Expedia Group, Inc. (EXPE) has been generating significant buzz surrounding its Q4 results and overall performance. Positive Q4 results have been a catalyst for a surge in the price of Expedia's stock. Several firms like Savant Capital LLC, BayBridge Capital Group LLC, Certuity LLC, and Forsta AP Fonden have increased their stake in EXPE, signaling their confidence in the company's prospects. Even as some entities reduced their holdings, others stepped in, portraying a shuffled but firm investor trust. The company’s stock has also seen continuous adjustments to its price target by Citigroup, BMO Capital Markets, Barclays, and Oppenheimer, further lifting sentiment. Despite mixed ratings, top analysts remain split on the future trajectory.
Expedia’s ‘One Key’ Program driving a 60% stock surge and the return of its dividend has also buoyed the market. Interestingly, news about potential takeover interest by Uber sent the stock jumping. The reinstatement of dividends and raised full-year outlook stands as testimony to Expedia’s strong fundamentals. Even amid travel industry's gradual recovery and changing management, the company is seen as a potentially undervalued cyclical stock to invest in now.
Expedia Stocks EXPE News Analytics from Thu, 08 Aug 2024 07:00:00 GMT to Sat, 15 Feb 2025 17:06:43 GMT -
Rating 8
- Innovation 7
- Information 6
- Rumor 2
