Meliá Hotels stock gains 1.29 percent on H1 EBITDA beat

Published on 10/04/2026 at 13:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Meliá Hotels stock was last at EUR 10.23 on October 2, 2026, after a 1.29 percent session gain. First-half EBITDA reached EUR 277 million against a EUR 242 million forecast.

Schwarz-Weiß-Reportagefoto von Hotelpersonal beim Eindecken einer Terrasse — Meliá Hotels International S.A. dokumentarisch in Schwarzweiß: Hotelpersonal deckt Frühstückstisch auf Terrasse, ISIN ES0176252718, Illustration mit AI erstellt.

Meliá Hotels stock (ISIN ES0176252718) was last at EUR 10.23 on BME on October 2, 2026 at 5:35 p.m. CEST, up 1.29 percent. The move followed a first-half operating update in which EBITDA reached EUR 277 million against a EUR 242 million forecast, a 14.52 percent beat.

EBITDA outpaces the forecast

According to Revista Inversion on September 25, 2026, first-half operating revenue was EUR 1.0474 billion, up from EUR 978.0 million in the same period of 2025. That represents growth of 7.1 percent, while EBITDA rose to EUR 247.1 million in the article's operating breakdown.

The financial calendar published by MarketScreener lists EUR 277 million of first-half EBITDA against EUR 242 million expected, while EBIT reached EUR 125 million versus a EUR 113 million estimate. Reported net income was negative at EUR 7.51 million after the company exited Cuba and recognized the related accounting impact.

Consensus leaves measured upside

The published consensus from MarketScreener covers 11 analysts and carries an average Accumulate rating. The average price target is EUR 11.36, with a high of EUR 13.50 and a low of EUR 9.60.

Against the EUR 10.23 BME reference price, the average target lies 11.05 percent above the price. The target range therefore spans both a level below the latest quote and a materially higher upper estimate, making the operating conversion into recurring profit the central valuation question.

Stock remains below yearly high

Meliá Hotels stock stood 18.35 percent below its 52-week high of EUR 12.53 on October 2, 2026, while the 52-week low was EUR 6.74. The session volume was 135,637 shares, and the market capitalization was EUR 2.3 billion.

The first-half figures present a split picture: revenue and operating earnings advanced, but the Cuba exit pushed reported net income into negative territory. For investors, the next checkpoint is whether stronger hotel operations can translate into sustained earnings after that exceptional burden.

Stock snapshot stays constructive

Meliá Hotels stock was last at EUR 10.23 on BME on October 2, 2026 at 5:35 p.m. CEST, with a daily gain of 1.29 percent. The company is listed under ticker MEL.MC and is a constituent of the IBEX 35.