Newmark appoints Mike Whitaker chief information officer. Seven analysts rate Newmark stock Buy.

Published on 10/05/2026 at 16:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Newmark reported USD 888.42 million revenue in the second quarter, up 17.00 percent year over year. Newmark stock costs EUR 11.20 on October 5, 2026 after EUR 11.25.

NMRK, US65158N1028, Illustration mit AI erstellt.

Newmark (ISIN US65158N1028) appointed Mike Whitaker as group chief information officer on September 28, 2026, while seven brokerages rate Newmark stock Buy. The appointment adds a technology and data leadership angle as the commercial real estate services company expands its operating platform.

Technology leadership changes

According to FinanzNachrichten on September 28, 2026, Whitaker will oversee technology, data and information initiatives across Newmark and serve on its Executive Committee. He reports to Chief Operating Officer Luis Alvarado and works with Chief Strategy Officer Kyle Lutnick.

The move gives investors a concrete management focus: Newmark links technology and information capabilities to client advice, operational execution and long-term growth. Whitaker previously held senior technology roles at Citi, Deutsche Bank and Barclays Capital, according to the same company announcement carried by FinanzNachrichten.

Revenue beats consensus

Newmark generated USD 888.42 million of revenue in the second quarter of 2026, up 17.00 percent from the same quarter a year earlier. MarketBeat reported that revenue exceeded the USD 865.24 million consensus, while adjusted earnings per share of USD 0.39 matched estimates.

Operating cash flow reached USD 362.50 million in the second quarter of 2026, and GAAP net income was USD 27.10 million, according to StockTitan. The figures show why the revenue comparison matters: top-line growth came with positive cash generation, even as GAAP profitability remained modest relative to sales.

Stock trades at EUR 11.20

Newmark stock was trading at EUR 11.20 at Lang & Schwarz on October 5, 2026 at 4:30 p.m. CEST, down 0.44 percent versus the prior close of EUR 11.25 on October 2, 2026. The primary listing is Nasdaq, where the finance quote showed USD 12.64 on October 5, 2026 at 10:33 a.m. ET; its 52-week range was USD 12.14 to USD 19.84.