1. Colliers International Group Inc. (NASDAQ:CIGI)
Potential upside: 42.30%
Number of Hedge Fund Holders: 23
On February 4, 2026, Raymond James upgraded Colliers International Group Inc. (NASDAQ:CIGI) to Strong Buy from Outperform and raised its price target to $200 from $195. The firm pointed to Colliers’ agreement to acquire Ayesa Engineering for approximately $700 million in cash, a deal expected to close in the second quarter of 2026. The acquisition is projected to be roughly 5% accretive to adjusted EPS and expands Colliers’ engineering and project management capabilities across transportation, water, buildings, and energy, while strengthening its position in Europe for further complementary acquisitions.
Colliers International Group Inc. (NASDAQ:CIGI) announced on February 3, 2026, that it had entered into a definitive agreement to acquire Ayesa Engineering, the engineering division of Ayesa Inversiones. Ayesa, headquartered in Seville, Spain, employs more than 3,200 professionals across 21 countries and generated approximately $370 million in gross revenues in 2025. Following the transaction, Colliers Engineering is expected to operate in 23 countries with nearly 14,000 professionals, spanning Property & Buildings, Infrastructure & Transportation, Water, and Environmental markets. Ayesa will continue operating under its current brand, and its leadership team will retain significant equity under Colliers’ partnership model.
Separately, on February 4, 2026, Colliers’ U.S. Engineering division acquired Ramos Consulting Services, a California-based firm focused on program management, construction management, and engineering services for major public transit projects.
Colliers International Group Inc. (NASDAQ:CIGI) provides commercial real estate services to corporate and institutional clients across North America, Europe, Australia, the United Kingdom, Poland, China, India, and other international markets.
While we acknowledge the potential of CIGI to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CIGI and that has 100x upside potential, check out our report about this cheapest AI stock.
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