Global Business Travel Group (GBTG) Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Global Business Travel Group in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" GBTG shares.
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6 brokers have issued 12-month target prices for Global Business Travel Group's shares. Their GBTG share price forecasts range from $7.10 to $12.50. On average, they expect the company's stock price to reach $8.68 in the next twelve months. This suggests a possible upside of 22.8% from the stock's current price.
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Global Business Travel Group's stock was trading at $6.75 at the beginning of 2023. Since then, GBTG shares have increased by 4.7% and is now trading at $7.07.
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Global Business Travel Group saw a decrease in short interest during the month of April. As of April 15th, there was short interest totaling 697,600 shares, a decrease of 8.2% from the March 31st total of 759,900 shares. Based on an average trading volume of 81,500 shares, the short-interest ratio is presently 8.6 days. Approximately 2.6% of the company's shares are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023.
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Global Business Travel Group, Inc. (NYSE:GBTG) released its earnings results on Thursday, March, 9th. The company reported ($0.13) EPS for the quarter, topping the consensus estimate of ($0.14) by $0.01. The business earned $527 million during the quarter, compared to analysts' expectations of $505.15 million. Global Business Travel Group had a negative trailing twelve-month return on equity of 2.09% and a negative net margin of 1.30%.

ETFs with the largest weight of Global Business Travel Group (NYSE:GBTG) stock in their portfolio include ETFMG Travel Tech ETF (AWAY).Ballast Small/Mid Cap ETF (MGMT).

Global Business Travel Group issued an update on its second quarter 2023 earnings guidance on Tuesday, May, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $555.00 million-$575.00 million, compared to the consensus revenue estimate of $557.66 million.

Global Business Travel Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "GBTG."

Global Business Travel Group's stock is owned by a variety of retail and institutional investors. Top institutional investors include Apollo Management Holdings L.P. (5.54%), Hudson Bay Capital Management LP (0.20%), ETF Managers Group LLC (0.16%), Balyasny Asset Management L.P. (0.05%), Geode Capital Management LLC (0.04%) and Beaconlight Capital LLC (0.04%). Insiders that own company stock include Eric J Bock, James Peter Bush, Martine Gerow, Paul G Abbott and Vliet Christopher Van.
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Shares of GBTG 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 GBTG stock can currently be purchased for approximately $7.07.

Global Business Travel Group (NYSE:GBTG) has a market capitalization of $3.28 billion and generates $1.85 billion in revenue each year. The company earns $-25,000,000.00 in net income (profit) each year or ($0.62) on an earnings per share basis.

The company employs 19,000 workers across the globe.

Global Business Travel Group's mailing address is 9 WEST 57TH STREET 43RD FLOOR, NEW YORK NY, 10019. The official website for the company is www.apollostrategicgrowthcapital.com. The company can be reached via phone at 480-909-1740 or via email at investor@amexgbt.com.