IHG
InterContinental Hotels Group PLC ADR
NYSE: IHG · CONSUMER CYCLICAL · LODGING
$148.23
+1.02% today
Updated 2026-06-05
Market cap
$24.79B
P/E ratio
34.39
P/S ratio
4.78x
EPS (TTM)
$4.86
Dividend yield
1.10%
52W range
$108 – $168
Volume
0.2M
InterContinental Hotels Group PLC ADR (IHG) Financial Forecast & Price Target 2030
Research-backed projections from analyst consensus, management guidance, and sector analysis.
Research-backed IHG price target 2030 projection accounting for share dilution, balance sheet debt, and time value of money.
Current price
$148.23
Today
Analyst consensus
$5,700.00
+3745.38% · 12M
2030 Base
—
— future
NPV today
—
@ — WACC
23 analysts:
1 Buy1 Hold3 Sell
Management guidance
No explicit CEO revenue targets for 2026-2030 found in available data. Recent earnings (Feb 2026) show 2025 revenue of $5.19B with 5.4% growth. Management emphasizes strategic expansion in India (89 hotels in development), Greater China with new Garner brand launch, and North America Holiday Inn growth (150 new properties planned globally in 2026, 40% in major US markets). Guidance implies mid-single-digit to low double-digit growth trajectory sustained by conversion-friendly portfolio and geographic expansion.
Sources: Management guidance, analyst consensus, sector analysishigh confidence
IHG · InterContinental Hotels Group PLC ADR · Revenue & price projection · 2023–2030E
Actual / 2030 target Projected revenue Base case price Bull to bear range
Bear case (2030)
—
NPV today: —
Base case (2030)
—
NPV today: —
Bull case (2030)
—
NPV today: —
WallStSmart.com
IHG financial forecast · Research-backed projections
| Metric | 2025 | 2026 (E) | 2027 (E) | 2028 (E) | 2029 (E) | 2030 (E) ★ |
|---|---|---|---|---|---|---|
| Revenue | $5.2B | $5.7B | $6.0B | $6.4B | $6.9B | $7.4B |
| Revenue growth | 5.4% | 9.5% | 5.6% | 7.0% | 7.2% | 7.3% |
| Net margin | — | — | — | — | — | — |
| EPS | $5.02 | $5.84 | $6.58 | $7.20 | $7.85 | $8.55 |
| Diluted shares | — | — | — | — | — | — |
| Net debt | — | — | — | — | — | — |
| P/S multiple | — | 2.0x | 2.0x | 2.0x | 2.0x | 2.0x |
| Implied price (base) | — | $458.52 | $485.50 | $525.95 | $552.93 | $593.38 |
★ 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 | $7.4B | $7.4B | $7.4B |
| P/S multiple | 1.0x | 2.0x | 4.0x |
| Diluted shares | 0M | 0M | 0M |
| Net debt | — | — | — |
| Implied P/E † | — | — | — |
| 2030 Price | $— | $— | $— |
| NPV @ — | $— | $— | $— |
† Implied P/E: Multiples remain elevated across all three scenarios because IHG 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 $— base case
IHG catalysts and risks
Growth catalysts
+ Continued Asia-Pacific expansion: 89 hotels in development in India alone; Garner brand launch in Greater China targeting conversion market with strong early traction
+ North America Holiday Inn strategic growth: 150 new global properties planned for 2026 (40% in major US urban centers), leveraging recovering business/leisure travel and extended-stay trends
+ Portfolio diversification: 14 brands now operating, new brand launches, and flexible conversion model driving developer interest and recurring management fee revenue
+ Share buybacks: Aggressive repurchase program reducing share count from ~155M to ~150M, providing EPS accretion
+ Business travel ecosystem revival: Recovery of corporate travel post-pandemic with digital tools (WeChat mini-programs, IHG One Rewards, BUSINESS REWARDS) driving B2B commercial engines
Key risks
- Economic sensitivity: Consumer cyclical lodging sector vulnerable to recession; 2026 US market weakness already evident in recent results
- Competitive pressure: Marriott ($6.98B revenue), Hilton ($4.95B), and others competing aggressively on conversions and new openings
- Geopolitical/macro headwinds: Asia expansion depends on stable growth in China, India; currency fluctuations impact international revenue
- Execution risk: Rapid expansion (150 new properties) requires capital deployment, developer partnerships, and operational scaling
- Pricing power constraints: Rising costs amid potential consumer spending slowdown may pressure margins and RevPAR growth
Methodology · InterContinental Hotels Group PLC ADR 2030 stock forecast model
InterContinental Hotels Group PLC ADR 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 (-100% cumulative for IHG by 2030) |
| 2. Net debt | EV minus net debt yields equity value; debt projected from capex cycle trajectory (— by 2030) |
| 3. Time value | NPV calculated using — WACC (sector fallback) |
| 4. Multiple framework | P/S compresses with scale: bear 1.0x / base 2.0x / bull 4.0x |
| 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: April 7, 2026.
IHG price target FAQ
How is the InterContinental Hotels Group PLC ADR 2030 stock forecast calculated?
The IHG 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.
What is the analyst consensus on IHG stock?
23 analysts cover IHG with an average 12-month price target of $5,700.00. The 2030 projection extends this framework with longer-horizon assumptions including dilution and time value of money.