Cushman & Wakefield (CWK) Stock Overview
Provides commercial real estate services under the Cushman & Wakefield brand in the Americas, Europe, Middle East, Africa, and Asia Pacific. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 3/6 |
| Past Performance | 1/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
CWK Community Fair Values
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Analyst Price Targets
Cushman & Wakefield Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$12.89 |
| 52 Week High | US$17.40 |
| 52 Week Low | US$9.43 |
| Beta | 1.5 |
| 1 Month Change | -11.35% |
| 3 Month Change | -3.30% |
| 1 Year Change | 33.85% |
| 3 Year Change | 63.37% |
| 5 Year Change | -32.19% |
| Change since IPO | -27.62% |
Recent News & Updates
Recent updates
Narrative Update • May 20
CWK: New UK Mandates And Florida Expansion Will Support Bullish View
Analysts have adjusted their price target on Cushman & Wakefield from $20.00 to $21.00, citing updated assumptions for the discount rate, revenue growth, profit margin and future P/E that modestly shift their valuation framework. What's in the News Cushman & Wakefield has been appointed by SEGRO, the UK’s largest REIT, as valuer for its UK portfolio of modern warehousing, industrial property, data centres and development land, under a five year contract covering more than 27.7 million sq ft of space.
Narrative Update • May 04
CWK: Waterfront And Florida Expansion Activity Will Support A Steady Outlook
Analysts have kept their $14.00 price target for Cushman & Wakefield unchanged, citing relatively steady assumptions for the discount rate, revenue growth, profit margin, and future P/E as the basis for this view. What's in the News Broe Real Estate Group engaged Cushman & Wakefield to bring the second phase of its $225 million Cherry Creek North development in Denver to market, a planned eight story, 175,000 SF mixed use project at 250 Clayton with project delivery targeted for Third Quarter 2028 (Client announcement).Seeking Alpha • Apr 27
Cushman & Wakefield: An AI-Driven Selloff Creates Opportunity
Summary Cushman & Wakefield shares have traded under pressure due to AI concerns, but the company's human expertise and tailored solutions provide a differentiator that generic algorithms cannot easily replicate. Over 53% of Cushman & Wakefield's fee revenue comes from Property, Facilities & Project Management, a contract-based business providing substantial earnings visibility and recurring revenue. The global commercial real estate services industry is highly consolidated, dominated by CBRE, JLL, and Cushman & Wakefield, creating significant scale advantages for these incumbents. In February 2026, Cushman & Wakefield reported adjusted EBITDA of $656.2 million and free cash flow of $293.0 million, while noting it prepaid $300 million of debt during 2025. Read the full article on Seeking AlphaNarrative Update • Apr 19
CWK: Waterfront Project, Florida Expansion And AI Tool Will Support Steady Outlook
Analysts have kept their $14.00 price target for Cushman & Wakefield unchanged, citing relatively steady assumptions around discount rate, revenue growth, profit margin and future P/E as the basis for maintaining this target. What's in the News Cushman & Wakefield has been exclusively retained by American Sugar Refining to market The Refinery District, a 33 acre waterfront development site in Yonkers, New York, described as the final large scale development opportunity along the Yonkers waterfront (Key Developments).Narrative Update • Apr 05
CWK: Florida Expansion And AI Tool Will Support Future Upside Potential
Analysts have reduced their price target on Cushman & Wakefield by $0.70 to $14.00, citing updated assumptions for the discount rate, revenue growth, profit margins, and future P/E multiples in their models. What's in the News Cushman & Wakefield expanded its Florida operations by adding the NAI Southcoast brokerage and Johnson Schroth and Associates valuation teams, increasing its presence in the Space Coast and Treasure Coast regions and bringing in eight brokers, three appraisers and additional staff (Key Developments).Narrative Update • Mar 21
CWK: Florida Expansion And AI Tool Will Support Bullish Outlook
Analysts have revised their price target on Cushman & Wakefield from $21.69 to $20.00, reflecting a slightly higher discount rate, modest adjustments to revenue growth and profit margin assumptions, and a lower future P/E multiple in their updated models. What's in the News Cushman & Wakefield is expanding its Florida operations with the addition of the NAI Southcoast brokerage and Johnson Schroth and Associates valuation teams, increasing coverage across the Space Coast and Treasure Coast regions and adding brokers, appraisers and support staff to its platform (Key Developments).
Narrative Update • Mar 07
CWK: AI Real Estate Demand Will Support Bullish Florida Expansion Outlook
Analysts have trimmed their price target on Cushman & Wakefield by about $0.25, reflecting updated assumptions around fair value, the discount rate, revenue growth, profit margin, and future P/E expectations. What's in the News Cushman & Wakefield expanded its Florida operations by adding the NAI Southcoast brokerage and Johnson Schroth and Associates valuation teams, bringing eight brokers, three appraisers and additional staff focused on the Space Coast and Treasure Coast regions (Key Developments).Narrative Update • Feb 21
CWK: AI Demand And Global Contracts Will Support Bullish Outlook
Analysts now set their price target for Cushman & Wakefield at about $18.63 per share, up from roughly $18.40, citing updated assumptions for the discount rate, revenue growth, profit margin and future P/E. What's in the News Cushman & Wakefield launched its AI Impact Barometer, a data tool that tracks how artificial intelligence is affecting the global economy and real estate, including sectors like data centers, industrial and office.Analysis Article • Feb 16
Cushman & Wakefield Limited (NYSE:CWK) Stock's 25% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Cushman & Wakefield Limited ( NYSE:CWK ) shareholders won't be pleased to see that the share price has had a very rough...Narrative Update • Feb 06
CWK: Global Contracts And M&A Tuck Ins Will Support Bullish Outlook
Analysts have raised their price target for Cushman & Wakefield to about $18.40 from about $18.00, citing updated assumptions around fair value, discount rate, revenue growth, profit margins and future P/E levels. What's in the News Cushman & Wakefield UK Holdco (London) Limited filed a Form 15 with the SEC to voluntarily deregister its Ordinary Shares under the Securities Exchange Act of 1934, with the shares carrying a par value of $0.10 each (Key Developments).Narrative Update • Jan 23
CWK: Higher Future P/E Expectations Will Likely Limit Upside Potential
Narrative Update on Cushman & Wakefield Analysts now point to a fair value estimate of $14.70 per share for Cushman & Wakefield, up from $12.00, reflecting updated assumptions around revenue growth, profit margins, the discount rate and future P/E expectations. What's in the News Cushman & Wakefield UK Holdco (London) Limited filed a Form 15 with the SEC to voluntarily deregister its Ordinary Shares under the Securities Exchange Act of 1934, ending its registration as a reporting company (Key Developments).Narrative Update • Jan 08
CWK: Off Market Contract Win And M&A Drive Bullish Outlook
Analysts have modestly raised their price target for Cushman & Wakefield from US$20.00 to about US$21.69, citing updated assumptions around fair value, discount rate, revenue growth, profit margins and future P/E. What's in the News Cushman & Wakefield UK Holdco (London) Limited filed a Form 15 with the SEC to voluntarily deregister its Ordinary Shares under the Securities Exchange Act of 1934, with a par value of $0.10 per share (Key Developments).Analysis Article • Jan 01
An Intrinsic Calculation For Cushman & Wakefield Limited (NYSE:CWK) Suggests It's 25% Undervalued
Key Insights Cushman & Wakefield's estimated fair value is US$21.69 based on 2 Stage Free Cash Flow to Equity Cushman...Narrative Update • Dec 24
CWK: Global Contracts And New Share Class Will Support Balanced Outlook
Analysts have modestly adjusted their price expectations for Cushman & Wakefield toward approximately $18.00 per share. This reflects slightly faster projected revenue growth, a marginally stronger profit margin, and a modestly lower discount rate that together support a somewhat richer valuation, despite a small trimming of the assumed future price to earnings multiple.Narrative Update • Dec 10
CWK: Global Occupier Wins And New Share Class Will Drive Upside
Analysts have modestly raised their price target on Cushman & Wakefield to approximately $18.00 per share, reflecting slightly higher assumed future valuation multiples that more than offset minor trims to revenue growth and profit margin expectations amid a higher discount rate. What's in the News Cushman & Wakefield UK Holdco (London) Limited filed Form 15 with the SEC to voluntarily deregister its ordinary shares, formally completing its delisting process (company filing).Narrative Update • Nov 26
CWK: Recent Developments and New Share Class Will Shape Future Performance
Analysts have raised their price target for Cushman & Wakefield slightly, increasing it from $17.86 to $17.99. They cite modest improvements in projected revenue growth and a slightly higher future earnings multiple as reasons for the adjustment.Narrative Update • Nov 08
CWK: New Agreements Will Drive Broader Global Business Expansion Ahead
Analysts have raised their price target for Cushman & Wakefield from $17.22 to $17.86. They cite adjustments in core valuation metrics and updated projections for profit margins and growth factors.Narrative Update • Oct 24
Urban Air Mobility And Global Expansion Will Drive Future Value
Narrative Update on Cushman & Wakefield: Analyst Price Target Revision Analysts have raised their fair value estimate for Cushman & Wakefield by $0.33 to $17.22, citing improvements in the discount rate, projected revenue growth, and profit margins. What's in the News Cushman & Wakefield will host an Analyst/Investor Day, providing insight into its growth strategy and financial outlook (Key Developments) At a recent General Meeting, shareholders approved amendments to the company's articles of association related to equity incentive plans and the creation of a new class of B ordinary shares (Key Developments) Cushman & Wakefield was selected by VertiPorts by Atlantic as preferred real estate advisor for the development of vertiport sites across major U.S. markets, supporting urban air mobility initiatives (Key Developments) The company was appointed by Woodside Energy to deliver integrated real estate solutions across a global office portfolio covering 14 countries, marking a significant expansion of services (Key Developments) No shares were repurchased from April 1 to June 30, 2025, under the existing buyback program announced in September 2022 (Key Developments) Valuation Changes Fair Value Estimate has risen slightly from $16.89 to $17.22 following the recent analysis.Narrative Update • Oct 10
Hybrid Work And Leasing Demand Will Drive Value
Analysts have slightly raised their price target for Cushman & Wakefield by increasing the estimated fair value from $16.06 to $16.89. This change reflects modest adjustments in discount rate assumptions and projected profitability.Analysis Article • Sep 10
Does Cushman & Wakefield (NYSE:CWK) Have A Healthy Balance Sheet?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Narrative Update • Aug 27
Hybrid Work And Leasing Demand Will Drive Value
The consensus Analyst Price Target for Cushman & Wakefield has increased to $15.78, primarily reflecting improved net profit margin performance. What's in the News Cushman & Wakefield has been appointed by Woodside Energy to deliver integrated real estate solutions across a global portfolio spanning 14 countries, marking a significant milestone as its first Global Occupier Services client headquartered in Perth.Analysis Article • Aug 19
Cushman & Wakefield plc's (NYSE:CWK) Price Is Right But Growth Is Lacking After Shares Rocket 33%
Cushman & Wakefield plc ( NYSE:CWK ) shares have continued their recent momentum with a 33% gain in the last month...Narrative Update • Aug 08
Hybrid Work And Leasing Demand Will Drive Value
Cushman & Wakefield’s higher consensus price target reflects an increase in its future P/E multiple while revenue growth expectations remain steady, raising fair value from $13.69 to $14.44. What's in the News Scheduled a Special/Extraordinary Shareholders Meeting at the New York office on July 15, 2025.Analysis Article • Jul 16
Is Cushman & Wakefield plc (NYSE:CWK) Trading At A 39% Discount?
Key Insights Cushman & Wakefield's estimated fair value is US$18.19 based on 2 Stage Free Cash Flow to Equity Current...Analysis Article • Jun 24
Should You Investigate Cushman & Wakefield plc (NYSE:CWK) At US$10.89?
Cushman & Wakefield plc ( NYSE:CWK ), might not be a large cap stock, but it saw a significant share price rise of 38...Analysis Article • Apr 27
Is Cushman & Wakefield (NYSE:CWK) A Risky Investment?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Apr 09
Benign Growth For Cushman & Wakefield plc (NYSE:CWK) Underpins Stock's 27% Plummet
To the annoyance of some shareholders, Cushman & Wakefield plc ( NYSE:CWK ) shares are down a considerable 27% in the...Analysis Article • Mar 29
Cushman & Wakefield plc (NYSE:CWK) Shares Could Be 37% Below Their Intrinsic Value Estimate
Key Insights Using the 2 Stage Free Cash Flow to Equity, Cushman & Wakefield fair value estimate is US$16.06 Current...Analysis Article • Mar 11
At US$11.11, Is Cushman & Wakefield plc (NYSE:CWK) Worth Looking At Closely?
Cushman & Wakefield plc ( NYSE:CWK ), might not be a large cap stock, but it saw significant share price movement...Shareholder Returns
| CWK | US Real Estate | US Market | |
|---|---|---|---|
| 7D | 3.5% | -0.8% | -0.8% |
| 1Y | 33.9% | -7.2% | 27.1% |
Return vs Industry: CWK exceeded the US Real Estate industry which returned -7.2% over the past year.
Return vs Market: CWK exceeded the US Market which returned 27.1% over the past year.
Price Volatility
| CWK volatility | |
|---|---|
| CWK Average Weekly Movement | 5.4% |
| Real Estate Industry Average Movement | 7.0% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.3% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: CWK has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: CWK's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1784 | 53,000 | Michelle MacKay | www.cushmanwakefield.com |
Cushman & Wakefield Limited, together with its subsidiaries, provides commercial real estate services under the Cushman & Wakefield brand in the Americas, Europe, Middle East, Africa, and Asia Pacific. It offers integrated facilities management, project and development, portfolio administration, transaction management, and strategic consulting services; property management services, including client accounting, engineering and operations, lease compliance administration, project and development, tenant experience, residential property management, and sustainability services; self-performed facilities services, which include janitorial, maintenance, environment management, landscaping, and office services; project management sustainability and workplace consulting services. The company also provides owner representation and tenant representation leasing services; debt and structured financing for real estate purchase and sales transactions; and appraisal management, investment management, valuation advisory, portfolio advisory, diligence advisory, dispute analysis and litigation support, financial reporting, and property and/or portfolio valuation services on real estate debt and equity decisions.
Cushman & Wakefield Limited Fundamentals Summary
| CWK fundamental statistics | |
|---|---|
| Market cap | US$3.00b |
| Earnings (TTM) | US$73.70m |
| Revenue (TTM) | US$10.54b |
41.0x
P/E Ratio0.3x
P/S RatioIs CWK overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CWK income statement (TTM) | |
|---|---|
| Revenue | US$10.54b |
| Cost of Revenue | US$8.62b |
| Gross Profit | US$1.92b |
| Other Expenses | US$1.84b |
| Earnings | US$73.70m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.31 |
| Gross Margin | 18.18% |
| Net Profit Margin | 0.70% |
| Debt/Equity Ratio | 139.0% |
How did CWK perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/22 02:03 |
| End of Day Share Price | 2026/05/22 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Cushman & Wakefield Limited is covered by 19 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Brendan Lynch | Barclays |
| Michael Funk | BofA Global Research |
| Nicholas Joseph | Citigroup Inc |