Analyst Gary Prestopino from Barrington maintained a Buy rating on RB Global and keeping the price target at $125.00.
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Gary Prestopino has given his Buy rating due to a combination of factors that highlight RB Global’s strong financial performance and strategic initiatives. The company reported a significant 11% increase in revenue for Q3/25, reaching $1.1 billion, and a 16% rise in adjusted EBITDA to $327.7 million, surpassing both the firm’s and consensus expectations. This growth was supported by a 7% increase in gross transaction value (GTV) across all sectors, indicating robust market demand and effective operational strategies.
Moreover, RB Global’s commitment to efficiency and transformation initiatives has led to improved margins, with adjusted EBITDA as a percentage of GTV expanding to 8.4% from 7.8% in the previous year. The automotive segment, in particular, demonstrated strong performance with a 9% year-over-year increase in unit volume, driven by market share gains and enhanced operational metrics. Additionally, the company’s expansion of its remarketing services agreement with the U.S. General Services Administration further strengthens its market position and future growth prospects.
According to TipRanks, Prestopino is a 4-star analyst with an average return of 7.9% and a 49.80% success rate. Prestopino covers the Consumer Cyclical sector, focusing on stocks such as Stoneridge, ACV Auctions, and Dorman Products.
In another report released on November 7, Bank of America Securities also reiterated a Buy rating on the stock with a $114.00 price target.