Marriott International, Inc. (MAR) earnings on May 6, 2026

Before the market opens Q1 2026

More Marriott International, Inc. earnings

Prior outlook: Pessimistic Outcome: Missed

Marriott's first quarter earnings fell below what analysts expected, and the company's 2026 sales forecast also came in lower than anticipated. Despite this, the stock rose anyway, ending the day about 1.3% higher.

MAR price around the earnings

359.27

Change: +1.3%

2026-05-06, 22:32 UTC

End of the measured window
353.55 356.78 360.02 363.25 354.52
Price series around the eventClosing price per minute from before the event to the end of the measured window.
May 6, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • End of the measured window
  • Market open
  • Starting price
Price series around the event

Prior thesis

Prior outlook: Pessimistic Outcome: Missed

Thesis published

Negative outlook, price may fall further.

The company's recent earnings report showed lower-than-expected profits and future sales forecasts. This has caused the stock price to drop, and upcoming profit outlooks also suggest ongoing challenges.

Context analyzed before publication

Summary
Negative outlook; the scenario is pessimistic.
Playbook
The recent underperformance and missed expectations present a challenging scenario.
Trend
Negative trend confirmed by recent earnings report.

Analysts

Evidence

Analyst consensus
Buy
Consensus average (1-5)
2.23
Analysts covering the stock
24
Average price target
371.88
Lowest price target
269
Highest price target
443
Upside to price target
2.7%
Quarterly earnings growth
-2.2%
Revenue growth
6.3%
Forward EPS
12.99
Trailing EPS
9.5
Analyst moves in the last 60 days
6
  • Strong buy: 1
  • Buy: 11
  • Hold: 12
  • Sell: 1
  • Strong sell: 1
Strong buy
1
Buy
11
Hold
12
Sell
1
Strong sell
1
  • April 24, 2026 · Evercore ISI Group: Maintains rating (Outperform → Outperform)
  • April 23, 2026 · Susquehanna: Maintains rating (Neutral → Neutral)
  • April 21, 2026 · JP Morgan: Maintains rating (Neutral → Neutral)
  • April 16, 2026 · Barclays: Maintains rating (Equal-Weight → Equal-Weight)
  • April 10, 2026 · Morgan Stanley: Maintains rating (Overweight → Overweight)
  • March 10, 2026 · Morgan Stanley: Maintains rating (Overweight → Overweight)

News and sentiment

Drivers

  • News & sentiment Negative

    The company's forecast for the next quarter's earnings is also meeting or falling short of what analysts expected. This suggests that difficulties may continue in the short term.

Evidence

Sentiment
Sentiment
Constructive
Mention volume
Low
Normalized volume
33%
News
Sources (8)
  • Full Transcript: Marriott Intl Q1 2026 Earnings Call — Benzinga
  • Marriott International Sees FY2026 Adj EPS $11.38-$11.63 vs $11.60 Est; FY2026 Revenue expected to be below $0.00 vs $27.960B Est — Benzinga
  • Marriott International Sees Q2 Adj EPS $2.99-$3.06 vs $3.06 Est — Benzinga
  • Marriott Intl Q1 Adj. EPS $2.72 Beats $2.55 Estimate, Sales $6.654B Beat $6.586B Estimate — Benzinga
  • Evercore ISI Group Maintains Outperform on Marriott International, Raises Price Target to $400 — Benzinga
  • Susquehanna Maintains Neutral on Marriott International, Raises Price Target to $385 — Benzinga
  • JP Morgan Maintains Neutral on Marriott International, Raises Price Target to $383 — Benzinga
  • Barclays Maintains Equal-Weight on Marriott International, Raises Price Target to $372 — Benzinga

Technicals

Drivers

  • Technical Negative

    The stock has recently performed worse than the broader market. Its recent price movement and momentum indicators suggest a downward trend.

Evidence

Average true range (ATR)
2.5%
Distance to 52-week high
-4.7%
14-day change (14d)
-4.3%
30-day change
+10.7%
30-day relative strength
-1.3%
Benchmark change
+12.0%
Nearest support
316.55
Nearest resistance
379.77
Volume accumulation ratio
0.87

Trends

Evidence

Average earnings surprise
-0.5%
  • May 6, 2026: actual EPS 2.43 vs estimate 2.56 (surprise -4.9%)
  • February 10, 2026: actual EPS 2.58 vs estimate 2.62 (surprise -1.5%)
  • November 4, 2025: actual EPS 2.47 vs estimate 2.39 (surprise +3.5%)
  • August 5, 2025: actual EPS 2.65 vs estimate 2.62 (surprise +1.1%)

Expected move

Drivers

  • Past earnings Negative

    Looking back at previous earnings reports, the company has only beaten expectations half the time. When it did report, earnings were often slightly below what was outlined.

There is no implied-move data available for this event.

Reactions over its last 19 earnings

Median move
3.1%
75th percentile move
4.9%
90th percentile move
5.6%
Up / down moves
10 / 9
Average up move
+3.7%
Average down move
-2.9%

Monitoring and close

What Marriott International, Inc. reported

There is no monitoring data available for this event.

Pre-market second reading after the results

There is no second reading available for this event.

How the stock reacted

Outcome
Missed
Consolidated
+1.3%
Max favorable move (MFE)
0.5%
Max adverse move (MAE)
2.7%