BTIG Raises GBTG Price Target to $10 Amidst Steady Buy Rating

BTIG analyst Jake Fuller reaffirmed a "Buy" rating for Global Business Travel (GBTG) and raised the price target from $8.00 to $10.00, a 25% increase. This reflects a positive outlook on GBTG's market trajectory. The analyst maintains confidence in the stock's performance, despite underlying market conditions. The latest insights contribute to a broader understanding of the stock's position and potential over the coming periods.

Title: BTIG Raises Price Target for Global Business Travel Group

BTIG analyst Jake Fuller has reaffirmed a "Buy" rating for Global Business Travel Group (GBTG) and raised the price target from $8.00 to $10.00, a 25% increase. This positive outlook reflects the analyst's confidence in GBTG's market trajectory despite the broader economic conditions.

The analyst's decision comes following GBTG's impressive performance, which saw the stock return 15% over the past year. The current trading price of $8.17 indicates a strong momentum, with analysts maintaining a strong consensus with price targets ranging from $7 to $11 [1].

The price target increase follows GBTG's second-quarter earnings report, during which the stock rallied and pushed through BTIG's initial $8 target set in March. The company's financial health is robust, with a healthy current ratio of 1.66 and impressive gross profit margins of 61% [1]. Additionally, the pending acquisition of CWT (Private) is expected to close within the current quarter, adding approximately $13 billion to the company's 2026 total transaction value.

Despite the significant stock movement since early August, BTIG notes that GBTG's valuation remains reasonable on a pro forma basis, trading at approximately 8x 2026 EBITDA compared to the travel industry average of about 10x. The firm calculates that the revised price target of $10.00 represents a multiple of 11x its 2026 EBITDA estimate, which is a premium to the industry average, but would only be 8.5x on a pro forma basis after factoring in the CWT acquisition [1].

In other recent news, American Express Global Business Travel (AmexGBT) reported its financial results for the second quarter of 2025, showing a mixed performance. The company announced earnings per share (EPS) of $0.03, which fell short of the expected $0.08, marking a 62.5% miss. However, revenue slightly exceeded projections, reaching $631 million compared to the anticipated $628.43 million [2].

Analysts and investors are closely watching AmexGBT's financial outcomes, with the company's future performance being a key focus. While earnings did not meet expectations, the revenue figures provided some relief. The company's financial outcomes are being closely watched by market participants.

References

[1] https://www.investing.com/news/analyst-ratings/global-business-travel-group-stock-price-target-raised-to-10-by-btig-93CH-4212443
[2] https://www.investing.com/news/analyst-ratings/shoulder-innovations-stock-initiated-with-buy-rating-by-btig-93CH-4208512