The **Expedia Group (NASDAQ:EXPE)** experienced a surge in trading volume yet opinions about its viability as a purchase remain divided. The stock has seen a 24% uptick this year which some feel reflects a potential growth opportunity in the recovering tourism sector. An analyst upgrade has led to stock gains and Nisa Investment Advisors LLC have increased their position. Expedia's 'One Key' program has notably contributed to a 60% stock surge. However, concerns also exist with CEO Dara Khosrowshahi selling $1.85 million in stock and the group garnering consensus of a 'Hold' recommendation from brokerages. Wells Fargo & Company and Barclays predict a substantial price appreciation and growing investments from key partners suggested confidence in the company's future performance. Mixed Q3 results involving Airbnb led to stock fluctuation but the company managed to surpass Q3 sales targets, causing the stock to soar 8.1%. An optimistic forecast includes **Expedia Group** shares hitting a high of $236.00. In spite of some challenges, Expedia seems poised for future growth.
Expedia Stocks EXPE News Analytics from Thu, 02 May 2024 07:00:00 GMT to Fri, 24 Jan 2025 21:58:32 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor 4
