Travel + Leisure

TNL · NYSE

$67.12+$1.89 (+2.90%)TodayMarket closed · Oct 20, 4:05 PM ET

Prev close $65.23

TNL analyst rating

BuyConsensus of 9 analysts over the last 12 months. 78% rate it a buy.

Strong buy0
Buy7
Hold2
Underperform0
Sell0

12-month price target · 15 analysts

Average $92.26 (+37.5% upside)

Low: $77.77
Now: $67.12
High: $112.35

Upgrades and downgrades

The latest rating actions, newest first

TNL analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Wells Fargo	Oct 19, 2026	Maintains	Overweight	$92.00 → $90.00	33%
Goldman Sachs	Oct 16, 2026	Maintains	Buy	$87.00 → $78.00	49%
Susquehanna	Oct 15, 2026	Maintains	Positive	$95.00 → $75.00	66%
JP Morgan	Oct 8, 2026	Initiates	Neutral	$70.00	48%
Truist Securities	Sep 10, 2026	Maintains	Buy	$88.00 → $86.00	53%
Morgan Stanley	Aug 18, 2026	Maintains	Overweight	$83.00 → $85.00	58%
Mizuho	Jul 23, 2026	Maintains	Outperform	$105.00 → $107.00	38%
Wells Fargo	Jul 23, 2026	Maintains	Overweight	$87.00 → $92.00	33%
Barclays	Jul 23, 2026	Maintains	Equal-Weight	$74.00 → $77.00	46%
Morgan Stanley	Jul 17, 2026	Maintains	Overweight	$78.00 → $83.00	58%

The case for and against

Updated Jan 12, 2026

Bull case

Travel+Leisure Co is experiencing a positive outlook driven by its robust portfolio of approximately 280 properties, which is expected to yield net gains in the future due to new additions. The company has reported impressive growth in gross vacation ownership interest (VOI) sales, forecasting figures between $2.4 billion and $2.5 billion, with an increased value per guest (VPG) projected at $3.2 billion to $3.25 billion, highlighting improved sales efficiency and strong travel club and membership transactions. Additionally, the widening of net interest spreads suggests enhanced profitability, contributing to a recent 15% increase in the stock price, reflecting investor confidence in the company's financial performance.

Bear case

Travel+Leisure Co. faces a negative outlook due to declining consumer sentiment resulting from recent reductions in liquidity by the Federal Reserve, which has adversely impacted vacation ownership interest (VOI) sales. Furthermore, the company's profitability is expected to be affected over the next few years as portfolios adjust to narrowing spreads and ongoing foreign currency risks. Additionally, the potential for business disruption stemming from geopolitical issues, such as diplomatic relations and terrorism, presents further challenges to the overall performance of the company.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.