Evercore ISI Maintained a Buy Rating on Global Business Travel Group (GBTG)

Global Business Travel Group, Inc. (NYSE:GBTG) is one of the Best Stocks Under $10 With Biggest Upside Potential. On May 7, Duane Pfennigwerth from Evercore ISI maintained a Buy rating on Global Business Travel Group, Inc. (NYSE:GBTG) with a price target of $10.

The reiterated bullish sentiment comes after the company delivered its Q1 2025 results. The company grew its revenue by 2% year over year, reaching $621 million. When adjusting for constant currency and workdays, revenue growth was even stronger at 4%. In addition, the adjusted EBITDA grew 15% year over year to $141 million, showing significant improvement in profitability.

A businessperson enjoying a coffee while planning their next conference meeting.

Management of Global Business Travel Group, Inc. (NYSE:GBTG) noted that the last twelve months’ new win value accelerated to $3.2 billion, with $2.3 billion coming from small and medium-sized enterprises. The company also maintained a high customer retention rate of 96% over the past year, indicating strong customer loyalty and satisfaction.

Looking ahead, Global Business Travel Group, Inc. (NYSE:GBTG) expects Q2 revenue between $615 million and $635 million, with adjusted EBITDA between $125 million and $135 million.

Global Business Travel Group, Inc. (NYSE:GBTG) is a business-to-business (B2B) company that provides technology-enabled software and services to manage corporate travel, expenses, meetings, and events.

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Disclosure: None. This article is originally published at Insider Monkey.