|Bid||7.25 x 4000|
|Ask||7.27 x 4000|
|Day's range||7.16 - 7.72|
|52-week range||3.30 - 23.86|
|Beta (5Y monthly)||1.70|
|PE ratio (TTM)||N/A|
|Earnings date||29 Oct 2020 - 02 Nov 2020|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||19 Mar 2020|
|1y target est||8.20|
The first travel industry technology platform powered by artificial intelligence (AI) is being rolled out by Sabre (NASDAQ: SABR), the company said in a press release on Thursday. Sabre's partner in the venture to build the system, called Sabre Travel AI, is Alphabet's (NASDAQ: GOOG)(NASDAQ: GOOGL) Google. Sabre says that Sabre Travel AI "will help customers to deliver highly relevant and personalized content more quickly, deliver personalized content that better meets the demands of today's traveler, and create expanded revenue and margin growth opportunities."
What happened Shares of Sabre (NASDAQ: SABR) climbed more than 16% on Thursday thanks to a new partnership with Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) to expand the use of artificial intelligence (AI) in travel sales.
Sabre (SABR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.