Coforge Signs $1.56 Billion Deal with Sabre to Drive AI Innovation

Coforge, a mid-tier IT services company, has announced a strategic $1.56 billion deal with Sabre, a leading US-based travel technology firm. The agreement aims to accelerate product delivery and introduce advanced artificial intelligence (AI)-enabled solutions for Sabre’s global operations.

The 13-year engagement is the largest contract in Coforge’s history and is expected to generate approximately $120 million in annual revenue for the company.

Strengthening Long-Term Partnership

Commenting on the landmark deal, Sudhir Singh, Chief Executive Officer and Executive Director of Coforge, said, “Our new agreement is a major milestone in our partnership with Sabre. The scale and complexity of the mandate reflect the deep trust and capability that both organisations bring to this partnership. It underlines, once again, our strong commitment to engineering excellence and driving emerging innovation and transformation for our clients.”

The deal is especially significant as major IT services firms have observed a trend of smaller contracts with shorter timelines from clients. This agreement, however, reinforces Coforge’s position as a key player in the digital transformation of the travel technology sector.

Sabre’s Perspective on the Collaboration

Sabre’s Chief Executive Officer and President, Kurt Ekert, highlighted the importance of this partnership in advancing technological innovations. “Sabre is in an advantaged position to pioneer, build, and deploy the next generation of solutions alongside our continuously expanding travel marketplace, and we look forward to Coforge’s partnership in expediting the process,” he stated.

Driving AI-Led Innovation in Travel Technology

Through this long-term agreement, Coforge will focus on leveraging AI to enhance Sabre’s product offerings, streamline operations, and improve the overall customer experience. The deal is expected to boost Sabre’s ability to remain competitive in the fast-evolving travel technology landscape.

Stock Performance 

On March 05, 2025, Coforge share price traded 8.77% higher at ₹7,835.65 at 9:40 AM (IST). Coforge’s share price reached a 52-week high of ₹10,017.95 on December 30, 2024, and a 52-week low of ₹4,291.05 on May 09, 2024. As per BSE, the total traded volume for the stock stood at 0.30 lakh shares with a turnover of ₹23.22 crores.

At the current price, Coforge shares are trading at a price-to-earnings (P/E) ratio of 73.82x, based on its trailing 12-month earnings per share (EPS) of 106.30, and a price-to-book (P/B) ratio of 9.38, according to exchange data.

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