Sabre (NASDAQ:SABR) Announces Quarterly Earnings Results

Sabre (NASDAQ:SABR) issued its quarterly earnings data on Wednesday. The information technology services provider reported ($0.01) EPS for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.06, FiscalAI reports. The company had revenue of $666.53 million for the quarter, compared to analyst estimates of $654.08 million.

Here are the key takeaways from Sabre’s conference call:

• Sabre is repositioning as an AI-native travel platform, citing first-mover advantage with newly launched agentic APIs and an MCP server and announcing partnerships (PayPal, Mindtrip, Virgin Australia) that management says validate a large AI upside not included in current guidance.
• Full?year 2025 results showed progress on profitability and balance sheet repair — revenue $2.8B (+1%), normalized Adjusted EBITDA +10% to $536M, over $1B of debt paid down, pro forma net leverage down ~25% and cash of $910M after refinancing to push major maturities to 2029+.
• 2026 guidance targets mid?single?digit volume and revenue growth but anticipates free cash flow of -$70M, driven mainly by ~$60M of restructuring cash outflows and about $140M of higher cash interest after the PIK instrument ended, with management expecting positive FCF only in 2027.
• Management expects sustained top?line momentum from multiple growth engines — distribution share gains, multi?source content (including a new LCC solution), hotel bookings (+5% to 42M; hotel GTV >$20B), Payments (gross spend +35%), and accelerating NDC adoption (42 live integrations, ~4% of air bookings).
• The company outlined an “inflation offset” program (~$65M of restructuring charges) to keep pro forma technology and SG&A roughly flat via geographic arbitrage, third?party partnerships and AI-driven productivity while preserving R&D and operations; most cash impact is expected in 2026.

Sabre Price Performance

Shares of NASDAQ SABR traded down $0.09 during mid-day trading on Friday, hitting $0.98. The company’s stock had a trading volume of 18,659,851 shares, compared to its average volume of 8,525,237. Sabre has a one year low of $0.90 and a one year high of $4.63. The company’s fifty day simple moving average is $1.29 and its 200-day simple moving average is $1.65. The stock has a market cap of $386.99 million, a price-to-earnings ratio of 0.84 and a beta of 1.06.

Analyst Ratings Changes

A number of research analysts recently commented on SABR shares. Cantor Fitzgerald reissued a “neutral” rating and issued a $2.00 target price on shares of Sabre in a research note on Thursday. Wall Street Zen lowered Sabre from a “hold” rating to a “sell” rating in a research note on Saturday, November 8th. Weiss Ratings restated a “sell (d+)” rating on shares of Sabre in a research report on Monday, December 29th. Finally, Zacks Research upgraded Sabre from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 11th. Two equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, Sabre presently has a consensus rating of “Hold” and a consensus target price of $3.40.

Institutional Trading of Sabre

Several hedge funds have recently added to or reduced their stakes in the business. EP Wealth Advisors LLC bought a new stake in shares of Sabre in the fourth quarter worth $113,000. XTX Topco Ltd increased its stake in Sabre by 196.2% in the 4th quarter. XTX Topco Ltd now owns 190,088 shares of the information technology services provider’s stock valued at $259,000 after buying an additional 125,905 shares during the last quarter. Saba Capital Management L.P. lifted its position in Sabre by 46.7% during the 4th quarter. Saba Capital Management L.P. now owns 8,879,182 shares of the information technology services provider’s stock worth $12,076,000 after buying an additional 2,828,617 shares in the last quarter. CastleKnight Management LP lifted its position in Sabre by 58.0% during the 4th quarter. CastleKnight Management LP now owns 415,340 shares of the information technology services provider’s stock worth $565,000 after buying an additional 152,540 shares in the last quarter. Finally, AQR Capital Management LLC boosted its stake in shares of Sabre by 6.0% during the 4th quarter. AQR Capital Management LLC now owns 1,649,059 shares of the information technology services provider’s stock worth $2,243,000 after buying an additional 93,662 shares during the last quarter. Institutional investors and hedge funds own 89.42% of the company’s stock.

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.