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CFRA Hikes Price Target on Trip.com (TCOM), Maintains Hold Rating
CFRA Hikes Price Target on Trip.com (TCOM), Maintains Hold Rating

Yahoo

time28-05-2025

  • Business
  • Yahoo

CFRA Hikes Price Target on Trip.com (TCOM), Maintains Hold Rating

On Tuesday, CFRA analyst Siti Salikin raised the price target on Group Limited (NASDAQ:TCOM) to $65 from $60 while citing the stock's five-year P/E average of 41. Additionally, the analyst reiterated a Hold rating on the stock on concerns that the company's revenue growth will slow down to 14.8% in 2025. The growth rate is also expected to slow in 2026 to 13.5%. Nevertheless, the analyst remains optimistic about the company's long-term prospects owing to the anticipated resurgence of domestic travel and international tourism. The analyst also expects to benefit from visa-free policies between China and other countries. A recovery of cross-border flight capacities is also likely to strengthen the company's revenue base. is increasingly expanding into lower-tier cities in China. It's also broadening its range of product offerings as it seeks to unlock new growth opportunities. The only downside to the expansion drive is the expected spike in sales and marketing expenses. Increased operational costs are expected to trigger a dip in net margin in 2025. The company delivered solid first-quarter 2025 results. Revenue was up 16.2% year-over-year to 13.8 billion yuan as operating profit totaled 3.56 billion yuan, aligning with analysts' estimates. reported 3.56 billion yuan in operating profit, though its 80.4% gross margin dipped due to increased revenue from its own services. The company maintains a mid-teens growth forecast for Q2 and FY2025, fueled by rising international travel demand. Group Limited is a global travel platform that offers a wide range of travel products and services, including accommodation, flights, and other travel-related services. As a top choice in Asia and expanding worldwide, it helps travelers explore destinations, book cost-effective trips, access real-time support, and share experiences operates Ctrip, Qunar, and Skyscanner, driven by its mission: "To pursue the perfect trip for a better world." While we acknowledge the potential of Group Limited (NASDAQ:TCOM) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TCOM and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: and . Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

TD Cowen Maintains Buy Rating on Trip.com (TCOM), Lifts PT
TD Cowen Maintains Buy Rating on Trip.com (TCOM), Lifts PT

Yahoo

time21-05-2025

  • Business
  • Yahoo

TD Cowen Maintains Buy Rating on Trip.com (TCOM), Lifts PT

On May 20, TD Cowen Kevin Kopelman raised the price target on Group Limited (NASDAQ:TCOM) from $67 to $75 and maintained a Buy rating after the company logged strong revenue growth in Q1 FY2025. posted revenue of $1.92 billion, surpassing estimates by $1.15 million and up by 16% from a year ago. Kopelman remains optimistic about based on several factors, including its strong performance and strategic market positioning. A busy airport terminal full of travelers eager to utilize the company's services. The analyst cites continued domestic market growth and international expansion as key growth factors. The company's inbound travel booking soared over 100% year-over-year in Q1, driven by increased global visibility and favorable visa policies. The analyst believes advertising spending was a key strategic move that fueled international growth, especially in Asia. This will potentially drive long-term revenue growth, according to Kopelman. Group Limited's (NASDAQ:TCOM) travel bookings on its international OTA platform increased by 60% from a year ago. Moreover, the company's net cash and investments of around $12.8 billion also add to the positive outlook. While we acknowledge the potential of TCOM to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TCOM and that has 100x upside potential, check out our report about this cheapest AI stock. Read Next: and . Disclosure. None.

TD Cowen Maintains Buy Rating on Trip.com (TCOM), Lifts PT
TD Cowen Maintains Buy Rating on Trip.com (TCOM), Lifts PT

Yahoo

time21-05-2025

  • Business
  • Yahoo

TD Cowen Maintains Buy Rating on Trip.com (TCOM), Lifts PT

On May 20, TD Cowen Kevin Kopelman raised the price target on Group Limited (NASDAQ:TCOM) from $67 to $75 and maintained a Buy rating after the company logged strong revenue growth in Q1 FY2025. posted revenue of $1.92 billion, surpassing estimates by $1.15 million and up by 16% from a year ago. Kopelman remains optimistic about based on several factors, including its strong performance and strategic market positioning. A busy airport terminal full of travelers eager to utilize the company's services. The analyst cites continued domestic market growth and international expansion as key growth factors. The company's inbound travel booking soared over 100% year-over-year in Q1, driven by increased global visibility and favorable visa policies. The analyst believes advertising spending was a key strategic move that fueled international growth, especially in Asia. This will potentially drive long-term revenue growth, according to Kopelman. Group Limited's (NASDAQ:TCOM) travel bookings on its international OTA platform increased by 60% from a year ago. Moreover, the company's net cash and investments of around $12.8 billion also add to the positive outlook. While we acknowledge the potential of TCOM to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TCOM and that has 100x upside potential, check out our report about this cheapest AI stock. Read Next: and . Disclosure. None. Sign in to access your portfolio

Trip.com: Q1 Earnings Snapshot
Trip.com: Q1 Earnings Snapshot

Yahoo

time20-05-2025

  • Business
  • Yahoo

Trip.com: Q1 Earnings Snapshot

SINGAPORE (AP) — SINGAPORE (AP) — Group Limited (TCOM) on Monday reported net income of $591 million in its first quarter. On a per-share basis, the Singapore-based company said it had net income of 84 cents. Earnings, adjusted for non-recurring gains, came to 82 cents per share. The travel services company posted revenue of $1.91 billion in the period. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on TCOM at Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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