GLOBAL BUSINESS TRAVEL GROUP INC A (GBTG)
Consumer Discretionary · Travel technology and services · NYSE
Global Business Travel Group is a leading provider of comprehensive corporate travel management software and services for business enterprises globally.
What GLOBAL BUSINESS TRAVEL GROUP INC A does
Global Business Travel Group provides travel management services, including booking platforms, expense management tools, and travel-related consultancy, for corporate clients worldwide. The company operates an integrated platform that manages corporate travel programs, traveler safety, and travel policy compliance. It supports businesses in optimizing travel spending and provides travel support services to corporate employees.
Themes: corporate travel management, business travel technology, travel booking and expense management, traveler safety and compliance
Fundamentals
- Price$9.45 as of 2026-08-21 close
- Market cap$4.9B as of 2026-08-21
- 1-year return+18.4% 2025-08-21 close $7.98 → 2026-08-21 close $9.45
- P/E56.16 as of 2026-08-24
- Net margin+2.8% as of 2026-08-24
- Gross margin+58.5% as of 2026-08-24
- ROE+5.5% as of 2026-08-24
- Debt / equity0.92 as of 2026-08-24
- Revenue growth (YoY)+30.2% as of 2026-08-24
- Revenue CAGR (3y)+13.7% SEC XBRL
- Beta0.97 as of 2026-08-24
- Last reported earnings2026-08-04 SEC EDGAR Form 8-K (Item 2.02)
How GBTG compares in its sector
- price-to-earnings ratiotop 10% 266 covered Consumer Discretionary peers, as of 2026-08-24
- net profit marginmiddle range 334 covered Consumer Discretionary peers, as of 2026-08-24
- operating marginmiddle range 334 covered Consumer Discretionary peers, as of 2026-08-24
- gross margintop 25% 331 covered Consumer Discretionary peers, as of 2026-08-24
- return on equitymiddle range 334 covered Consumer Discretionary peers, as of 2026-08-24
- 3-year revenue CAGRtop 25% 325 covered Consumer Discretionary peers
- free cash flow (absolute dollars, latest fiscal year)middle range 311 covered Consumer Discretionary peers, as of FY2025
Position among covered Consumer Discretionary companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Top 10 scores & list membership
GBTG is not currently in any published Top 10 list. Its scores are below.
Long-term score
Not scored for the long-term list: no shareholder return data.
Short-term score
58.3 #308 of 1,704 scored · #36 of 186 in Consumer Discretionary
Volume and participation 98th: trading volume is running unusually high — about 2.1× its 30-day average, a sign of heightened interest; trend 60th: a strong uptrend, with buyers in control; weakest is momentum 40th: MACD momentum is negative.
Scores as of 21 Aug 2026. Each bar is a percentile: how this company ranked against every company the score ranked, 0–100. A list is a published formula and its output, not a recommendation. Method version 2.
How GLOBAL BUSINESS TRAVEL GROUP INC A looks technically
GLOBAL BUSINESS TRAVEL GROUP INC A (GBTG) is trading 23.0% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed above its 200-day average about 52 trading days ago — a "golden cross", a bullish long-term signal. A strong uptrend is in place — ADX, a 0–100 trend-strength gauge, is 61, with buyers in control. Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 62, neither overbought (above 70) nor oversold (below 30). It made a new 20-day high about 11 trading days ago. It is 1.6% below its all-time high. Trading volume is running unusually high — about 2.1× its 30-day average, a sign of heightened interest.
Trend
8
| Distance from the 200-day | it is trading 23.0% above its 200-day average, the long-term trend line — a longer-term uptrend | +23.0% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $9.41 | $9.41 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $7.68 | $7.68 |
| Swing structure | each recent peak has been higher than the one before it and each dip has been shallower — the pattern chart-watchers call an uptrend, which describes where price has already been and not where it goes next | higher highs and higher lows |
| Last swing turn | its last significant turn was a swing high 108 calendar days ago — the swings before that are what the structure reading is measured on | 108 sessions |
| Wave structure | its recent swings can be read as a five-part upward sequence — what Elliott-wave chartists call an impulse — now in the fourth leg, a pullback against that upward direction; the labelling fails if price closes below 6.295. It is one of several labellings that fit, and it describes the swings already printed, not what comes next. The same swings also read as a completed three-part correction. | possible upward five-wave sequence, in wave 4 (one of several readings) |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 52 trading days ago — a "golden cross", a bullish long-term signal | 52 sessions |
| Trend strength (14-day ADX) | a strong uptrend is in place — ADX, a 0–100 trend-strength gauge, is 61, with buyers in control | 61.1 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 62, neither overbought (above 70) nor oversold (below 30) | 61.9 |
|---|---|---|
| Position in its 14-day range | it is trading in the lower half of its 14-day range ($9.42 to $9.49) — its "stochastic" reading is 43 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been slipping within that range over the last few sessions. Read that with care: its whole 14-day range is only about 0.7% of the price, so being at one end of it is a smaller move than it sounds — a company pinned near an agreed takeover price does this. | 42.9 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, is in negative territory (momentum leaning bearish) | 60 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $9.54 | $9.54 |
|---|---|---|
| From the 52-week high | it is 0.9% below its 52-week high (its highest price of the past year) | -0.9% |
| Above the 52-week low | it is 90.7% above its 52-week low (its lowest price of the past year) | +90.7% |
| Below the 52-week high | it is at or near its highest point of the past year | 0.9% |
| Since a 20-day breakout | it made a new 20-day high about 11 trading days ago | 11 sessions |
| Since a 55-day breakout | it made a new 55-day high about 57 trading days ago | 57 sessions |
| All-time high | its highest closing price on record is $9.60 (set on 2024-11-25) | $9.60 |
| Given back of the 52-week move | over the past year its closes ranged ($4.97 to $9.51), and it has given back essentially none of its rise from last year’s low — 1% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $6.56 to $6.70. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 1.3% |
| From the all-time high | it is 1.6% below its all-time high | -1.6% |
| Nearest price level | it is sitting right on a resistance level at $9.48 — a price it turned at 9 times since 2024-11-25, most recently on 2026-06-17. Since 2024-08-21 it has 14 such levels below the current price and 1 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | +0.4% |
| All-time low | its lowest closing price on record is $4.26 (set on 2022-11-17) | $4.26 |
| Above the all-time low | it is 121.8% above its all-time low | +121.8% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are narrower than usual versus its own recent 6-month history (tighter than about 87% of it) | 13th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.0251 between its high and its low — about 0.3% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.0251 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $9.41 and $9.47 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $9.41 – $9.44 – $9.47 |
| Typical daily range (% of price) | its price moves about 0.3% in a typical session — among the calmest in the catalog. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 0.3% |
| Stretch from the 200-day average | it is trading 70.6 daily ranges above its 200-day average price (23.0% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale. Read that multiple with care: this company's daily range is unusually small (about 0.3% of its price), which is what makes the multiple large — a stock trading in a narrow band near a takeover price does this | 70.6 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is running unusually high — about 2.1× its 30-day average, a sign of heightened interest | 2.14× |
|---|
Analyst
2
| Change in the average price target | analysts' average price target is unchanged from the prior reading | 0.0% |
|---|---|---|
| Change in the consensus rating | not available for this company yet | n/a |
Candlestick patterns
2
| Since a doji | 2 sessions ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 2 sessions ago |
|---|---|---|
| Since a bearish engulfing | today it opened above the previous session's close and finished below that session's open — a "bearish engulfing" pair, where one down day more than undid the up day before it | today |
Price gaps
1
| Gap at the open | it opened on 2026-08-21 0.1% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | +0.1% |
|---|
Price streaks
1
| Closing streak | it closed lower in its latest session, after a session that did not close lower — a single down day rather than a run | 1 session down |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 1.9 percentage points (the stock gained 0.4% while the market gained 2.3%) | -1.9% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 2.9 percentage points (the stock gained 0.2% while the market gained 3.1%) | -2.9% |
| vs market, 6 months | over the past 6 months this stock beat the market by 63.0 percentage points (the stock gained 74.0% while the market gained 11.1%) | +63.0% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 2.1 percentage points (the stock gained 18.4% while the market gained 20.5%) | -2.1% |
Signal agreement
2
| Bullish technical signals | 5 of the 9 technical signals we can compute for it are currently in a bullish state: a strong uptrend, with buyers in control, a "golden cross" — its 50-day average is above its 200-day, trading above its 200-day average, outperforming the market over 6 months, trading above the Ichimoku cloud — these describe past price behaviour, not a forecast | 5 of 9 |
|---|---|---|
| Bearish technical signals | 1 of the 9 technical signals we can compute for it is currently in a bearish state: MACD momentum is negative — these describe past price behaviour, not a forecast | 1 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 0.5% above the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-16 and projected forward over today's price, the side traders read as an established uptrend, with the band below acting as the level that would have to give way. The band itself is thick, spanning 19.1% of the share price, which is taken to mean a barrier that has held for a while and takes effort to cross. | +0.5% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 13% above the average price paid so far this year, so the typical buyer over that stretch is showing a gain. That average is $8.36 — a volume-weighted average of daily closes over 155 sessions, not a true tick-by-tick VWAP. | +13.0% |
|---|---|---|
| Vs the average paid since it last reported | the price is sitting right on the average price paid since it last reported on 2026-08-04 (its 10-Q), so the typical buyer over that stretch is roughly break-even. That average is $9.44 — a volume-weighted average of daily closes over 14 sessions, not a true tick-by-tick VWAP. | +0.1% |
Price levels it has turned at before
GBTG last closed at $9.45 on 2026-08-21. Since 2024-08-21 it has turned at 14 prices below its last close and 1 above; the 3 nearest below and the nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $9.48 | Resistance | 0.4% above the last close | turned there 9 times · 2024-11-25 to 2026-06-17 |
| $8.70 | Support | 8.0% below the last close | turned there twice · 2025-03-03 to 2025-11-10 |
| $8.49 | Support | 10.2% below the last close | turned there three times · 2025-01-13 to 2025-09-17 |
| $8.30 | Support | 12.1% below the last close | turned there four times · 2025-08-29 to 2026-01-06 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a five-part upward sequence — what Elliott-wave chartists call an impulse — now in leg 4 of five, a pullback against that direction.
This labelling fails — stops being a possible reading at all — if it closes below $6.29.
This is one of several labellings that fit the same swings, so treat it as a reading rather than the reading. It was chosen from 2 labellings that survived the rules, counting shorter readings of the same bars.
On past moves of this shape the leg has usually ended somewhere between $7.58 and $8.61 — that is where it has tended to end if the count holds, not a forecast of where the price goes.
Alternate reading: The same swings also read as a completed three-part correction, which fails on a close above $9.54.
This labelling was already in place when we began recording count changes on 2026-08-13, so how long it has stood is not something we can say yet.
Read from daily closes as of 2026-08-21.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading above the 200-day moving average · Near the 52-week high · Unusually heavy trading volume · in a strong, established uptrend (ADX) · Near the all-time high · beating the market | Learn: moving average · golden cross · adx · rsi · breakout · all time high · volume and relative volume
Based on daily closing prices as of 2026-08-21. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Mean price target$9.75 range $9.50 – $10.00
Analyst estimates, as of 2026-08-21. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for GBTG
- Consensus EPS estimate$0.1221 next reporting period, as of 2026-08-04
Change over time is not available yet: it needs two readings of the same reporting period at least 30 days apart, and we have been recording these estimates since 2026-08-04. An estimate for a DIFFERENT quarter is not a revision, so a reading from before the last report is never compared with one after it.
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Sensitivity to travel industry fluctuations and geopolitical instability","Reliance on effective integration of technology platforms and partnerships","Exposure to foreign currency exchange rate volatility"]
What changed in the latest 10-Q
AI-assisted comparison of GBTG's 10-Q filed 2026-05-11 against the prior one filed 2025-11-10.
Management's Discussion & Analysis (MD&A)
- Added:
- Added reference to 'tensions between China and Taiwan and military operations in Venezuela' in geopolitical conflicts risk factor (filed 2026-05-11)
- Added bullet points addressing 'proposed Merger' risks including ability to complete on anticipated terms, disruptions to business relationships, diversion of management time, contractual provisions limiting business opportunities, and occurrence of events giving rise to termination (filed 2026-05-11)
- Added reference to Annual Report on Form 10-K for year ended December 31, 2025 filed March 9, 2026 (filed 2026-05-11)
- Added description of company as 'operated by Global Business Travel Group, Inc., a Delaware corporation' with 'AI-powered efficiencies' branding (filed 2026-05-11)
- Added detailed 'We serve' and 'We offer' section with client/supplier descriptions and marketplace details (filed 2026-05-11)
- Removed:
- Removed 'the impact of the federal government shutdown that began in October 2025' risk factor (filed 2025-11-10)
- Removed reference to 'customers' and replaced with 'clients' throughout risk factors section (filed 2025-11-10)
- Removed reference to 'the Merger' with specific notation of CWT Holdings, LLC designation in risk factor text (filed 2025-11-10)
- Removed risk factor language 'risks related to the business of CWT or unexpected liabilities that arise in connection with the transaction or the integration of CWT' - simplified to 'risks related to the business of CWT or unexpected liabilities that arise in connection with the integration of CWT into our business' (filed 2025-11-10)
- Removed 'as well as other risks and uncertainties detailed from time to time in our subsequent filings with the SEC' closing language (filed 2025-11-10)
- Removed 'Merger of CWT' section describing September 2, 2025 completion of CWT acquisition (filed 2025-11-10)
- Removed 'Macroeconomic conditions and trends' section discussing transaction growth, macro-economic uncertainties, and volatility (filed 2025-11-10)
- Removed detailed company overview describing 'choice of software solutions,' 'Network Partners,' Egencia/Neo1/Neo/Select/Ovation solutions, and 'GBT Partner Solutions' program (filed 2025-11-10)
- Reworded:
- Changed 'customers' to 'clients' in ability to maintain relationships risk factor (filed 2026-05-11)
- Changed geopolitical conflicts risk factor from 'the war in Ukraine and the conflicts in the Middle East' to include 'the war in Ukraine, the conflicts in the Middle East, tensions between China and Taiwan and military operations in Venezuela' (filed 2026-05-11)
- Changed merger language from past tense 'merger (the "Merger") with CWT Holdings, LLC. ("CWT")' to present/ongoing 'merger with CWT' with focus on 'proposed Merger' completion risks (filed 2026-05-11)
- Changed Company description from operational focus to brand identity: 'American Express Global Business Travel, operated by Global Business Travel Group, Inc.' with emphasis on 'AI-powered efficiencies' (filed 2026-05-11)
- Changed Annual Report reference from 'year ended December 31, 2024 filed with the SEC on March 7, 2025' to 'year ended December 31, 2025 filed with the SEC on March 9, 2026' (filed 2026-05-11)
- Notes:
- Older filing section appears truncated at 'Key Fac', limiting full assessment of Overview section completeness
- The two filings compare periods ended March 31, 2026 (newer) vs September 30, 2025 (older), representing different fiscal quarters
- Substantial restructuring of content suggests either material business changes (merger completion, shift to proposed merger language) or editorial reorganization between filings
Risk Factors
The two filings could not be meaningfully compared for this section.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
0 open-market purchases and 15 open-market sales by insiders in the last 90 days.
- Last 30 days0 buys · 3 sells ($7M) — 2 selling insiders
- Last 90 days0 buys · 15 sells ($31M) — 6 selling insiders
- Last 180 days0 buys · 16 sells ($32M) — 7 selling insiders
Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-08-06. As of 2026-08-25.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about GBTG's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
4 institutional 13F filers reported holding GBTG as of 2026-03-31 (quarter-end position, filed within 45 days).
- Distinct 13F filers 4
- Reported shares held 52,379,347
- Reported value $292,276,758
reported quarterly holdings change (2025-12-31 → 2026-03-31): 0 new, 2 increased, 2 decreased, 1 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Short interest (FINRA)
GBTG had 5,993,076 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
GBTG had 1.15% of its shares outstanding sold short as of the 2026-07-31 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 4.48 days to cover at the same settlement.
- Reported short interest (shares) 5,993,076
- Short interest (% of shares outstanding) 1.15%
- Prior settlement (shares) 5,710,046
- Reported change 4.96%
- Days to cover (reported) 4.48
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- American Express (AXP)
- Expedia Group (EXPE)
- Booking Holdings (BKNG)
- CWT
- BCD Travel
- TripActions (Navan)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Compare GBTG vs…
Frequently asked questions
What does GLOBAL BUSINESS TRAVEL GROUP INC A (GBTG) do?
Global Business Travel Group provides travel management services, including booking platforms, expense management tools, and travel-related consultancy, for corporate clients worldwide. The company operates an integrated platform that manages corporate travel programs, traveler safety, and travel policy compliance. It supports businesses in optimizing travel spending and provides travel support services to corporate employees.
What sector is GLOBAL BUSINESS TRAVEL GROUP INC A (GBTG) in?
GLOBAL BUSINESS TRAVEL GROUP INC A (GBTG) is classified in the Consumer Discretionary sector. Its industry is Travel technology and services. It trades on NYSE.
Who are GLOBAL BUSINESS TRAVEL GROUP INC A's (GBTG) competitors?
Notable peers of GLOBAL BUSINESS TRAVEL GROUP INC A (GBTG) include American Express, Expedia Group, Booking Holdings, CWT and BCD Travel. This peer set is informational only — not financial advice.
Is GLOBAL BUSINESS TRAVEL GROUP INC A (GBTG) overbought or oversold right now?
GLOBAL BUSINESS TRAVEL GROUP INC A (GBTG) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 62, in the neutral middle (as of 2026-08-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on GBTG come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.