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Stock impact report

Wall Street is Bullish on BGC Group (BGC) [Yahoo! Finance]

BGC Group, Inc. - Class A (BGC) 
Last bgc group, inc. - class a earnings: 8/2 04:20 pm Check Earnings Report
Company Research Source: Yahoo! Finance
the company gets close to releasing its fiscal Q4 2025 results. Analysts' 12 month price target reflects more than 60% upside from the current levels. Recently, on January 14, Patrick Moley from Piper Sandler reiterated a Buy rating on the stock with a $14 price target. Management, on December 29, noted that it reaffirms the Q4 2025 guidance. BGC Group, Inc. (NASDAQ:BGC) expects revenue in the range of $720 million to $770 million, along with pre-tax adjusted earnings in the range of $152.5 million and $167.5 million. That said, on January 6, the company also announced the completion of the sale of its subsidiary, kACE Financial, to SmartTrade Technologies. The deal is valued at roughly $119 million, including $80 million to be paid as upfront cash at closing and up to $39 million as contingent consideration. BGC Group, Inc. (NASDAQ:BGC) operates as a global marketplace and financial technology company focused on brokerage, trade execution, and data services in energy, commoditi Show less Read more
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