Analysts Set Sabre Corporation (NASDAQ:SABR) Price Target at $1.97

Sabre Corporation (NASDAQ:SABR) has earned an average recommendation of “Reduce” from the six brokerages that are presently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating and five have assigned a hold rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $1.9667.

Separately, Weiss Ratings upgraded Sabre from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, July 2nd.

Sabre Stock Performance

NASDAQ:SABR opened at $2.24 on Friday. Sabre has a 52-week low of $0.81 and a 52-week high of $2.27. The firm has a market cap of $885.49 million, a price-to-earnings ratio of 2.06 and a beta of 0.97. The business’s fifty day moving average is $1.86 and its 200 day moving average is $1.62.

Sabre (NASDAQ:SABR) last issued its quarterly earnings data on Thursday, August 6th. The information technology services provider reported ($0.17) EPS for the quarter, missing the consensus estimate of ($0.04) by ($0.13). The company had revenue of $711.96 million for the quarter, compared to the consensus estimate of $697.40 million. Equities analysts predict that Sabre will post -0.13 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Bank of New York Mellon Corp purchased a new stake in shares of Sabre during the second quarter worth about $4,184,000. GSA Capital Partners LLP bought a new position in Sabre during the 2nd quarter valued at approximately $83,000. Oppenheimer Asset Management Inc. purchased a new stake in Sabre in the 2nd quarter worth approximately $815,000. Bank of America Corp DE lifted its holdings in Sabre by 8.5% in the 1st quarter. Bank of America Corp DE now owns 1,115,316 shares of the information technology services provider’s stock worth $1,617,000 after buying an additional 87,499 shares during the period. Finally, Discerene Group LP grew its position in shares of Sabre by 1.5% in the 1st quarter. Discerene Group LP now owns 39,093,531 shares of the information technology services provider’s stock worth $56,686,000 after buying an additional 569,711 shares during the last quarter. 89.42% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Sabre

Here are the key news stories impacting Sabre this week:

• Positive Sentiment: Revenue exceeded expectations. Sabre reported second-quarter revenue of $711.96 million, above the roughly $697.40 million analyst consensus, indicating continued demand for its travel-technology services. Sabre: Q2 Earnings Snapshot
• Positive Sentiment: Air-distribution bookings surpassed expectations. Better-than-anticipated booking activity supports Sabre’s transaction-based business and suggests solid travel demand during the quarter. Sabre’s air distribution bookings surpass Q2 expectations
• Positive Sentiment: Management maintained an encouraging long-term outlook. Sabre anticipates approximately $600 million of 2026 pro forma adjusted EBITDA, a forecast that may reinforce expectations for improving profitability and cash generation. Sabre anticipates approximately $600 million 2026 EBITDA while increasing AI investment
• Neutral Sentiment: Sabre is increasing investment in artificial intelligence. The spending could strengthen Sabre’s products and competitive position, but near-term benefits and returns remain uncertain. Sabre AI investment and EBITDA outlook
• Negative Sentiment: The earnings loss was wider than expected. Sabre reported a second-quarter loss of $0.17 per share, compared with estimates ranging from a $0.04 to $0.07 loss and a $0.02 loss a year earlier. The result highlights ongoing profitability pressure despite the revenue beat. Sabre Reports Q2 Loss, Beats Revenue Estimates

About Sabre

Sabre Corporation is a leading travel technology company that provides software, data, mobile and distribution solutions to the global travel industry. Through its Sabre travel marketplace, the company operates one of the world’s principal global distribution systems (GDS), connecting travel buyers and suppliers across airlines, hotels, car rental companies and other travel providers. Sabre’s suite of products includes reservation and ticketing systems for travel agencies, comprehensive airline operations and passenger services solutions, as well as hospitality property management and central reservation systems for hotels.

Established in 1960 as a joint venture between American Airlines and IBM, Sabre introduced one of the first computerized airline reservation systems, pioneering the automation of ticketing and inventory control.