H
Hyatt Hotels Corporation
NYSE: H · CONSUMER CYCLICAL · LODGING
$165.15
+2.08% today
Updated 2026-06-05
Market cap
$18.77B
P/E ratio
—
P/S ratio
5.45x
EPS (TTM)
$-0.34
Dividend yield
0.30%
52W range
$127 – $200
Volume
0.8M
Hyatt Hotels Corporation (H) Financial Forecast & Price Target 2030
Research-backed projections from analyst consensus, management guidance, and sector analysis.
Research-backed H price target 2030 projection accounting for share dilution, balance sheet debt, and time value of money.
Current price
$165.15
Today
Analyst consensus
$187.39
+13.47% · 12M
2030 Base
$348.35
+110.93% future
NPV today
$208.30
@ 12% WACC
23 analysts:
10 Buy6 Hold1 Sell
Management guidance
Hyatt provided FY2026 guidance projecting RevPAR growth of 2.0%-4.0% and Adjusted EBITDA between $1,155M-$1,205M (13-18% growth YoY). Management has not provided explicit revenue targets through 2030, but the Q1 2026 results showed 5.4% comparable RevPAR growth and 5.0% net rooms growth (TTM), with a record pipeline of 151,000 rooms representing 6-7 years of future growth runway.
Sources: Management guidance, analyst consensus, sector analysishigh confidence
H · Hyatt Hotels Corporation · Revenue & price projection · 2023–2030E
Actual / 2030 target Projected revenue Base case price Bull to bear range
Bear case (2030)
$348.35
NPV today: $208.30
Base case (2030)
$348.35
NPV today: $208.30
Bull case (2030)
$655.86
NPV today: $392.19
WallStSmart.com
H financial forecast · Research-backed projections
| Metric | 2025 | 2026 (E) | 2027 (E) | 2028 (E) | 2029 (E) | 2030 (E) ★ |
|---|---|---|---|---|---|---|
| Revenue | $7.2B | $7.7B | $8.6B | $9.9B | $11.3B | $12.8B |
| Revenue growth | 117.0% | 11.3% | 12.9% | 14.5% | 14.0% | 13.7% |
| Net margin | — | 2.1% | 2.4% | 2.8% | 3.0% | 3.2% |
| EPS | $2.17 | $3.85 | $5.10 | $6.75 | $8.25 | $9.85 |
| Diluted shares | — | 41M | 41M | 41M | 42M | 42M |
| Net debt | — | $2.91B | $1.98B | $907.26M | $-314.55M | $-1.70B |
| P/S multiple | — | 1.0x | 1.0x | 1.0x | 1.0x | 1.0x |
| Implied price (base) | — | $114.96 | $161.23 | $216.76 | $278.94 | $348.35 |
★ 2030E is the model's terminal target year. Implied price = (Revenue × P/S − Net debt) ÷ Diluted shares.
Scenario detail · Three drivers, three outcomes
| 2030E driver | Bear | Base | Bull |
|---|---|---|---|
| Revenue | $12.8B | $12.8B | $12.8B |
| P/S multiple | 1.0x | 1.0x | 2.0x |
| Diluted shares | 42M | 42M | 42M |
| Net debt | $-1.70B | $-1.70B | $-1.70B |
| Implied P/E † | 35x | 35x | 67x |
| 2030 Price | $348.35 | $348.35 | $655.86 |
| NPV @ 12% | $208.30 | $208.30 | $392.19 |
† Implied P/E: Multiples remain elevated across all three scenarios because H is valued primarily on revenue scale during its growth phase, not near-term earnings power. Lower P/E in the bear case reflects multiple compression, but the absolute level stays high since 2030E still represents a hypergrowth-to-mature transition year.
EV to per-share bridge · How we get to $348.35 base case
H catalysts and risks
Growth catalysts
+ Record development pipeline of 151,000 rooms (6-7 years of growth visibility) with 94% executed contracts providing contracted revenue visibility
+ Luxury and all-inclusive segments driving outperformance with 7.4% Net Package RevPAR growth in Q1 2026; pricing power evident despite macro headwinds
+ Fee-based business model delivers high-margin, scalable growth: gross fees up 8.6% YoY in Q1 2026, with limited capex requirements enabling 13-18% EBITDA growth
+ $1.4B shelf registration filed providing financial flexibility for acquisitions, debt refinancing, or strategic growth initiatives
+ International expansion accelerating with new markets (Niagara Falls, Mexico, Middle East) despite regional softness in Mexico/Middle East
+ Capital returns program ($325-375M planned for 2026) signaling management confidence in cash generation and valuation floor
Key risks
- Macroeconomic sensitivity: consumer discretionary travel demand vulnerable to recession, rising interest rates, or employment deterioration
- Geopolitical headwinds: Middle East and Mexico weakness cited in Q1 2026; ongoing security concerns could persist and impact luxury travel demand
- Labor cost inflation: hospitality sector facing sustained wage pressure that could compress margins despite pricing power
- Interest rate environment: higher rates could depress corporate travel and convention demand; rising debt service costs if refinancing needed
- High leverage: net debt ~$4.9B with Debt/Equity of 1.40 limits financial flexibility; any revenue shortfall could trigger covenant concerns
- Execution risk on pipeline: 151,000-room pipeline conversion dependent on franchisee capex cycles and real estate market conditions; development delays possible
- Competition intensifying: peers (MAR, IHG, WH) also expanding luxury/all-inclusive segments; margin compression risk if pricing power deteriorates
Methodology · Hyatt Hotels Corporation 2030 stock forecast model
Hyatt Hotels Corporation 2030 price target is calculated using WallStSmart's research model. Revenue projections are derived from analyst consensus across 23 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts. The model is built on five core components:
| 1. Share dilution | Projected from per-ticker schedule of SBC + equity raise activity, compounding year by year (2% cumulative for H by 2030) |
| 2. Net debt | EV minus net debt yields equity value; debt projected from capex cycle trajectory ($-1.70B by 2030) |
| 3. Time value | NPV calculated using 12% WACC (CAPM: beta 1.33) |
| 4. Multiple framework | P/S compresses with scale: bear 1.0x / base 1.0x / bull 2.0x |
| 5. Scenario design | Bull/Base/Bear vary revenue, margin, shares, debt, and multiple independently |
WallStSmart research model · Not financial advice · Past performance is not indicative of future results · Last researched: May 21, 2026.
H price target FAQ
What is the H price target for 2030?
WallStSmart's Hyatt Hotels Corporation 2030 base case is $348.35 per share, with a bull case of $655.86 and bear case of $348.35. The NPV of the base case discounted to today at 12% WACC is $208.30.
How is the Hyatt Hotels Corporation 2030 stock forecast calculated?
The H 2030 projection multiplies projected revenue by a growth-adjusted P/S multiple to derive enterprise value, subtracts projected net debt to get equity value, then divides by diluted shares outstanding accounting for dilution from stock-based compensation and equity raises.
Why does the H price target account for dilution?
Hyatt Hotels Corporation is projected to grow diluted share count from 41M to 42M by 2030 (a 2% increase) through stock-based compensation and capital raises. Ignoring this would inflate the price target by approximately 2%.
What is the analyst consensus on H stock?
23 analysts cover H with an average 12-month price target of $187.39. The 2030 projection extends this framework with longer-horizon assumptions including dilution and time value of money.