Business Travel Forecast
Search documents
These Analysts Cut Their Forecasts On Global Business Travel Following Q4 Earnings
Benzinga· 2026-03-10 17:26
Core Viewpoint - Global Business Travel Group Inc reported strong fourth-quarter earnings, exceeding analyst expectations in both earnings per share and sales figures [1] Financial Performance - The company posted quarterly earnings of 15 cents per share, surpassing the analyst consensus estimate of 4 cents per share [1] - Quarterly sales reached $792 million, exceeding the analyst consensus estimate of $789.916 million [1] - For FY2026, Global Business Travel affirmed its sales outlook of $3.235 billion to $3.295 billion [1] Stock Performance - Following the earnings announcement, Global Business Travel shares fell by 3.5%, trading at $5.56 [1] Analyst Ratings and Price Targets - BTIG analyst Jake Fuller maintained a Buy rating on Global Business Travel but lowered the price target from $10 to $9 [3] - Morgan Stanley analyst Toni Kaplan maintained an Equal-Weight rating and reduced the price target from $8 to $7 [3]