GCM Grosvenor stock in focus as GCMG extends earnings rally on buyback boost, analyst target hike
GCM Grosvenor shares rose 0.7% to $11.38 in premarket trading Wednesday after reporting record 2025 fundraising and raising its share repurchase authorization by $35 million. The firm declared a $0.12 dividend and said assets under management climbed 14% to $90.9 billion. Oppenheimer lifted its price target to $24, maintaining an Outperform rating.