Analyst Consensus ?
ConsensusBuy22 ratings
Bullish1672.7%
Neutral418.2%
Bearish29.1%
1 unmapped firm rating excluded from the percentages.
RB Global, Inc. · RBA · FY2026 Q1 · Calendar Q2 2026
RB Global lifts FY2026 outlook as GTV and adjusted EBITDA grow
The quarter supports a growth-and-resilience case for RB Global: transaction value and adjusted EBITDA increased, and management raised its full-year outlook. That case is tempered by lower service-revenue take rates, uneven auction supply, and exposure to geopolitical and fuel-cost volatility; sustained performance depends on converting platform growth into profitable execution.
Why did RBA rise 1.4% after beating EPS estimates in FY2026 Q1?
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Reported After market closeNYSEIndustrials
$17.32B market cap
100quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$1.01
Consensus $0.97
EPS surprise
+4.1%
Reported versus consensus
Reported revenue
$1.21B
Consensus $1.13B
Revenue surprise
+6.6%
Reported versus consensus
Market reaction
event-close to next-session close
Stock move
+1.4%
Event window
SPY move
+0.8%
Same window
Abnormal move
+0.6%
Stock minus SPY
Volume
1.5×
Versus trailing sessions
Subsequent drift
-4.1%
Up to 20 sessions
RBASPY benchmark
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Why did RBA rise 1.4% after beating EPS estimates in FY2026 Q1?What changed in RBA's guidance and outlook in FY2026 Q1?Give me the bull and bear case for RBA after FY2026 Q1 earnings.
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Transcript intelligence
What changed
Management raised full-year 2026 expectations, now projecting 6–9% GTV growth and approximately 8% adjusted EBITDA growth at the midpoint. The reported quarter featured 13% GTV growth and 11% adjusted EBITDA growth, with higher average selling prices helping offset a lower service-revenue take rate.
Guidance delta
Raised: full-year GTV growth outlook moved to 6–9%; adjusted EBITDA growth is expected to be approximately 8% at the midpoint, according to the supplied call analysis.
Key takeaways
- GTV rose 13% and adjusted EBITDA rose 11% in Q1 FY2026, according to the supplied call analysis.
- Commercial Construction & Transportation GTV increased 27% year over year; Automotive GTV increased 7%, with unit volumes up 1% and average selling prices up 6%.
- Higher average selling prices supported dollar service revenue despite a 160-basis-point decline in the service-revenue take rate.
- Management cited market-share initiatives, partner engagement, and reserve or fixed-price auction formats as growth priorities.
- BigIron remained pending, while Blackmon was completed; acquisitions are intended to broaden capabilities and geographic reach.
Management priorities
- Scale reserve and fixed-price auction pilots in additional markets, including the U.S.
- Integrate acquired capabilities and pursue acquisitions that add capabilities or geographic coverage.
- Invest in yard-level technology and efficiency to support operating leverage.
- Maintain cost discipline and prioritize profit-led growth.
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Try FN2 freeEarnings History
Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$95.14Current
$56Low
$98.31Average
$145High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Nov 11, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| RBC Capital | Outperform | Outperform | Maintain | Nov 10, 2026 |
| Barclays | Overweight | Overweight | Maintain | Oct 6, 2026 |
| Raymond James | Strong Buy | Outperform | Upgrade | Jun 30, 2026 |
| Stephens & Co. | Equal Weight | Equal Weight | Maintain | May 5, 2026 |
| BMO Capital | Outperform | Outperform | Maintain | Feb 18, 2026 |
| B of A Securities | Buy | Buy | Maintain | Nov 7, 2025 |
| CIBC | Outperform | Outperform | Maintain | Jul 18, 2025 |
| Baird | Outperform | Outperform | Maintain | May 8, 2025 |
| Scotiabank | Sector Outperform | Sector Outperform | Maintain | Apr 24, 2024 |
| National Bank Financial Inc | Outperform | Outperform | Maintain | Jul 11, 2023 |
| OTR Global | Positive | Mixed | Upgrade | May 4, 2023 |
| Northcoast Research | Buy | Neutral | Upgrade | Nov 14, 2022 |
| Barrington Research | Outperform | Market Perform | Upgrade | Nov 7, 2022 |
| TD Securities | Hold | Hold | Maintain | May 12, 2021 |
| Bank of America | Underperform | Underperform | Maintain | Aug 9, 2019 |
| Macquarie | Outperform | Outperform | Maintain | Sep 11, 2018 |
| National Bank Financial | Outperform | Sector Perform | Upgrade | Nov 20, 2017 |
| KeyBanc | Overweight | Downgrade | Apr 10, 2017 | |
| Jefferies | Hold | Hold | Maintain | Aug 31, 2016 |
| Canaccord Genuity | Buy | Hold | Upgrade | Aug 10, 2015 |
| Cantor Fitzgerald | Hold | Sell | Upgrade | Feb 4, 2014 |
| Credit Suisse | Underperform | Neutral | Downgrade | Nov 7, 2013 |
| Bank oferica | Buy | Buy | Maintain | Feb 16, 2012 |
Named analyst price targets
Upside is calculated against the persisted current price $95.14. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Raymond James | Strong Buy | $145 | $113.95 | +52.4% | Jun 30, 2026 |
| Barclays | John Babcock | $124 | $103.94 | +30.3% | May 28, 2026 |
| National Bank | Analyst unavailable | $124 | $96.22 | +30.3% | Nov 24, 2025 |
| BMO Capital | John Gibson | $107 | $86.5 | +12.5% | Nov 11, 2024 |
| BMO Capital | John Gibson | $105 | $83.96 | +10.4% | Sep 4, 2024 |
| Bank of America Securities | Michael Feniger | $92.5 | $85.67 | -2.8% | Aug 26, 2024 |
| Scotiabank | Analyst unavailable | $65 | $54.45 | -31.7% | Dec 5, 2022 |
| RBC Capital | Sabahat Khan | $73 | $70.87 | -23.3% | Aug 23, 2022 |
| National Bank | Maxim Sytchev | $56 | $66.32 | -41.1% | Jul 12, 2022 |
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Start freeCompany context
Snapshot as of publicationRB Global, Inc. functions as a comprehensive global omnichannel platform, delivering valuable insights, diverse services, and efficient transaction solutions to facilitate the buying and selling of commercial equipment and vehicles worldwide. Its extensive brand portfolio includes Ritchie Bros., a leading auctioneer specializing in online bidding for commercial assets; IAA, a digital hub connecting vehicle purchasers and vendors; Rouse Services, which offers expertise in asset management, data-driven intelligence, and performance benchmarking; SmartEquip, a technological framework supporting the entire equipment lifecycle; Xcira, providing cutting-edge live simulcast auction technologies; and Veritread, an online marketplace dedicated to heavy haul transportation solutions. The company caters to a broad spectrum of asset categories, such as automotive, commercial transportation, construction, government surplus, lifting and material handling, energy, mining, and agriculture. Founded in 1958, RB Global, Inc. maintains its primary corporate office in Westchester, Illinois.
Historical context
All RBA earningsIndustrials peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| TDG TransDigm Group Incorporated | FY2026 Q4 · Calendar Q4 2026 | +1.9% | +0.5% | TransDigm closes FY2026 with broad growth and sets a higher-investment FY2027 outlook |
| EMBJ Embraer S.A. | FY2026 Q3 · Calendar Q4 2026 | -49.4% | +7.0% | Embraer’s record Q3 and raised outlook meet a sharp EPS miss |
| RKLB Rocket Lab USA, Inc. | FY2026 Q3 · Calendar Q4 2026 | -79.5% | -1.0% | Rocket Lab Q3: Revenue Beat, EPS Loss Wider Than Expected |
| CNH CNH Industrial N.V. | FY2026 Q3 · Calendar Q4 2026 | +67.1% | +10.9% | CNH sharpens agriculture focus as margins improve and construction JV advances |
| FERG Ferguson Enterprises Inc. | FY2026 Q3 · Calendar Q4 2026 | +3.6% | +11.2% | Ferguson raises FY2026 outlook as industrial and HVAC sales accelerate |
Latest beats and misses
Who reports nextBeat on EPS
- VGFY2026 Q3 · November 10, 2026+92.7% EPS+1.7% move
- TDGFY2026 Q4 · November 10, 2026+1.9% EPS+0.5% move
- ONONFY2026 Q3 · November 10, 2026+39.9% EPS-7.5% move
- CRWVFY2026 Q3 · November 10, 20260.0% EPS-0.5% move
- OXYFY2026 Q3 · November 9, 2026+30.8% EPS+2.0% move
- MGREFY2026 Q3 · November 9, 2026+8.1% EPS+0.6% move
Missed on EPS
- EMBJFY2026 Q3 · November 10, 2026-49.4% EPS+7.0% move
- VODFY2027 Q2 · November 10, 2026-72.8% EPS-1.2% move
- SEFY2026 Q3 · November 10, 2026-5.1% EPS-1.5% move
- BAPFY2026 Q3 · November 9, 2026-2.6% EPS+3.3% move
- JBSFY2026 Q3 · November 9, 2026-28.6% EPS-5.5% move
- CIBFY2026 Q3 · November 9, 2026-10.1% EPS-4.0% move
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Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2026-07-26T00:37:12.209961+00:00
- Polygon adjusted daily market bars · 2026-11-09T17:30:47.036988+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-11-09T17:30:47.034222+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-11-09. For educational purposes only; not investment advice.