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Despegar.com Corp (DESP) Stock Forecast & Price Prediction

Live DESP Stock Price & Analysis

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$19.33

+0.08 (0.42%)

12 Month Price Forecast For DESP

$19.33
Current Price
$1.62B
Market Cap
4 Ratings
Buy 2
Hold 2
Sell 0
Wall St Analyst Ratings

Distance to DESP Price Forecasts

+29.3%
To High Target of $25.00
+7.3%
To Median Target of $20.75
-1.7%
To Low Target of $19.00

DESP Price Momentum

+0.7%
1 Week Change
+1.0%
1 Month Change
+126.1%
1 Year Change
+0.4%
Year-to-Date Change
-1.1%
From 52W High of $19.55
+136.0%
From 52W Low of $8.19

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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Data last updated: February 15, 2025 1:27 PM UTC

DESP Analyst Ratings & Price Targets

Based on our analysis of 9 Wall Street analysts, DESP has a neutral consensus with a median price target of $20.75 (ranging from $19.00 to $25.00). The overall analyst rating is Strong Buy (8.0/10). Currently trading at $19.33, the median forecast implies a 7.3% upside. This outlook is supported by 2 Buy, 2 Hold, and 0 Sell ratings.

The most optimistic forecast comes from Mark May at Citigroup, projecting a 29.3% upside. Conversely, the most conservative target is provided by Naved Khan at B. Riley Securities, suggesting a 1.7% downside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

DESP Analyst Consensus

2
Buy
2
Hold
0
Sell

DESP Price Target Range

Low
$19.00
Average
$20.75
High
$25.00
Current: $19.33

Latest DESP Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for DESP.

Date Firm Analyst Rating Change Price Target
Nov 29, 2024 Morgan Stanley Brian Nowak Overweight Maintains $21.00
Nov 25, 2024 TD Cowen Kevin Kopelman Sell Downgrade $14.00
Aug 20, 2024 TD Cowen Kevin Kopelman Buy Maintains $12.00
Aug 16, 2024 Cantor Fitzgerald Thomas Shinske Overweight Reiterates $17.00
Jul 22, 2024 Citigroup Joao Pedro Soares Neutral Maintains $15.00
May 17, 2024 B. Riley Securities Naved Khan Buy Maintains $19.00
May 17, 2024 Cantor Fitzgerald Thomas Shinske Overweight Maintains $17.00
Apr 29, 2024 Citigroup Joao Pedro Soares Neutral Downgrade $14.50
Mar 22, 2024 Cantor Fitzgerald Thomas Shinske Overweight Reiterates $14.00
Mar 15, 2024 B. Riley Securities Naved Khan Buy Reiterates $16.00
Mar 15, 2024 Cantor Fitzgerald Thomas Shinske Overweight Maintains $14.00
Mar 7, 2024 Cantor Fitzgerald Thomas Shinske Overweight Initiates $11.00
Dec 20, 2023 B. Riley Securities Naved Khan Buy Maintains $15.00
Aug 18, 2023 B. Riley Securities Naved Khan Buy Maintains $11.00
Aug 11, 2023 Morgan Stanley Brian Nowak Overweight Assumes $13.00
Jun 22, 2023 B. Riley Securities Naved Khan Buy Initiates $10.00
Mar 20, 2023 Morgan Stanley Brian Nowak Equal-Weight Maintains $6.50
Jan 18, 2023 Morgan Stanley Brian Nowak Equal-Weight Maintains $6.00
Nov 22, 2022 Morgan Stanley Brian Nowak Equal-Weight Maintains $8.00
Aug 23, 2022 Morgan Stanley Brian Nowak Equal-Weight Maintains $10.50

Stocks Similar to Despegar.com Corp

The following stocks are similar to Despegar based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Despegar.com Corp (DESP) Financial Data

Despegar.com Corp has a market capitalization of $1.62B with a P/E ratio of 241.6x. The company generates $756.30M in trailing twelve-month revenue with a 4.5% profit margin.

Revenue growth is +8.9% quarter-over-quarter, while maintaining an operating margin of +19.2% and return on equity of +60.1%.

Valuation Metrics

Market Cap $1.62B
Enterprise Value $1.62B
P/E Ratio 241.6x
PEG Ratio 18.6x
Price/Sales 2.1x

Growth & Margins

Revenue Growth (YoY) +8.9%
Gross Margin +73.8%
Operating Margin +19.2%
Net Margin +4.5%
EPS Growth +8.9%

Financial Health

Cash/Price Ratio +11.0%
Current Ratio 0.8x
Debt/Equity 101.6x
ROE +60.1%
ROA +8.3%

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Despegar.com Corp logo

Despegar.com Corp (DESP) Company Overview

About Despegar.com Corp

What They Do

Provides online travel and related services.

Business Model

The company generates revenue by selling a variety of travel products such as airline tickets, hotel rooms, and travel insurance through its online platforms. It also earns income from financial services, including loan origination and payment processing for its customers and third-party merchants.

Additional Information

Despegar.com operates in Latin America and the United States, offering services under various brand names including Despegar and Best Day. Founded in 1999 and headquartered in the British Virgin Islands, the company also provides technology solutions to travel suppliers and advertising services to marketers.

Company Information

Sector

Consumer Cyclical

Industry

Travel Services

Employees

4,593

CEO

Mr. Damian Scokin

Country

British Virgin Islands

IPO Year

2017

Despegar.com Corp (DESP) Latest News & Analysis

DESP stock latest news image
Quick Summary

Despegar.com (NYSE: DESP) has partnered with HBX Group to enhance its service offerings by incorporating HBX's non-air inventory from Europe and North America into its platform.

Why It Matters

Despegar's partnership with HBX Group enhances its service offerings and expands inventory, potentially increasing market reach and revenue, which could positively impact stock performance.

Source: Business Wire
Market Sentiment: Neutral
DESP stock latest news image
Quick Summary

Monteverde & Associates PC is investigating Despegar.com, Corp. (NYSE: DESP) regarding its proposed merger with Prosus, having a strong track record of recovering funds for shareholders.

Why It Matters

The investigation into Despegar.com amid a proposed merger could signal potential risks or opportunities for shareholders, impacting stock performance and investment strategies.

Source: PRNewsWire
Market Sentiment: Neutral
DESP stock latest news image
Quick Summary

Prosus NV plans to acquire Latin American online travel agency Despegar.com for approximately $1.7 billion in cash.

Why It Matters

Prosus NV's acquisition of Despegar.com expands its portfolio in the growing Latin American travel market, potentially increasing revenue and market share, impacting investor sentiment positively.

Source: Reuters
Market Sentiment: Positive
DESP stock latest news image
Quick Summary

Despegar.com, Corp. has agreed to be acquired by Prosus for $19.50 per share in an all-cash deal valued at about $1.7 billion.

Why It Matters

Despegar's acquisition by Prosus at $19.50 per share signifies a strong valuation, indicating market confidence. This can impact share prices and investor sentiment in the travel tech sector.

Source: Business Wire
Market Sentiment: Neutral
DESP stock latest news image
Quick Summary

Prosus will acquire Despegar for $19.50 per share, offering a 33% premium to the closing price on December 20, 2024. The deal is approved by Despegar's board.

Why It Matters

Prosus acquiring Despegar at a significant premium signals confidence in the OTA's growth potential, likely boosting investor sentiment and impacting related travel sector stocks.

Source: Business Wire
Market Sentiment: Neutral
DESP stock latest news image
Quick Summary

Ademi LLP is investigating Despegar (NYSE: DESP) for potential fiduciary duty breaches related to its deal with Prosus, offering stockholders $19.50 per share in a $1.7 billion transaction.

Why It Matters

Concerns over fiduciary duty breaches in Despegar's transaction with Prosus may signal potential legal risks, affecting stock performance and investor confidence.

Source: Business Wire
Market Sentiment: Neutral

Frequently Asked Questions About DESP Stock

What is Despegar.com Corp's (DESP) stock forecast for 2025?

Based on our analysis of 9 Wall Street analysts, Despegar.com Corp (DESP) has a median price target of $20.75. The highest price target is $25.00 and the lowest is $19.00.

Is DESP stock a good investment in 2025?

According to current analyst ratings, DESP has 2 Buy ratings, 2 Hold ratings, and 0 Sell ratings. The stock is currently trading at $19.33. Always conduct your own research and consider your investment goals before making investment decisions.

What is the price prediction for DESP stock?

Wall Street analysts predict DESP stock could reach $20.75 in the next 12 months. This represents a 7.3% increase from the current price of $19.33. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Despegar.com Corp's business model?

The company generates revenue by selling a variety of travel products such as airline tickets, hotel rooms, and travel insurance through its online platforms. It also earns income from financial services, including loan origination and payment processing for its customers and third-party merchants.

What is the highest forecasted price for DESP Despegar.com Corp?

The highest price target for DESP is $25.00 from Mark May at Citigroup, which represents a 29.3% increase from the current price of $19.33.

What is the lowest forecasted price for DESP Despegar.com Corp?

The lowest price target for DESP is $19.00 from Naved Khan at B. Riley Securities, which represents a -1.7% decrease from the current price of $19.33.

What is the overall DESP consensus from analysts for Despegar.com Corp?

The overall analyst consensus for DESP is neutral. Out of 9 Wall Street analysts, 2 rate it as Buy, 2 as Hold, and 0 as Sell, with a median price target of $20.75.

How accurate are DESP stock price projections?

Stock price projections, including those for Despegar.com Corp, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.