Hilton Grand Vacations' Price Target Raised to $73 by Mizuho

Tuesday, Jul 22, 2025 6:43 am ET1min read

Mizuho raised Hilton Grand Vacations' price target to $73 from $70 and maintained an Outperform rating. The firm likes the share setup ahead of Q2 earnings, citing the "bull case" around Bluegreen upgrade sales and the second half of 2024 sales force headwinds being behind the company.

Mizuho Securities has raised its price target for Hilton Grand Vacations (HGV) to $73 from $70, maintaining an Outperform rating on the stock. The firm's bullish outlook is driven by the progress of Bluegreen upgrade sales and the resolution of sales force challenges that affected the business in the second half of 2024 [1].

Mizuho believes the Bluegreen upgrade program is "fully underway," noting that the conversion rate of existing owners to the HGV Max portfolio has historically been lower than that of legacy HGV owners. The catalyst for this growth opportunity is the broader and more attractive portfolio under HGV Max, which began showing results in mid-fourth quarter of 2024 [1].

The firm also highlighted an incentive structure for legacy Bluegreen owners, who can convert their ownership to HGV Max on a 1:1 basis upon purchasing MAX points, with the minimum threshold estimated at approximately one week or slightly less [1].

In other recent news, Hilton Grand Vacations reported its first-quarter 2025 earnings, revealing an EPS of $0.09, significantly below the forecasted $0.59, with revenue reaching $1.15 billion, also falling short of the anticipated $1.25 billion. Despite these misses, the company maintained its full-year adjusted EBITDA guidance, signaling confidence in its strategic initiatives and future growth plans [1].

Mizuho's optimistic outlook aligns with the broader Wall Street consensus, with the average target price for Hilton Grand Vacations Inc (HGV) being $49.50, and the estimated GF Value for one year being $69.30 [2]. However, differing views exist among analysts, with Goldman Sachs maintaining a Sell rating at $34 and JMP Securities reiterating its Market Outperform rating despite lowering its adjusted EBITDA estimates for 2025 and 2026 [1].

The company's second-quarter report, scheduled for May 1, 2025, is expected to provide further insights into Hilton Grand Vacations' performance and future prospects [2].

References:
[1] https://www.investing.com/news/analyst-ratings/hilton-grand-vacations-stock-price-target-raised-to-73-by-mizuho-93CH-4143662
[2] https://www.gurufocus.com/news/2990915/hilton-grand-vacations-hgv-price-target-raised-ahead-of-q2-report-hgv-stock-news

Hilton Grand Vacations' Price Target Raised to $73 by Mizuho

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