
  • Current Price: $133.1

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What Happened?

CBRE Group (CBRE), the world’s largest commercial real estate services firm, is trading at $133.14 — roughly 24% below its 52-week high of $174.27 — even as the company just reported its highest-ever quarterly revenue and core earnings per share in Q4 2025.

Q4 core EPS of $2.73 beat the IBES estimate of $2.68, while the company issued 2026 core EPS guidance of $7.30 to $7.60, a midpoint of $7.45 that cleared the LSEG consensus of $7.36 and implies 17% growth year-over-year.

CBRE’s Data Center Solutions business, which provides integrated technical and facilities management services for hyperscaler-owned data centers, grew revenue more than 20% in Q4 and is tracking toward $2 billion in 2026 revenue, growing at 20% annually and already representing roughly 14% of company-wide core EBITDA in 2025.

Also, in March, CBRE restructured its reporting to create a new Critical Infrastructure Services segment, encompassing data center technical services and the November 2025 Pearce Services acquisition, which added critical power, cooling, and wireless network capabilities; together, these generated approximately $1.7 billion in 2025 revenue.

CBRE’s broadening infrastructure franchise, $1 billion in share repurchases completed since the start of 2025, a confirmed Q1 2026 earnings release scheduled for April 23, and a leadership upgrade with incoming Chief Technology Officer Anuj Kadyan starting May 15 collectively position the company for sustained double-digit earnings growth through the data center buildout cycle.

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Wall Street’s Take on CBRE Stock

CBRE’s record Q4 directly reframes the investment case: the company just proved its data center and facilities management engine can drive double-digit core EPS growth even as its stock sits 24% below its 52-week high of $174.27.

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CBRE Stock Revenue, EPS, & EBITDA Margins (TIKR)

As TIKR estimates, normalized EPS grows from $6.38 in 2025 to $7.52 in 2026 and $8.70 in 2027, compounding at roughly 16% annually, powered by the Data Center Solutions business tracking toward $2 billion in 2026 revenue.

Revenue is also projected to expand from $40.6 billion in 2025 to $45.6 billion in 2026 and $49.8 billion in 2027, as resilient businesses including facilities management sustain double-digit growth independent of transaction cycles.

Meanwhile, EBITDA margins are forecast to expand from 8.2% in 2025 to 8.6% by 2027, reflecting BOE segment operating leverage and the higher-margin project work embedded in the Local Facilities Management buildout.

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Street Analysts Target for CBRE Stock (TIKR)

Eleven of 14 analysts covering CBRE currently rate the stock a buy or outperform, with a mean price target of $173.42 — implying 30.3% upside from the March 30 close of $133.14 — anchored to the Data Center Solutions ramp and sustained leasing recovery.

The analyst price target range spans $115 on the low end to $200 on the high end, with the floor tied to data center land monetization delays and the ceiling contingent on the Critical Infrastructure Services segment sustaining its $1.7 billion revenue base through the full 2026 buildout cycle.

What Does the Valuation Model Say?

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CBRE Stock Valuation Model Results (TIKR)

As TIKR estimates, the mid-case model prices CBRE at $199.83 by December 2030, reflecting a 7.8% revenue CAGR and 9.8% EPS CAGR, both supported by the Pearce Services integration and the confirmed $2 billion Data Center Solutions revenue target for 2026.

The market is pricing CBRE at roughly 17.7x forward normalized EPS, a trough multiple on a business compounding earnings at 16% with $1.96 billion in free cash flow expected in 2026.

Free cash flow, which measures actual cash generated after capital expenditures and reflects the company’s ability to fund buybacks and acquisitions, rises 18.5% to $1.96 billion in 2026 as TIKR estimates, directly supporting the $1 billion-plus buyback program already underway since the start of 2025.

Moreoever, Bob Sulentic also stated on the Q4 2025 earnings call that the Data Center Solutions business is “a $2 billion likely revenue business in 2026” growing at 20% annually, a figure that management has directly tied to confirmed hyperscaler demand and multi-year contract pipelines.

The single variable that breaks the TIKR model’s core EPS assumption is data center land monetization timing: if power procurement delays push site sales out of 2026, EBITDA growth slows and the $199.83 price target compresses toward the $155.81 low-case scenario.

Thus, the April 23 Q1 2026 earnings release is the confirming catalyst; watch for Data Center Solutions revenue growth sustaining above 20% and Q1 core EPS tracking toward the guided 15% share of full-year earnings.

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Should You Invest in CBRE Group, Inc.?

The only way to really know is to look at the numbers yourself. TIKR gives you free access to the same institutional-quality financial data that professional analysts use to answer exactly that question.

Pull up CBRE stock and you’ll see years of historical financials, what Wall Street analysts expect for revenue and earnings in the quarters ahead, how valuation multiples have moved over time, and whether price targets are trending up or down.

You can build a free watchlist to track CBRE Group, Inc. alongside every other stock on your radar. No credit card required. Just the data you need to decide for yourself.

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