- Expedia's earnings show mixed results: Revenue misses, profit exceeds.
- Analysts forecast a potential 19.46% upside in Expedia's stock.
- Current ratings suggest an "Outperform" status for Expedia (EXPE, Financial).
Expedia (EXPE) recently announced its first-quarter earnings, revealing a mixed performance. The company faced a slowdown in U.S. demand, resulting in just 6% growth in room bookings and a modest 4% rise in gross bookings. Despite these challenges, revenue climbed 3% to reach $2.99 billion, though this figure fell short of analysts' expectations. However, the profit stood at $0.40 per share, exceeding forecasts by $0.04, providing a silver lining to investors.
Wall Street Analysts Forecast
According to projections from 31 analysts, the average one-year price target for Expedia Group Inc (EXPE, Financial) is set at $201.88. Estimates range from a high of $290.00 to a low of $143.00, implying a promising potential upside of 19.46% from the current share price of $168.99. For a detailed breakdown of these estimates, please visit the Expedia Group Inc (EXPE) Forecast page.
With input from 37 brokerage firms, Expedia Group Inc (EXPE, Financial) holds an average brokerage recommendation score of 2.4, categorizing it as "Outperform." This rating system ranges from 1, indicating Strong Buy, to 5, signaling Sell, positioning Expedia as a strong candidate for investors seeking growth.
Additionally, GuruFocus estimates a one-year GF Value for Expedia Group Inc (EXPE, Financial) at $164.69. This suggests a slight downside of 2.54% from the current price of $168.99. The GF Value is a comprehensive measure of the stock's fair value, calculated based on historical price multiples, past business growth, and future performance projections. More comprehensive insights are available on the Expedia Group Inc (EXPE) Summary page.
