Sabre (SABR) Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sabre in the last year. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" SABR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SABR, but not buy additional shares or sell existing shares.
View SABR analyst ratings or view top-rated stocks.

5 Wall Street analysts have issued 12-month price targets for Sabre's shares. Their SABR share price forecasts range from $3.50 to $6.50. On average, they expect the company's share price to reach $4.75 in the next year. This suggests a possible upside of 48.0% from the stock's current price.
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Sabre's stock was trading at $6.18 at the beginning of 2023. Since then, SABR stock has decreased by 48.1% and is now trading at $3.21.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023.
View our SABR earnings forecast.

Sabre Co. (NASDAQ:SABR) announced its quarterly earnings data on Thursday, May, 4th. The information technology services provider reported ($0.24) EPS for the quarter, beating the consensus estimate of ($0.30) by $0.06. The information technology services provider earned $742.70 million during the quarter, compared to analysts' expectations of $727.68 million.

ETFs with the largest weight of Sabre (NASDAQ:SABR) stock in their portfolio include ETFMG Travel Tech ETF (AWAY), U.S. Global Jets ETF (JETS), Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), Cultivar ETF (CVAR), Syntax Stratified SmallCap ETF (SSLY), First Trust Small Cap Growth AlphaDEX Fund (FYC), Direxion Daily Travel & Vacation Bull 2X Shares (OOTO) and iShares Exponential Technologies ETF (XT).

Sabre updated its second quarter 2023 earnings guidance on Friday, May, 5th. The company provided EPS guidance of for the period. The company issued revenue guidance of $700.00 million-$700.00 million, compared to the consensus revenue estimate of $721.49 million.

409 employees have rated Sabre Chief Executive Officer Sean Menke on Glassdoor.com. Sean Menke has an approval rating of 77% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Sabre investors own include Energy Transfer (ET), Ford Motor (F), AT&T (T), Macy's (M), Oasis Petroleum (OAS), General Electric (GE), Pfizer (PFE), Invesco Mortgage Capital (IVR), Carnival Co. & (CCL) and Coty (COTY).

Sabre trades on the NASDAQ under the ticker symbol "SABR."

Sabre's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Apollo Management Holdings L.P. (4.34%), State Street Corp (3.53%), U S Global Investors Inc. (2.38%), Geode Capital Management LLC (1.92%), Charles Schwab Investment Management Inc. (1.52%) and Deutsche Bank AG (1.28%). Insiders that own company stock include Cem Tanyel, David J Shirk, Gail Mandel, Sean E Menke and Shawn G Williams.
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Shares of SABR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SABR stock can currently be purchased for approximately $3.21.

Sabre (NASDAQ:SABR) has a market capitalization of $1.07 billion and generates $2.54 billion in revenue each year. The information technology services provider earns $-435,450,000.00 in net income (profit) each year or ($1.84) on an earnings per share basis.

The company employs 7,461 workers across the globe.

Sabre's mailing address is 3150 SABRE DRIVE, SOUTHLAKE TX, 76092. The official website for the company is www.sabre.com. The information technology services provider can be reached via phone at (682) 605-1000 or via email at sabre.investorrelations@sabre.com.