Marriott Analysts Slash Their Forecasts After Q2 Results

Marriott International Inc. (NASDAQ:MAR) on Monday reported mixed second-quarter 2026 results.

Adjusted earnings were $3.19 per share, up from $2.65 a year earlier and above the analyst estimate of $3.09. Revenue increased 5% year over year to $7.07 billion but missed the consensus estimate of $7.20 billion. Reported diluted earnings per share rose to $2.90 from $2.78.

Marriott forecast third-quarter adjusted earnings of $2.74 to $2.82 per share, below the analyst consensus estimate of $2.87. The company raised its full-year adjusted EPS guidance to a range of $11.64 to $11.81 from its prior outlook of $11.38 to $11.63. The updated range brackets the consensus estimate of $11.64.

Anthony Capuano, President and Chief Executive Officer, said, “We delivered another quarter of excellent results, reflecting strong travel demand, the power of our brands, and sustained development momentum. Global RevPAR increased 3.4 percent in the second quarter, with continued ADR strength. In the U.S. & Canada, RevPAR rose 5 percent, driven by broad-based increases across chain scales and customer segments.”

Marriott shares fell 0.5% to $345.20 in pre-market trading.

These analysts made changes to their price targets on Marriott following earnings announcement.

• Baird analyst Michael Bellisario maintained the stock with a Neutral and lowered the price target from $394 to $393.
• Barclays analyst Brandt Montour maintained the stock with an Equal-Weight rating and lowered the price target from $379 to $348.
• BMO Capital analyst Ari Klein maintained the stock with an Outperform rating and cut the price target from $410 to $395.

Considering buying MAR stock? Here’s what analysts think:

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