H World Group stock reports 10.8 percent Q2 revenue growth

Published on 10/07/2026 at 00:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

H World Group stock was last at USD 42.05 on October 6, 2026, while analysts set a USD 61.20 average target. First-half revenue reached RMB 13.117 billion.

HTHT, US44332N1063, Illustration mit AI erstellt.

H World Group stock (ISIN US44332N1063) was last at USD 42.05 on Nasdaq on October 6, 2026, up USD 0.28 or 0.67 percent from the prior close. The company delivered 10.8 percent revenue growth in the second quarter of 2026, making asset-light expansion the central investment issue.

Revenue growth favors asset light hotels

According to Yahoo Finance in the Q2 2026 earnings transcript published on August 17, 2026, group revenue rose 10.8 percent year over year to RMB 7.1 billion. Adjusted EBITDA increased 20 percent to RMB 2.7 billion, and the adjusted EBITDA margin expanded by 3 percentage points to 38.3 percent.

The business mix explains the margin improvement. Managed and franchised revenue increased 25.2 percent year over year to RMB 3.6 billion in Q2 2026, while adjusted net income grew 26.9 percent to RMB 1.7 billion, according to Yahoo Finance.

First half shows wider operating scale

The six months ended June 30, 2026, produced RMB 13.117 billion in revenue, up from RMB 11.821 billion in the prior-year period. Adjusted EBITDA reached RMB 4.583 billion versus RMB 3.766 billion, while operating cash flow rose to RMB 3.641 billion from RMB 3.239 billion, according to StockTitan in its September 23, 2026 report on the company filing.

That comparison points to a higher-quality growth mix: manachised and franchised hotel revenue rose to RMB 6.592 billion from RMB 5.364 billion, while leased and owned hotel revenue declined to RMB 5.983 billion from RMB 6.190 billion. H World operated 12,892 manachised hotels and 100 franchised hotels at June 30, 2026, according to StockTitan.

Analysts see 45.5 percent upside

As MarketBeat reported on October 4, 2026, five analysts held a Moderate Buy consensus, with three Buy ratings and two Hold ratings and an average 12-month price target of USD 61.20. That target lies 45.5 percent above the USD 42.05 Nasdaq price.

The market is therefore weighing two different signals. The USD 12.9 billion market capitalization and the stock's USD 42.05 price leave it 25.8 percent below the 52-week high of USD 56.64, while the latest reported figures show faster growth in the less capital-intensive hotel model.

H World Group stock stays below its yearly high

H World Group stock was last at USD 42.05 on Nasdaq on October 6, 2026, with a session range of USD 41.63 to USD 42.48 and volume of 1,006,691 shares.