Lastminute.com Posts Solid Q1 as Expansion Markets and AI Push Offset Geopolitical Headwinds

The latest update is out from lastminute ( (CH:LMN) ).

Lastminute.com reported a resilient first quarter of 2026, with revenues rising 8% year on year to €96.4 million, or 9.7% excluding its discontinued cruise business, driven by strong flight demand and higher transaction volumes. Adjusted EBITDA increased 6% to €15.3 million despite Middle East‑related cancellations, aided by cost discipline and prior structural savings, boosting cash generation and keeping the group ahead of its 2025 performance.

The company’s strategy to expand beyond core markets continued to pay off, with newer European markets such as the Benelux, Switzerland and Sweden lifting their share of revenue to 23% while core markets remained the profit‑anchoring majority at 72%. Lastminute.com also advanced its AI and conversational search ambitions by making its flight inventory available via ChatGPT and deploying server‑side AI tools, moves that, together with its strong late‑booking brand and diversified product mix, support its maintained guidance for roughly 10% revenue and EBITDA growth for full‑year 2026.

The most recent analyst rating on (CH:LMN) stock is a Buy with a CHF21.00 price target. To see the full list of analyst forecasts on lastminute stock, see the CH:LMN Stock Forecast page.

More about lastminute

Lastminute.com N.V., listed on the SIX Swiss Exchange under ticker LMN, is a European leader in dynamic holiday packages and end‑to‑end online travel services. Through its flagship lastminute.com brand and a portfolio of vertical brands, it combines flights, hotels and ancillary services in real time using proprietary technology, with a strong focus on licensed, fully curated travel experiences across Europe.

Average Trading Volume: 15,096

Technical Sentiment Signal: Sell

Current Market Cap: CHF125.1M

For detailed information about LMN stock, go to TipRanks’ Stock Analysis page.