INTERCONTINENTAL HOTELS GROUP PLC NEW (IHG)

NYSEConsumer DiscretionaryTravel LodgingSnapshot 2026-10-23

$162.40-3.21%

Close 2026-10-23 · 1-day change

Investment OutlookAs of Oct 24, 2026

What could strengthen or challenge INTERCONTINENTAL HOTELS GROUP PLC NEW’s outlook?

Follow changes in expectations, incoming evidence and the wider market environment.

Higher potential upsideImproving expectations

Next-FY EPS estimate change · 30 days

-0.6%

+10% or more+5%0%−5%−10% or less

6.55 → 6.51 EPS · FY ending Dec 31, 2027 · 6 analysts

Higher risk of downsideWeakening expectations

One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.

How this is measured

Change in the same fiscal period’s mean EPS estimate from Sep 24, 2026 to Oct 24, 2026: (new ÷ prior − 1). Contributor count changed from 6 to 6; this is not the number of analysts revising. Source: FMP consensus snapshots. The ±10% axis is a display range.

Measure / period	Management expectations	Analyst expectations
Quarter ending 2026-12-30
Revenue	—	2.96B
EPS	—	3.055
Annual ending 2026-12-31
Revenue	—	5.57B
EPS	—	5.806
Annual ending 2027-12-31
Revenue	—	5.9B
EPS	—	6.508

Management figures unavailable.

What the Thesis Depends On

A structured thesis has not been published for this company.

Key Factor	Why It Matters	Current Status	Break Condition	Latest Evidence

Stored thesis · Date unavailable. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.

Incoming Evidence

Compare these dated observations with the operating requirements above

Expectations trend

Same fiscal period

FY2027 · fiscal year ending 2027-12-31 · fmp

FY2027 EPS$6.51

$6.47 → $6.51 · observed estimates

FY2027 revenueUnavailable

Unavailable → Unavailable · observed estimates

Exact estimates & source dates

One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.

FY2027 estimate observations · fmp
Snapshot	EPS	Revenue	EPS / revenue analysts
2026-07-24	$6.47	Unavailable	6 / 4
2026-07-25	$6.47	Unavailable	6 / 4
2026-07-26	$6.47	Unavailable	6 / 4
2026-07-27	$6.47	Unavailable	6 / 4
2026-07-28	$6.47	Unavailable	6 / 4
2026-07-29	Unavailable	$2,770,478,830	4 / 5
2026-07-30	Unavailable	$2,770,478,830	4 / 5
2026-07-31	Unavailable	$2,770,478,830	4 / 5
2026-08-01	$6.47	Unavailable	6 / 4
2026-08-02	$6.47	Unavailable	6 / 4
2026-08-03	Unavailable	$2,770,478,830	4 / 5
2026-08-04	Unavailable	$2,770,478,830	4 / 5
2026-08-05	Unavailable	$2,770,478,830	4 / 5
2026-08-06	Unavailable	$2,770,478,830	4 / 5
2026-08-07	$6.47	Unavailable	6 / 4
2026-08-08	$6.47	Unavailable	6 / 4
2026-08-09	Unavailable	$2,770,478,830	4 / 5
2026-08-10	$6.47	Unavailable	6 / 4
2026-08-12	Unavailable	$2,770,121,860	3 / 5
2026-08-13	Unavailable	$2,770,121,860	3 / 5
2026-08-14	$6.47	Unavailable	6 / 4
2026-08-15	$6.47	Unavailable	6 / 4
2026-08-16	$6.47	Unavailable	6 / 4
2026-08-17	$6.47	Unavailable	6 / 4
2026-08-18	$6.47	Unavailable	6 / 4
2026-08-19	$6.47	Unavailable	6 / 4
2026-08-20	$6.53	Unavailable	6 / 4
2026-08-21	$6.53	Unavailable	6 / 4
2026-08-22	$6.51	Unavailable	6 / 4
2026-08-23	$6.51	Unavailable	6 / 4
2026-08-24	$6.51	Unavailable	6 / 4
2026-08-25	$6.51	Unavailable	6 / 4
2026-08-26	$6.51	Unavailable	6 / 4
2026-08-27	$6.51	Unavailable	6 / 4
2026-08-28	$6.51	Unavailable	6 / 4
2026-08-29	$6.53	Unavailable	6 / 4
2026-08-30	$6.53	Unavailable	6 / 4
2026-08-31	$6.53	Unavailable	6 / 4
2026-09-01	$6.53	Unavailable	6 / 4
2026-09-02	$6.55	Unavailable	6 / 4
2026-09-03	$6.55	Unavailable	6 / 4
2026-09-04	$6.55	Unavailable	6 / 4
2026-09-05	$6.55	Unavailable	6 / 4
2026-09-06	$6.55	Unavailable	6 / 4
2026-09-07	$6.55	Unavailable	6 / 4
2026-09-08	$6.55	Unavailable	6 / 4
2026-09-09	$6.55	Unavailable	6 / 4
2026-09-10	$6.55	Unavailable	6 / 4
2026-09-11	$6.55	Unavailable	6 / 4
2026-09-12	$6.55	Unavailable	6 / 4
2026-09-13	$6.55	Unavailable	6 / 4
2026-09-14	$6.55	Unavailable	6 / 4
2026-09-15	$6.55	Unavailable	6 / 4
2026-09-16	$6.55	Unavailable	6 / 4
2026-09-17	$6.55	Unavailable	6 / 4
2026-09-18	$6.55	Unavailable	6 / 4
2026-09-19	$6.55	Unavailable	6 / 4
2026-09-20	$6.55	Unavailable	6 / 4
2026-09-21	$6.55	Unavailable	6 / 4
2026-09-22	$6.55	Unavailable	6 / 4
2026-09-23	$6.55	Unavailable	6 / 4
2026-09-24	$6.55	Unavailable	6 / 4
2026-09-25	$6.55	Unavailable	6 / 4
2026-09-26	$6.55	Unavailable	6 / 4
2026-09-27	$6.55	Unavailable	6 / 4
2026-09-28	$6.55	Unavailable	6 / 4
2026-09-29	$6.56	Unavailable	6 / 4
2026-09-30	$6.56	Unavailable	6 / 4
2026-10-01	$6.56	Unavailable	6 / 4
2026-10-02	$6.56	Unavailable	6 / 4
2026-10-03	$6.55	Unavailable	6 / 4
2026-10-04	$6.55	Unavailable	6 / 4
2026-10-05	$6.55	Unavailable	6 / 4
2026-10-06	$6.55	Unavailable	6 / 4
2026-10-07	$6.55	Unavailable	6 / 4
2026-10-08	$6.55	Unavailable	6 / 4
2026-10-09	$6.55	Unavailable	6 / 4
2026-10-10	$6.55	Unavailable	6 / 4
2026-10-11	$6.55	Unavailable	6 / 4
2026-10-12	$6.55	Unavailable	6 / 4
2026-10-13	$6.55	Unavailable	6 / 4
2026-10-14	$6.55	Unavailable	6 / 4
2026-10-15	$6.55	Unavailable	6 / 4
2026-10-16	$6.55	Unavailable	6 / 4
2026-10-17	$6.55	Unavailable	6 / 4
2026-10-18	$6.55	Unavailable	6 / 4
2026-10-19	$6.55	Unavailable	6 / 4
2026-10-20	$6.55	Unavailable	6 / 4
2026-10-21	$6.55	Unavailable	6 / 4
2026-10-22	$6.55	Unavailable	6 / 4
2026-10-23	$6.53	Unavailable	6 / 4
2026-10-24	$6.51	Unavailable	6 / 4

Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.

Compare required revenue and earnings

Analyst view

Monthly observations

Buy / Strong BuyHoldSell / Strong Sell

Exact monthly counts

Monthly rating snapshots · fmp. Missing snapshots are not zero.
Date	Buy*	Hold	Sell*
2026-05-01	4	1	4
2026-06-01	4	1	5
2026-07-01	4	1	5
2026-08-01	4	1	4
2026-09-01	4	1	4
2026-10-01	3	1	4

*Buy includes Strong Buy; Sell includes Strong Sell. Monthly counts describe the analyst mix, not the firms behind each recent action.

Latest: 3 Buy / Strong Buy · 1 Hold · 4 Sell / Strong Sell

0 upgrades0 downgrades0 maintains

Recent actions · Sep 25–Oct 24 · 0 recorded

Price-target changes

30 days

Individual price-target observations are unavailable.

0 raises · 0 cuts · 0 unchanged · 0 without a comparable prior

How this is measured

Sep 25, 2026–Oct 24, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.

Outlook in Brief

The evidence, the remaining questions, and what comes next

What's improving

No recovery evidence is reported in the available driver assessments.

Still unresolved / key risks

Review the published break conditions above; missing evidence is not proof of success.

Next proof point

Next earnings date unavailable

Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.

Review earnings

Bottom line

A structured thesis has not been published. The available analyst evidence alone does not establish the investment case.

The dated weekly assessment and its assumptions are available in Read detailed Outlook.

Historical risk context

Observed price history; separate from operating scenarios

Price sensitivity

0.8%Typical daily move · historical

Downside history

-13.0%Maximum drawdown · trailing year

Read detailed Outlook Company context, assumptions & risks

INTERCONTINENTAL HOTELS GROUP PLC NEW outlook in detail

The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.

Updated Oct 24, 2026

What kind of bet this is

This is a growth-sensitive hotel-sector thesis, but the evidence is too limited to classify it as a durable compounder or another clear type. The thesis state is insufficient because there is not enough recent financial-performance history to assess it.

What's priced into INTERCONTINENTAL HOTELS GROUP PLC NEW

The valuation label recently changed from none to full, while model confidence is high. No fragility gates fired, but the evidence does not specify what earnings or growth expectations the market already assumes.

What the fundamentals likely do

Near-term miss risk is described as low, though earnings surprises are trending down and the recent history includes a deep miss. Over the multi-year view, the evidence is thin on management execution and recent results, so the fundamental trajectory is unclear.

What INTERCONTINENTAL HOTELS GROUP PLC NEW hinges on

Near-term sector signals matter: continued earnings strength and higher guidance from MAR, HLT, and H could support the sector backdrop, while misses or lower guidance could weaken it. The multi-year view also hinges on economic growth, since GDP slowing materially from 2.2% to below 2% is flagged as a risk for growth-sensitive names.