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RB Global ( (TSE:RBA) ) just unveiled an announcement.
RB Global reported strong first-quarter 2026 results on May 4, 2026, with gross transaction value rising 13% year over year to $4.34 billion and total revenue up 11% to $1.2 billion for the three months ended March 31, 2026. Service revenue grew 5% to $897.7 million, inventory sales revenue jumped 32% to $336.9 million, and net income climbed 20% to $135.6 million, driving a 20% increase in diluted earnings per share to $0.66 and an 11% gain in adjusted EBITDA to $362.7 million.
Reflecting this momentum, the company modestly raised its full-year 2026 outlook, now targeting GTV growth of 6% to 9% and adjusted EBITDA of $1.485 billion to $1.545 billion, while maintaining its projected tax rate and capital expenditure range. In addition, RB Global’s board underscored its commitment to shareholder returns by declaring on May 1, 2026, a quarterly cash dividend of $0.31 per common share, payable on June 18, 2026, to stockholders of record as of May 27, 2026.
The most recent analyst rating on (TSE:RBA) stock is a Buy with a C$130.00 price target. To see the full list of analyst forecasts on RB Global stock, see the TSE:RBA Stock Forecast page.
Spark’s Take on RBA Stock
According to Spark, TipRanks’ AI Analyst, RBA is a Neutral.
The score is driven mainly by solid financial performance (scaled revenue base, positive earnings, and strong free cash flow) and supportive earnings-call guidance for continued GTV/EBITDA growth. These positives are tempered by weak technical momentum and a demanding valuation (high P/E), with rising leverage and margin compression as key fundamental watch items.
To see Spark’s full report on RBA stock, click here.
More about RB Global
RB Global, Inc., listed on the NYSE and TSX under the ticker RBA, operates in the asset management and auction services sector, generating revenue through service fees and inventory sales tied to gross transaction value. The company focuses on facilitating large-scale equipment and asset transactions, positioning itself as a trusted partner to sellers and buyers across multiple sectors in a fluid macroeconomic environment.
YTD Price Performance: 1.26%
Average Trading Volume: 265,782
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$26.54B
For an in-depth examination of RBA stock, go to TipRanks’ Overview page.