FINWIRES · TerminalLIVE
FINWIRES

$TRIP

14 stories mentioning TRIPUpdated 33d ago

Every FINWIRES story that references TRIP, newest first.

What are analysts saying about TRIP?

Recent broker actions mentioned in FINWIRES coverage. Compiled from wire headlines; not investment advice.

What's the latest news on TRIP?

Wire

TripAdvisor's Visibility Into Recovery Remains Limited, UBS Says

TripAdvisor's (TRIP) visibility into a recovery remains limited, while it continues to invest behind Experiences segment via product enhancements, marketing diversification and artificial intelligence initiatives, UBS said in a note Tuesday.Experiences segment growth is being hurt by search-engine-optimization headwinds at its core Tripadvisor point of sale, the firm noted.Viator point of sale bookings rose 10%, but consolidated Experiences bookings growth slowed to 5% as SEO pressure cut growth by an estimated five percentage points, while segment revenue grew just 3% amid elevated cancellations and lower booking values, the brokerage noted.Macro uncertainty, softer US-to-Europe demand, and bad weather prompted a more cautious second-half outlook, with Q3 consolidated revenue expected to decline 7%-10% year-over-year, according to UBS.The firm lowered its revenue and adjusted earnings before interest, taxes, depreciation, and amortization estimates for 2026 and 2027.UBS lowered its price target to $12 from $15, maintaining a neutral rating.Price: $10.87, Change: $+0.09, Percent Change: +0.83%

$TRIP
Wire

UBS Adjusts Price Target on TripAdvisor to $12 From $15, Maintains Neutral Rating

TripAdvisor (TRIP) has an average rating of hold and mean price target of $13.31, according to analysts polled by FactSet.Price: $10.89, Change: $+0.11, Percent Change: +1.02%

$TRIP
Wire

TripAdvisor Shares Fall After Posting Lower Q2 Non-GAAP Earnings, Revenue

TripAdvisor (TRIP) shares fell by more than 20% in morning trading on Thursday after the company posted lower non-GAAP net income and revenue for Q2.The company reported Q2 non-GAAP net income of $0.35 per diluted share, down from $0.43 a year earlier.Analysts polled by FactSet expected $0.38.Revenue for the quarter ended June 30 was $441.9 million, down from $476 million a year earlier.Analysts expected revenue of $506.3 million.Price: $11.18, Change: $-2.82, Percent Change: -20.12%

$TRIP
Wire

TripAdvisor's Use of Proceeds From TheFork Sale a Potential Catalyst, Wedbush Says

TripAdvisor's (TRIP) plan to use proceeds from the proposed sale of TheFork on share buybacks, debt paydown and Experiences investment may act as a catalyst for shares, Wedbush said in a note Thursday.The brokerage said it expects Q2 revenue of $526 million, compared with consensus of $503 million, adjusted earnings before interest, taxes, depreciation, and amortization of $83.2 million, versus $82.1 million, and adjusted EPS of $0.42, compared with $0.37.Wedbush said its estimates reflect its expectation for continued Experiences/Viator momentum, offset by anticipated low-double-digit percentage decline in Hotels & Other as volume headwinds persist.Wedbush maintained an outperform rating with a $20 price target.Price: $14.19, Change: $-0.39, Percent Change: -2.67%

$TRIP
Wire

TripAdvisor Shares Fall After BTIG Downgrade

TripAdvisor (TRIP) shares were down about 3.6% in Tuesday trading after BTIG downgraded the stock to neutral from buy.Intraday trading stood at about 1.9 million shares against a daily average of roughly 3.7 million shares.Price: $13.89, Change: $-0.53, Percent Change: -3.64%

$TRIP
Research

BTIG Downgrades TripAdvisor to Neutral From Buy

TripAdvisor (TRIP) has an average rating of hold and mean price target of $13.78, according to analysts polled by FactSet.

$TRIP
Wire

TripAdvisor Removes Valuation Uncertainty With TheFork Sale, Wedbush Says

TripAdvisor (TRIP) is crystallizing its value after striking a deal to sell TheFork for $700 million in cash, Wedbush Securities said in a Tuesday note.On Monday, the company said it has struck a put option to sell its online restaurant reservation and management platform in Europe to American Express (AXP)."The deal crystallizes value that we believe the market was systematically underpricing, removes a source of valuation uncertainty in our SOTP model," the report said. SOTP refers to sum-of-the-parts valuation methodology.The deal also strengthened its balance sheet and capital allocation optionality to return to shareholders and/or deploy against the fast-growing Experiences segment, the note said.The $700 million proceeds against the company's market value of about $1.5 billion is a "transformational" balance sheet event, the report added.Wedbush raised its price target to $20 from $19 and kept its outperform rating.Price: $12.45, Change: $-0.11, Percent Change: -0.88%

$TRIP
Wire

DA Davidson Raises TripAdvisor Price Target to $15.50 From $10.50, Neutral Rating Kept

TripAdvisor (TRIP) has an average rating of hold and mean price target of $12.67, according to analysts polled by FactSet.Price: $13.15, Change: $+0.73, Percent Change: +5.92%

$TRIP
Sectors

Sector Update: Consumer Stocks Mixed Pre-Bell Monday

Consumer stocks were mixed pre-bell Monday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) 0.7% lower and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) up 1.5%.Amazon.com (AMZN) shares were up more than 2% after the company said it has completed the issuance of approximately 13.97 billion Canadian dollars ($9.99 billion) in aggregate notes across multiple maturities as part of a registered debt offering.American Express (AXP) signed a put option agreement to acquire TheFork, an online restaurant reservation and management platform in Europe, from Tripadvisor (TRIP) for $700 million in cash, the companies said. Tripadvisor stock was up more than 11% premarket.Bath & Body Works (BBWI) Chief Executive Officer Daniel Heaf aims to help the company win over younger consumers, The Wall Street Journal reported, citing an interview with the CEO. Shares of Bath & Body Works were up 0.7% pre-bell.

$AMZN$AXP$BBWI$TRIP$XLP$XLY
Wire

TripAdvisor Has 'Underappreciated' Catalysts, Wedbush Says

TripAdvisor (TRIP) presents several "underappreciated" catalysts, offering an attractive entry point to a global online travel leader, Wedbush said in a note Tuesday.Among the catalysts are shareholder activist involvement by Starboard Value, which has an over 9% stake in the company and a cooperation agreement for board seats, the note said.Also, TripAdvisor has an ongoing strategic alternatives review process for TheFork, a non-core segment that Wedbush values at about $1 billion, the report said.The note also pointed to a "high-growth" Experiences division, which trades at a "significant" discount."For investors seeking exposure to a global online travel leader at a dislocated valuation with multiple potential catalysts on the horizon we believe TripAdvisor offers an attractive entry point at current levels," the report said.Wedbush assumed coverage of TripAdvisor with an outperform rating and $19 price target.Price: $11.95, Change: $-0.15, Percent Change: -1.28%

$TRIP
Research

Wedbush Upgrades TripAdvisor to Outperform From Neutral, Adjusts Price Target to $19 From $12

TripAdvisor (TRIP) has an average rating of hold and mean price target of $12.67, according to analysts polled by FactSet.

$TRIP
Wire

TripAdvisor Shares Rise Even After Company Swings to Q1 Non-GAAP Loss, Posts Lower Revenue

TripAdvisor's (TRIP) shares were up 2.7% in Thursday trading even after the company swung to a Q1 non-GAAP loss and posted lower revenue.The company reported a Q1 non-GAAP loss of $0.11 per diluted share, swinging from earnings of $0.14 a year earlier.Analysts polled by FactSet expected a loss of $0.07.Revenue for the quarter ended March 31 was 382.4 million, down from $398.2 million a year earlier.An analyst surveyed by FactSet expected $382.4 million.Price: $11.48, Change: $+0.30, Percent Change: +2.68%

$TRIP
Research

Research Alert: CFRA Drops Stars Coverage Of Tripadvisor Inc.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We are dropping analytical coverage of TRIP, an online travel agency, due to a shift in investor focus. Our previous recommendation on shares of TRIP was Hold.

$TRIP
Research

Research Alert: CFRA Drops Stars Coverage Of Tripadvisor Inc.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We are dropping analytical coverage of TRIP, an online travel agency, due to a shift in investor focus. Our previous recommendation on shares of TRIP was Hold.

$TRIP

Track with the FINWIRES app suite