RBA Stock Forecast & Price Target

RB Global's stock outlook is bolstered by a significant increase in market share from IAA, with expected enterprise value to EBITDA ratios for 2026 standing at approximately 17.7 times. In addition, the company reported higher-than-anticipated gross transaction value (GTV) growth, increasing by 2% year-over-year to reach $4.2 billion, alongside steady service take rates that improved by roughly 20 basis points to 21.1%. Moreover, GTV increased by 8% year-over-year to $2,162 million, complemented by a 9% rise in lot volumes, indicating robust operational performance.

RB Global's stock faces a negative outlook primarily due to signs of declining growth, as evidenced by a 6% year-over-year decrease in Ritchie Bros. gross transaction value (GTV) to $1,523 million, with only a minimal decline of 1% in its heavy business when excluding substantial one-time wins. Furthermore, there are concerns about modestly lowered expectations for the second half of 2025, indicating stagnation in growth prospects. Additionally, any supply challenges in the end markets or a faltering demand for used equipment and salvage automobiles could further exacerbate potential downside risks to the company's valuation.