Highlights

  • Consensus rating of Buy from 15 analysts: 12 Buy or equivalent, 2 Hold, 1 Sell or equivalent.
  • Mean price target of A$5.43 against a share price of A$2.65 on 8 October 2026, an implied upside of 105.0%.
  • Analyst targets range from A$3.53 to A$7.15.
  • Annual Recurring Revenue (ARR) grew 24.1% on a constant currency and organic basis, or 14.9% on a reported basis, to $313.7 million.

SiteMinder (ASX:SDR) carries a consensus analyst rating of Buy. Of the 15 analyst recommendations recorded, 12 are Buy or equivalent, 2 are Hold and 1 is Sell or equivalent. The mean price target is A$5.43, with targets ranging from A$3.53 to A$7.15, against a current share price of A$2.65 (8 October 2026). SiteMinder Limited provides cloud software to hotels and accommodation providers, including subscription and transaction-based products.

Company name

SiteMinder

Ticker

(ASX:SDR)

Exchange

ASX (Australian Securities Exchange)

Current share price

A$2.65

Price date

8 October 2026

Number of analysts

15

Rating consensus

Buy

Consensus price target (mean)

A$5.43

Highest target

A$7.15

Lowest target

A$3.53

Implied upside/downside to mean target

Implied upside of 105.0%

Latest developments

SiteMinder (ASX:SDR) released its FY26 results on 25 August 2026. Annual recurring revenue (ARR) grew 24.1% on a constant currency and organic basis, or 14.9% on a reported basis, to $313.7 million. Revenue grew 22.0% on a constant currency and organic basis, or 18.6% as reported, to $266.1 million. Adjusted EBITDA increased 96.5% to $28.1 million, with the Margin expanding 419 basis points to 10.6%, and adjusted free Cash Flow more than doubled to $10.5 million. The reported net loss was $11.3 million, compared with $24.5 million in FY25.

Subscription ARR grew 15.1% on a constant currency and organic basis, or 6.6% reported, to $169.4 million. Transaction ARR grew 37.1% on that basis, or 26.5% reported, to $144.3 million. Smart Platform-driven transaction revenue grew 34%. The company said the strengthening Australian dollar adversely affected reported revenue and profitability, and that results were achieved amid heightened geopolitical and global travel uncertainty.

For FY27, SiteMinder expects its adjusted EBITDA margin to expand meaningfully, with ARR growth in the 20s on a constant currency and organic basis. It expects the adjusted EBITDA margin to reach the mid-20s in FY30, and ARR to grow at a compound annual rate in the 20s from FY26 closing levels to FY30 closing levels on the same basis.

Sector context

The company describes heightened geopolitical and global travel uncertainty during the year and says a higher Australian dollar reduced reported revenue and profit. SiteMinder serves hotels and accommodation providers, so its results relate to bookings and travel activity.

Risks and what to watch

Reported growth rates were lower than constant currency organic rates, and the company states that the higher Australian dollar affected reported revenue and profitability. The Business is exposed to global travel conditions, which the company describes as softer. The FY27 and FY30 targets are expressed as ranges or descriptions of growth and margin and depend on product adoption and market conditions. Adjusted EBITDA is a company-defined measure, and the company remains loss-making on a reported basis.

Next milestones

Items to watch include ARR growth in the 20s in FY27, expansion of the adjusted EBITDA margin, the pace of transaction revenue from Smart Platform products, currency effects on reported results, and progress toward the FY30 margin target in the mid-20s.