Global Business Travel Group, Inc. (GBTG)

NYSE: GBTG · IEX Real-Time Price · USD
6.01
+0.01 (0.17%)
At close: Mar 28, 2024, 4:00 PM
5.84
-0.17 (-2.83%)
After-hours: Mar 28, 2024, 7:56 PM EDT
0.17%
Market Cap 2.84B
Revenue (ttm) 2.29B
Net Income (ttm) -63.00M
Shares Out 472.62M
EPS (ttm) -0.30
PE Ratio n/a
Forward PE 42.26
Dividend n/a
Ex-Dividend Date n/a
Volume 206,926
Open 6.00
Previous Close 6.00
Day's Range 5.85 - 6.05
52-Week Range 4.49 - 8.05
Beta 0.63
Analysts Strong Buy
Price Target 9.00 (+49.75%)
Earnings Date Mar 5, 2024

About GBTG

Global Business Travel Group, Inc. provides business-to-business (B2B) travel platform in the United States and internationally. The company's platform offers a suite of technology-enabled solutions to business travelers and clients; travel content suppliers, such as airlines, hotels, ground transportation, and aggregators; and third-party travel agencies. It also provides consulting, meetings and events planning, and outsourced services. Global Business Travel Group, Inc. is based in New York, New York. [Read more]

Sector Technology
Founded 2014
Employees 19,000
Stock Exchange NYSE
Ticker Symbol GBTG
Full Company Profile

Financial Performance

In 2023, GBTG's revenue was $2.29 billion, an increase of 23.72% compared to the previous year's $1.85 billion. Losses were -$63.00 million, 152.0% more than in 2022.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for GBTG stock is "Strong Buy." The 12-month stock price forecast is $9.0, which is an increase of 49.75% from the latest price.

Price Target
$9.0
(49.75% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

American Express Global Business Travel Reports Strong Fourth Quarter and Full-Year 2023 Financial Results; Introduces 2024 Outlook

NEW YORK--(BUSINESS WIRE)--American Express Global Business Travel Reports Strong Fourth Quarter and Full-Year 2023 Financial Results; Introduces 2024 Outlook.

24 days ago - Business Wire

American Express and American Express Global Business Travel Launch New Integration to Help Streamline Spend Management for Small Businesses

NEW YORK--(BUSINESS WIRE)--American Express (NYSE:AXP), American Express Global Business Travel (NYSE: GBTG): What it is: American Express, a leader in global business payments, and American Express G...

Other symbols: AXP
25 days ago - Business Wire

American Express Global Business Travel to Report Fourth Quarter and Full-Year 2023 Financial Results on March 5, 2024

NEW YORK--(BUSINESS WIRE)--American Express Global Business Travel to Report Fourth Quarter and Full-Year 2023 Financial Results on March 5, 2024.

5 weeks ago - Business Wire

American Express Global Business Travel to Present at the UBS Global Technology Conference on November 28, 2023

NEW YORK--(BUSINESS WIRE)--American Express Global Business Travel to Present at the UBS Global Technology Conference on November 28, 2023.

4 months ago - Business Wire

American Express Global Business Travel Reports Strong Q3 2023 Revenue Growth and Positive Year-to-Date Cash Generation

NEW YORK--(BUSINESS WIRE)--American Express Global Business Travel Reports Strong Q3 2023 Revenue Growth and Positive Year-to-Date Cash Generation.

5 months ago - Business Wire

American Express Global Business Travel to Report Third Quarter 2023 Financial Results on November 7, 2023

NEW YORK--(BUSINESS WIRE)--American Express Global Business Travel to Report Third Quarter 2023 Financial Results on November 7, 2023.

5 months ago - Business Wire

American Express Global Business Travel to Present at Citi's 2023 Global Technology Conference on September 7, 2023

NEW YORK--(BUSINESS WIRE)--American Express Global Business Travel to Present at Citi's 2023 Global Technology Conference on September 7, 2023.

7 months ago - Business Wire

American Express Global Business Travel Reports Record Revenue in Q2 2023 and Raises Guidance

NEW YORK--(BUSINESS WIRE)--American Express Global Business Travel Reports Record Revenue in Q2 2023 and Raises Guidance.

8 months ago - Business Wire

American Express Global Business Travel to Report Second Quarter 2023 Financial Results on August 10, 2023

NEW YORK--(BUSINESS WIRE)--American Express Global Business Travel to Report Second Quarter 2023 Financial Results on August 10, 2023.

8 months ago - Business Wire

American Express Global Business Travel Simplifies Structure to Reduce Compliance Costs

American Express Global Business Travel has begun eliminating its umbrella partnership-C corporate (UP-C) structure. With the series of transactions it has undertaken to do so, all of the company's st...

9 months ago - PYMNTS

American Express Global Business Travel Announces Simplification of Corporate Structure

NEW YORK--(BUSINESS WIRE)--American Express Global Business Travel Announces Simplification of Corporate Structure.

9 months ago - Business Wire

American Express Global Business Travel Expected to Join the Russell 2000® and 3000® Indexes

NEW YORK--(BUSINESS WIRE)--American Express Global Business Travel Expected to Join the Russell 2000® and 3000® Indexes.

11 months ago - Business Wire

American Express Global Business Travel Reports Q1 2023 Financial Results

NEW YORK--(BUSINESS WIRE)--American Express Global Business Travel Reports Q1 2023 Financial Results.

11 months ago - Business Wire

American Express Global Business Travel to Report First Quarter 2023 Financial Results on May 9, 2023

NEW YORK--(BUSINESS WIRE)--American Express Global Business Travel, which is operated by Global Business Travel Group, Inc. (NYSE: GBTG) (“Amex GBT” or the “Company”), the world's leading B2B travel p...

1 year ago - Business Wire

American Express Global Business Travel Reports Q4 and Full-Year 2022 Financial Results

NEW YORK--(BUSINESS WIRE)--American Express Global Business Travel, which is operated by Global Business Travel Group, Inc. (NYSE: GBTG) (“Amex GBT” or the “Company”), the world's leading B2B travel p...

1 year ago - Business Wire

Amex GBT Chief Revenue Officer to step down after 34-year career

NEW YORK--(BUSINESS WIRE)--American Express Global Business Travel (Amex GBT), which is operated by Global Business Travel Group, Inc. (NYSE: GBTG), the world's leading B2B travel platform, today an...

1 year ago - Business Wire

American Express Global Business Travel to Present at Credit Suisse's Technology Conference and Redburn's CEO Conference on November 29-30, 2022

NEW YORK--(BUSINESS WIRE)--American Express Global Business Travel, which is operated by Global Business Travel Group, Inc. (NYSE: GBTG) (“Amex GBT”), the world's leading B2B travel platform, today ...

1 year ago - Business Wire

American Express Global Business Travel Reports Q3 2022 Financial Results and Reiterates Full-Year 2022 Guidance

NEW YORK--(BUSINESS WIRE)--American Express Global Business Travel, which is operated by Global Business Travel Group, Inc. (NYSE: GBTG) (“Amex GBT” or the “Company”), the world's leading B2B travel p...

1 year ago - Business Wire

American Express Global Business Travel to Report Third Quarter 2022 Financial Results on November 10, 2022

NEW YORK--(BUSINESS WIRE)--Global Business Travel Group, Inc. (NYSE: GBTG), operating American Express Global Business Travel (“Amex GBT”), the world's leading B2B travel platform, today announced tha...

1 year ago - Business Wire

American Express Global Business Travel Announces Completion of Exchange Offer and Consent Solicitation and Notice to Exercise Right to Exchange Remaining Outstanding Warrants

NEW YORK--(BUSINESS WIRE)--Global Business Travel Group, Inc. (the “Company” or “Amex GBT”) (NYSE: GBTG), the world's leading B2B travel platform, today announced the completion of its previously anno...

1 year ago - Business Wire

American Express Global Business Travel Announces Expiration and Results of Exchange Offer and Consent Solicitation Relating to Its Warrants

NEW YORK--(BUSINESS WIRE)--Global Business Travel Group, Inc. (the “Company” or “Amex GBT”) (NYSE: GBTG), the world's leading B2B travel platform, today announced the expiration and results of its pre...

1 year ago - Business Wire

American Express Global Business Travel Announces Effectiveness of Registration Statement for Its Exchange Offer and Consent Solicitation Relating to Its Warrants

NEW YORK--(BUSINESS WIRE)--Global Business Travel Group, Inc. (the “Company” or “GBTG”) (NYSE: GBTG), the world's leading B2B travel platform, today announced that the registration statement on Form S...

1 year ago - Business Wire

American Express Global Business Travel Announces Commencement of Exchange Offer and Consent Solicitation Relating to Warrants

NEW YORK--(BUSINESS WIRE)--Global Business Travel Group, Inc. (the “Company” or “GBTG”) (NYSE: GBTG), the world's leading B2B travel platform, today announced that it has commenced an exchange offer (...

1 year ago - Business Wire

American Express Global Business Travel to Present at Citi's 2022 Global Technology Conference on September 7, 2022

NEW YORK--(BUSINESS WIRE)--American Express Global Business Travel (“Amex GBT”) (NYSE: GBTG), the world's leading B2B travel platform, today announced that it will present at Citi's 2022 Global Techno...

1 year ago - Business Wire

American Express Global Business Travel Reports Q2 2022 Financial Results and Raises Full-Year Guidance

NEW YORK--(BUSINESS WIRE)--Global Business Travel Group, Inc. (NYSE: GBTG) (“American Express Global Business Travel”, “Amex GBT” or the “Company”), the world's leading B2B travel platform, today anno...

1 year ago - Business Wire