Global Business Travel Group (GBTG) Stock Overview
Operates as a technology and services company in the United States, the United Kingdom, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 2/6 |
| Financial Health | 1/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
GBTG Community Fair Values
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Analyst Price Targets
Global Business Travel Group, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$9.40 |
| 52 Week High | US$9.54 |
| 52 Week Low | US$4.96 |
| Beta | 0.93 |
| 1 Month Change | 0.53% |
| 3 Month Change | 67.56% |
| 1 Year Change | 47.57% |
| 3 Year Change | 33.14% |
| 5 Year Change | -3.59% |
| Change since IPO | -2.59% |
Recent News & Updates
Narrative Update • Jul 06
GBTG: Fair Value View Balances Amex Exit And Takeover Execution Risk
Analysts have trimmed their fair value estimate for Global Business Travel Group from $12.00 to $10.00, reflecting a lower assumed revenue growth rate, a more moderate future P/E and recent rating downgrades, partly offset by a slightly higher profit margin outlook and a reduced discount rate. Analyst Commentary Recent Street research around Global Business Travel Group has centered on rating changes and the implications of the American Express transaction, with opinions split on how these developments feed into valuation and execution risk.
Narrative Update • Jun 22
GBTG: Buyout Offer And Downgrades Will Shape Balanced Risk Outlook
Analysts trimmed their price target on Global Business Travel Group to $9.00, citing recent downgrades and a slightly higher assumed discount rate, which is partly offset by modestly stronger revenue growth and profit margin assumptions. Analyst Commentary Recent Street research on Global Business Travel Group highlights a more guarded tone, with several bearish analysts pointing to valuation sensitivity and execution risks despite some supportive headlines around the American Express stake sale.Narrative Update • Jun 06
GBTG: Buyout Offer And 2026 Guidance Will Frame Balanced Risk Profile
Narrative Update on Global Business Travel Group The analyst price target for Global Business Travel Group has been revised from $7.00 to $9.00, as analysts factor in lower discount rates, adjust revenue growth and margin assumptions, and weigh recent target cuts tied to AI related multiple compression, Middle East related uncertainty, and ongoing interest in the company's longer term potential and partnerships such as the American Express stake sale. Analyst Commentary Recent research on Global Business Travel Group shows a mix of cautious and constructive views, with several bearish analysts trimming price targets and citing sector wide pressures.
Narrative Update • May 22
GBTG: AI And 2026 Guidance Will Steady Returns Through Sector Uncertainty
Analysts have nudged the fair value estimate for Global Business Travel Group to $9.50 from $9.27, reflecting revised assumptions for a lower discount rate, slightly softer revenue growth, improved profit margins, and a reduced future P/E multiple in the context of recent price target cuts and AI related uncertainty across the sector. Analyst Commentary Bullish Takeaways Bullish analysts see the current valuation as supported by what they view as favorable risk and reward, pointing to the company's longer term potential despite recent price target cuts.Recent updates
Narrative Update • Jul 06
GBTG: Fair Value View Balances Amex Exit And Takeover Execution Risk
Analysts have trimmed their fair value estimate for Global Business Travel Group from $12.00 to $10.00, reflecting a lower assumed revenue growth rate, a more moderate future P/E and recent rating downgrades, partly offset by a slightly higher profit margin outlook and a reduced discount rate. Analyst Commentary Recent Street research around Global Business Travel Group has centered on rating changes and the implications of the American Express transaction, with opinions split on how these developments feed into valuation and execution risk.Narrative Update • Jun 22
GBTG: Buyout Offer And Downgrades Will Shape Balanced Risk Outlook
Analysts trimmed their price target on Global Business Travel Group to $9.00, citing recent downgrades and a slightly higher assumed discount rate, which is partly offset by modestly stronger revenue growth and profit margin assumptions. Analyst Commentary Recent Street research on Global Business Travel Group highlights a more guarded tone, with several bearish analysts pointing to valuation sensitivity and execution risks despite some supportive headlines around the American Express stake sale.Narrative Update • Jun 06
GBTG: Buyout Offer And 2026 Guidance Will Frame Balanced Risk Profile
Narrative Update on Global Business Travel Group The analyst price target for Global Business Travel Group has been revised from $7.00 to $9.00, as analysts factor in lower discount rates, adjust revenue growth and margin assumptions, and weigh recent target cuts tied to AI related multiple compression, Middle East related uncertainty, and ongoing interest in the company's longer term potential and partnerships such as the American Express stake sale. Analyst Commentary Recent research on Global Business Travel Group shows a mix of cautious and constructive views, with several bearish analysts trimming price targets and citing sector wide pressures.Narrative Update • May 22
GBTG: AI And 2026 Guidance Will Steady Returns Through Sector Uncertainty
Analysts have nudged the fair value estimate for Global Business Travel Group to $9.50 from $9.27, reflecting revised assumptions for a lower discount rate, slightly softer revenue growth, improved profit margins, and a reduced future P/E multiple in the context of recent price target cuts and AI related uncertainty across the sector. Analyst Commentary Bullish Takeaways Bullish analysts see the current valuation as supported by what they view as favorable risk and reward, pointing to the company's longer term potential despite recent price target cuts.Narrative Update • Apr 23
GBTG: AI Execution And 2026 Guidance Will Counter Ongoing Disruption Fears
Narrative Update on Global Business Travel Group The implied analyst price target for Global Business Travel Group has been revised slightly lower to about $9.27 from $9.51, as analysts factor in AI disruption concerns, broader travel sector multiple compression, and limited but acknowledged revenue risk from Middle East conflict, while still pointing to ongoing execution and product development efforts at the company. Analyst Commentary Recent research updates point to a more cautious stance on Global Business Travel Group's valuation, with several price targets trimmed across the board.Narrative Update • Apr 08
GBTG: AI Execution And 2026 Guidance Will Shape Upside Potential
Analysts have trimmed the fair value estimate for Global Business Travel Group from $13.40 to $12.00 amid sector wide multiple compression, concerns over AI disruption, and conflict related headwinds, which have led to lower price targets even as they highlight ongoing execution and long term product plans. Analyst Commentary Recent Street research around Global Business Travel Group reflects a reset in formal price targets, but also a consistent message that execution and long term plans are still central to many bullish analysts' views.Narrative Update • Mar 25
GBTG: AI Execution And 2026 Guidance Will Drive Future Upside
Analysts have trimmed the consolidated price target for Global Business Travel Group by about $1.34 per share to reflect higher discount rates, more cautious assumptions on revenue growth and profit margins, and a higher future P/E multiple amid ongoing AI disruption concerns and industry wide multiple compression. Analyst Commentary Recent Street research on Global Business Travel Group reflects a tighter valuation framework, with several firms trimming price targets while still highlighting areas of execution strength and potential risks that matter for investors tracking the stock.Narrative Update • Mar 11
GBTG: Expanded Buybacks And 2026 Guidance Will Support Bullish Case
Analysts have trimmed their price targets on Global Business Travel Group by about $1 across recent reports, citing tempered fair value assumptions, higher discount rates, concerns about AI disruption, and potential revenue pressure from Middle East travel disruptions and sector wide multiple compression. Analyst Commentary Recent research points to a more cautious setup for Global Business Travel Group, with several firms trimming their price targets while keeping ratings unchanged.Narrative Update • Feb 24
GBTG: Expanded Buybacks And Higher Margin Outlook Will Support Bullish Case
Analysts have adjusted their price target on Global Business Travel Group to $8.00, reflecting updated views on the discount rate, revenue growth, profit margin, and future P/E assumptions. What's in the News From October 1, 2025 to February 17, 2026, Global Business Travel Group repurchased 8,815,006 shares, about 1.68% of its shares, for US$65.75 million under its existing buyback plan (company filing).Narrative Update • Feb 09
GBTG: CWT Integration And Potential Sale Review Will Reshape Earnings Outlook
Analysts have nudged their price target for Global Business Travel Group up by $1 to $8, citing higher adjusted EBITDA forecasts for FY25 and FY26 tied to the CWT acquisition as a key driver of this reassessment. Analyst Commentary Recent Street research points to a more constructive tone around Global Business Travel Group, with bullish analysts adjusting their models following the latest quarterly update and the impact of the CWT acquisition on future earnings power.Analysis Article • Feb 05
Global Business Travel Group, Inc.'s (NYSE:GBTG) Popularity With Investors Under Threat As Stock Sinks 26%
Global Business Travel Group, Inc. ( NYSE:GBTG ) shareholders that were waiting for something to happen have been dealt...Narrative Update • Jan 26
GBTG: CWT Deal And Sale Review Will Recast Future Earnings Profile
Analysts have lifted their price target on Global Business Travel Group to US$8 from US$7, citing higher adjusted EBITDA forecasts related to the CWT acquisition as the main reason for the change. Analyst Commentary Recent research commentary has focused on how the CWT acquisition feeds into Global Business Travel Group's earnings profile and, in turn, its valuation.Narrative Update • Jan 11
GBTG: CWT Acquisition Will Reshape Earnings Power And Sale Prospects
Analysts have raised their price target on Global Business Travel Group from $7 to $8, citing higher fair value estimates and updated EBITDA expectations related to the CWT acquisition as the main factors behind the change. Analyst Commentary Bullish analysts are framing the new US$8 price target as a reflection of higher fair value expectations following the CWT acquisition, rather than a short term trading call.Analysis Article • Jan 03
Is Global Business Travel Group (NYSE:GBTG) Using Too Much Debt?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Narrative Update • Dec 27
GBTG: CWT Integration And Sale Exploration Will Shape Balanced Forward Outlook
Analysts raised their price target on Global Business Travel Group to $8.00 from $7.00, citing expectations for higher future revenue growth and profit margins supported by increased FY25 and FY26 adjusted EBITDA estimates following the CWT acquisition. Analyst Commentary Bearish analysts acknowledge that the higher price target reflects improved earnings power from the CWT acquisition, but remain cautious on the sustainability of growth and the balance of risk and reward at current levels.Narrative Update • Dec 13
GBTG: CWT Integration And Potential Sale Will Drive Future Upside
Analysts have nudged their price target on Global Business Travel Group higher, lifting it by approximately $0.30 per share as they factor in stronger medium term adjusted EBITDA expectations following the CWT acquisition. Analyst Commentary Bullish Takeaways Bullish analysts highlight that the raised price target to $8 reflects increased confidence in the company’s ability to translate the CWT acquisition into higher medium term earnings power.Narrative Update • Nov 28
GBTG: Integration Of CWT Acquisition Will Drive Earnings Momentum
Analysts have raised their price target for Global Business Travel Group from $7.00 to $8.00, citing increased future earnings expectations and the positive impact of a recent acquisition on adjusted EBITDA estimates. Analyst Commentary Following recent earnings and corporate developments, analysts have offered a balanced perspective on Global Business Travel Group’s outlook, considering both positive momentum and areas for caution.Analysis Article • Nov 17
We Think Global Business Travel Group's (NYSE:GBTG) Robust Earnings Are Conservative
Global Business Travel Group, Inc.'s ( NYSE:GBTG ) earnings announcement last week was disappointing for investors...Narrative Update • Nov 14
GBTG: Revenue Outlook Will Improve After Integration Of Recent Acquisitions
Analysts have modestly increased their price target for Global Business Travel Group, raising it from $9.91 to $10.11 per share. This adjustment is attributed to higher revenue growth outlooks and positive changes following recent business acquisitions.Analysis Article • Nov 12
Need To Know: Analysts Are Much More Bullish On Global Business Travel Group, Inc. (NYSE:GBTG) Revenues
Celebrations may be in order for Global Business Travel Group, Inc. ( NYSE:GBTG ) shareholders, with the analysts...Analysis Article • Aug 30
Global Business Travel Group, Inc.'s (NYSE:GBTG) 25% Price Boost Is Out Of Tune With Revenues
Global Business Travel Group, Inc. ( NYSE:GBTG ) shares have continued their recent momentum with a 25% gain in the...Narrative Update • Aug 28
Acquisition And Digital Transformation Will Build Lasting Value
The modest upward revision in Global Business Travel Group’s consensus price target is primarily driven by a slight increase in its forward P/E multiple, with the fair value now at $9.91. What's in the News Raised full-year 2025 earnings and revenue guidance to $2.460-$2.515 billion, up 3% year-over-year.Seeking Alpha • Aug 09
Global Business Travel Group Q2: CWT Acquisition Set To Accelerate Margin Expansion
Summary Global Business Travel Group raised its full-year guidance and continues to demonstrate strong operating leverage, with adjusted EBITDA margins set to expand by 130 basis points this year. The pending acquisition of CWT could add around $75 million in FCF next year, with total FCF of the combined company likely to end up at roughly $295 million. Further acquisition synergies, along with lower interest expenses from deleveraging, support FCF growth in the medium term, even if revenue growth remains muted. Execution risk and high SBC make GBTG stock a hold at 13 times next year's FCF. Read the full article on Seeking AlphaAnalysis Article • Jul 11
Improved Revenues Required Before Global Business Travel Group, Inc. (NYSE:GBTG) Shares Find Their Feet
Global Business Travel Group, Inc.'s ( NYSE:GBTG ) price-to-sales (or "P/S") ratio of 1.3x might make it look like a...New Narrative • May 26
Managed Travel Programs And Digital Automation Will Drive Resilience
Growth is driven by new SME clients, technology investments in automation and AI, and resilience from industry trends favoring integrated travel solutions.Seeking Alpha • Mar 10
Global Business Travel Group Q4: Fairly Priced With A Solid Outlook Ahead
Summary Global Business Travel Group's revenue in Q4 was up 8% year over year, with guidance calling for mid-single digit growth in 2025. I expect earnings and FCF growth to comfortably exceed revenue growth, given the operating leverage in the business. While the UK's CMA has approved the CWT acquisition, the result in the US remains far from certain. With GBTG shares trading at close to 13 times FCF, I am keeping my Hold rating on the stock. Read the full article on Seeking AlphaSeeking Alpha • Nov 28
Global Business Travel Group: Cautious On Valuation Despite Strengthening Profitability
Summary Global Business Travel Group shares have increased by over 40% this year, driven by modest growth and strong profitability in the underlying business. Despite muted revenue growth, margins are expected to rise due to management’s focus on operational efficiencies and operating leverage. The CWT acquisition is currently encountering a regulatory approval hurdle. With a forward P/FCF multiple of 18.2x, I believe the shares are fairly valued and maintain a Hold rating. Read the full article on Seeking AlphaSeeking Alpha • May 11
Global Business Travel Group: Weak Profitability, But CWT Acquisition Looks Promising
Summary FCF generation has been weak despite the business showing strong growth post-pandemic. The CWT acquisition shows a lot of promise but has potential execution risks. The valuation is cheap for this market leader, but the risk-reward is not yet favorable for investors. Read the full article on Seeking AlphaSeeking Alpha • Aug 30
Global Business Travel Group: Buy This Travel Stock On Revenue Growth
Summary Global Business Travel Group is showing strong momentum in revenue growth driven by transactions, TTV, SME, and international customers, and expected improvement in customers from across industries. In Q2-2023, GBTG reported the highest quarterly revenue in its corporate history. Achieved an important milestone by returning to positive free cash flow. Read the full article on Seeking AlphaShareholder Returns
| GBTG | US Hospitality | US Market | |
|---|---|---|---|
| 7D | 0% | -0.2% | -0.7% |
| 1Y | 47.6% | -9.1% | 20.3% |
Return vs Industry: GBTG exceeded the US Hospitality industry which returned -9.1% over the past year.
Return vs Market: GBTG exceeded the US Market which returned 20.3% over the past year.
Price Volatility
| GBTG volatility | |
|---|---|
| GBTG Average Weekly Movement | 16.6% |
| Hospitality Industry Average Movement | 7.7% |
| Market Average Movement | 7.3% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: GBTG's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: GBTG's weekly volatility has increased from 10% to 17% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2014 | 27,000 | Paul Abbott | www.amexglobalbusinesstravel.com |
Global Business Travel Group, Inc. operates as a technology and services company in the United States, the United Kingdom, and internationally. The company offers the Amex GBT marketplace for fares and rates; travel solutions, such as Amex GBT Egencia for businesses needing a configurable digital travel and expense platform; Complete by SAP Concur and Amex GBT, a co-developed travel and expense solution for businesses; and Amex GBT Neo for businesses preferring customizable global travel. It also provides Amex GBT Select for insight and control in travel spend; Amex GBT Ovation for businesses preferring a higher touch travel solution and personalized corporate travel servicing; and CWTSatoTravel for military and government agencies, as well as related organizations subject to government regulations, policies, and programs.
Global Business Travel Group, Inc. Fundamentals Summary
| GBTG fundamental statistics | |
|---|---|
| Market cap | US$4.91b |
| Earnings (TTM) | US$86.00m |
| Revenue (TTM) | US$2.94b |
57.1x
P/E Ratio1.7x
P/S RatioIs GBTG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GBTG income statement (TTM) | |
|---|---|
| Revenue | US$2.94b |
| Cost of Revenue | US$1.20b |
| Gross Profit | US$1.73b |
| Other Expenses | US$1.65b |
| Earnings | US$86.00m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.16 |
| Gross Margin | 59.01% |
| Net Profit Margin | 2.93% |
| Debt/Equity Ratio | 92.7% |
How did GBTG perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/08 21:26 |
| End of Day Share Price | 2026/07/08 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Global Business Travel Group, Inc. is covered by 9 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Nafeesa Gupta | BofA Global Research |
| James Fuller | BTIG |
| Peter Christiansen | Citigroup Inc |