Multiple reports reveal a mix of sentiments towards Expedia Group (NASDAQ: EXPE). There is speculation about whether the online travel agency will beat estimates in its next earnings report, drawing attention to its previous strong Q4 performance. Notably, Morgan Stanley cut their price target for Expedia to $150.00. Despite this, many investment groups, including FMR LLC and Mariner LLC, have increased their stakes in the company, supporting the argument that the stock may be undervalued. However, Bessemer Group Inc. and Scotia Capital Inc. reduced their holdings.
Expedia recently saw a price dip due to the impact of tariff tensions. The company's strong Q4 results and dividend reinstatement led to a stock jump. Future potential seems to be recognized by several hedge funds, with one even suggesting it is the best high-risk stock to buy. Yet the stock also experienced one of its biggest ever falls, adding an element of unpredictability. As the travel industry recovers, Expedia stock's performance could likely be influenced by upcoming Q1 2025 results, potential partnerships, even as it continues to benefit from stronger U.S. travel trends.
Expedia Stocks EXPE News Analytics from Fri, 09 Aug 2024 07:00:00 GMT to Sat, 19 Apr 2025 16:43:49 GMT - Rating 4 - Innovation -2 - Information 6 - Rumor -8