Goldman Sachs cuts Travel + Leisure stock target from USD 87 to USD 78

Published on 10/18/2026 at 13:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Travel + Leisure posted USD 1.06 billion revenue in second quarter 2026. Travel + Leisure stock had USD 4.0 billion market value on October 16, 2026.

Analyst targets and company results

Goldman Sachs lowered its Travel + Leisure target from USD 87 to USD 78 on October 15, 2026.
Second-quarter revenue reached USD 1.06 billion, while adjusted EBITDA came to USD 269 million.
Travel + Leisure had a USD 4.0 billion market capitalization and a USD 59.97-USD 81.00 52-week range as of October 16, 2026.
Travel + Leisure will publish third-quarter results on October 27, 2026.

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Travel + Leisure Co. (ISIN US8941641024) is heading into its third-quarter report after Markets Insider reported on October 15, 2026, that Goldman Sachs analyst Lizzie Dove lowered the target from USD 87 to USD 78 while keeping a Buy rating. The revision puts analyst expectations alongside the company's latest operating figures and its next reporting date.

Targets reset before results

The Goldman Sachs move was not the only recent target change. On October 15, 2026, Markets Insider reported that Susquehanna cut its target from USD 95 to USD 75 and retained a Positive rating, citing consumer-health concerns while highlighting recurring revenue and margin resilience.

Three recent company markers

Travel + Leisure reported USD 1.06 billion of revenue for the quarter ended June 30, 2026, up 4 percent year over year. The same investor-relations update showed gross VOI sales of USD 693 million, adjusted EBITDA of USD 269 million and adjusted diluted earnings per share of USD 1.88, with the company returning USD 125 million to shareholders through dividends and repurchases, according to Travel + Leisure Co.

On October 8, 2026, JPMorgan began coverage with a Neutral rating and a USD 70 target, according to Markets Insider. On October 14, 2026, Travel + Leisure completed a USD 300 million term securitization, an additional financing marker before the results release.

What comes next for earnings

The next dated catalyst is October 27, 2026, when Travel + Leisure will publish third-quarter results before the market opens and hold its conference call at 8:30 a.m. EDT, as stated in the company's release dated September 30, 2026, available from Travel + Leisure Co.. The report will test whether the second-quarter pattern of USD 1.06 billion revenue and USD 269 million adjusted EBITDA continued.

Market context and company scale

Travel + Leisure's market capitalization was USD 4.0 billion as of October 16, 2026. Its 52-week range stood at USD 59.97 to USD 81.00 on that date, while the company's investor-relations profile describes Vacation Ownership and Travel and Membership as its two primary divisions.