From what 25 stock analysts predict, the share price for TripAdvisor Inc (TRIP) might increase by 22.21% in the next year. This is based on a 12-month average estimation for TRIP. Price targets go from $11 to $32. The majority of stock analysts believe TRIP is a hold. Please note analyst price targets are not guaranteed and could be missed completely.
TRIP is a stock in Consumer Cyclical which has been forecasted to be worth $18.93 as an average. On the higher end, the forecast price is $32 USD by Scott Devitt from Stifel and on the lower end TRIP is forecasted to be $11 by Deepak Mathivanan from Cantor Fitzgerald.
These are the latest 20 analyst ratings of TRIP.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Deepak Mathivanan Cantor Fitzgerald | Underweight | $11 | Maintains | Nov 7, 2024 |
Lloyd Walmsley UBS | Neutral | $17 | Maintains | Nov 7, 2024 |
Kevin Kopelman TD Cowen | Hold | $20 | Maintains | Nov 7, 2024 |
Naved Khan B. Riley Securities | Neutral | $20 | Maintains | Nov 7, 2024 |
Deepak Mathivanan Cantor Fitzgerald | Underweight | $12 | Reiterates | Oct 7, 2024 |
Deepak Mathivanan Cantor Fitzgerald | Underweight | $12 | Reiterates | Sep 30, 2024 |
Ronald Josey Citigroup | Neutral | $16 | Maintains | Sep 24, 2024 |
Deepak Mathivanan Cantor Fitzgerald | Underweight | $12 | Reiterates | Sep 23, 2024 |
Deepak Mathivanan Cantor Fitzgerald | Underweight | $12 | Initiates | Sep 5, 2024 |
Patrick Scholes Truist Securities | Hold | $17 | Maintains | Sep 4, 2024 |
Kevin Kopelman TD Cowen | Hold | $15 | Maintains | Aug 22, 2024 |
Tom White DA Davidson | Neutral | $16 | Maintains | Aug 12, 2024 |
Benjamin Miller Goldman Sachs | Buy | $24 | Maintains | Aug 8, 2024 |
Naved Khan B. Riley Securities | Neutral | $19 | Downgrade | Aug 7, 2024 |
Scott Devitt Wedbush | Neutral | $21 | Reiterates | Aug 7, 2024 |
Jake Fuller BTIG | Buy | $20 | Maintains | Aug 7, 2024 |
Brian Pitz BMO Capital | Market Perform | $17 | Maintains | Aug 7, 2024 |
Doug Anmuth JP Morgan | Underweight | $14 | Maintains | Aug 7, 2024 |
Lloyd Walmsley UBS | Neutral | $18 | Maintains | Aug 7, 2024 |
Patrick Scholes Truist Securities | Hold | $21 | Maintains | May 30, 2024 |
When did it IPO
2011
Staff Count
2,850
Country
United States
Sector/Industry
Consumer Cyclical/Travel Services
CEO
Mr. Matthew Goldberg
Market Cap
$2.16B
In 2023, TRIP generated $1.79B in revenue, which was a increase of 19.84% from the previous year. This can be seen as a signal that TRIP's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - TripAdvisor's stock fell after unsuccessful sale efforts, reflecting market skepticism. Profitability issues persist as it struggles against larger competitors and faces challenges from AI and social media.
Why It Matters - TripAdvisor's failed sale signals market doubts about its competitiveness, raising valuation concerns as growth segments lack profitability, impacting investor confidence and stock performance.
Summary - Tripadvisor (TRIP) is rated a Strong Buy, driven by Viator's growth surpassing legacy revenue. Management maintains an optimistic outlook for Viator and TheFork despite Q3 2024 challenges.
Why It Matters - Tripadvisor's strong outlook for Viator and TheFork, alongside positive growth trends and a solid balance sheet, indicates potential for improved future performance, appealing to growth-focused investors.
Summary - A rival's financial results may indicate a positive quarter ahead for Tripadvisor, suggesting potential for better-than-expected performance.
Why It Matters - Positive financial results from a competitor may indicate strong demand and performance trends for Tripadvisor, potentially boosting its stock value and investor confidence.
Summary - Tripadvisor, Inc. (NASDAQ:TRIP) will hold its Q3 2024 earnings conference call on November 6, 2024, at 4:30 PM ET, featuring key executives and analysts from major firms.
Why It Matters - Tripadvisor's upcoming Q3 2024 earnings call will provide insights into its financial performance and strategy, influencing investor sentiment and stock valuation.
Summary - Tripadvisor, Inc. (NASDAQ: TRIP) released its Q3 2024 earnings report on November 6, 2024. The report is accessible at ir.tripadvisor.com.
Why It Matters - Tripadvisor's Q3 2024 earnings release provides insights into its financial performance, impacting stock valuation and investor sentiment regarding future growth potential.
Summary - TripAdvisor (TRIP) reported Q3 earnings of $0.50 per share, surpassing the Zacks estimate of $0.44, but down from $0.52 per share in the same quarter last year.
Why It Matters - TripAdvisor's earnings beat expectations, indicating stronger performance than anticipated, but a decline from last year may raise concerns about growth sustainability.