JPMorgan Chase & Co. Issues Pessimistic Forecast for TripAdvisor (NASDAQ:TRIP) Stock Price

TripAdvisor (NASDAQ:TRIP) had its price objective cut by analysts at JPMorgan Chase & Co. from $12.00 to $11.00 in a research note issued on Friday,Benzinga reports. The firm currently has an “underweight” rating on the travel company’s stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 5.01% from the company’s current price.

Other equities analysts also recently issued research reports about the company. B. Riley Financial lowered their price target on TripAdvisor from $18.00 to $13.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 18th. DA Davidson reduced their price objective on TripAdvisor from $16.25 to $11.00 and set a “neutral” rating for the company in a report on Tuesday, February 17th. Zacks Research cut TripAdvisor from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 18th. Wedbush dropped their price objective on TripAdvisor from $15.00 to $12.00 and set a “neutral” rating for the company in a report on Friday, February 13th. Finally, The Goldman Sachs Group decreased their target price on TripAdvisor from $25.00 to $22.00 and set a “buy” rating on the stock in a research report on Tuesday, February 17th. Four analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and five have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus price target of $14.37.

TripAdvisor Trading Down 6.7%

Shares of NASDAQ:TRIP traded down $0.76 during midday trading on Friday, hitting $10.48. The company had a trading volume of 1,882,672 shares, compared to its average volume of 3,486,429. The firm has a fifty day simple moving average of $10.51 and a 200 day simple moving average of $12.86. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 1.33. The stock has a market cap of $1.20 billion, a price-to-earnings ratio of 34.90, a PEG ratio of 1.89 and a beta of 0.91. TripAdvisor has a 12 month low of $9.01 and a 12 month high of $20.16.

TripAdvisor (NASDAQ:TRIP) last posted its earnings results on Thursday, May 7th. The travel company reported ($0.11) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.08). The business had revenue of $382.40 million for the quarter, compared to the consensus estimate of $384.69 million. TripAdvisor had a return on equity of 10.67% and a net margin of 2.12%.The business’s revenue was down 4.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.14 earnings per share. On average, analysts predict that TripAdvisor will post 0.74 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Essex Investment Management Co. LLC grew its position in shares of TripAdvisor by 75.7% during the 3rd quarter. Essex Investment Management Co. LLC now owns 1,523 shares of the travel company’s stock valued at $25,000 after purchasing an additional 656 shares in the last quarter. Covestor Ltd lifted its stake in TripAdvisor by 64.8% in the third quarter. Covestor Ltd now owns 1,770 shares of the travel company’s stock worth $29,000 after purchasing an additional 696 shares during the last quarter. UMB Bank n.a. lifted its stake in TripAdvisor by 295.2% in the fourth quarter. UMB Bank n.a. now owns 2,300 shares of the travel company’s stock worth $33,000 after purchasing an additional 1,718 shares during the last quarter. Kestra Advisory Services LLC bought a new stake in TripAdvisor in the fourth quarter worth $33,000. Finally, Rockefeller Capital Management L.P. lifted its stake in TripAdvisor by 192.5% in the fourth quarter. Rockefeller Capital Management L.P. now owns 2,767 shares of the travel company’s stock worth $40,000 after purchasing an additional 1,821 shares during the last quarter. 98.99% of the stock is currently owned by hedge funds and other institutional investors.

Key TripAdvisor News

Here are the key news stories impacting TripAdvisor this week:

• Positive Sentiment: BTIG Research reaffirmed its buy rating on TripAdvisor and set a $15 price target, implying meaningful upside from current levels.
• Neutral Sentiment: TripAdvisor said it has made “good progress” on selling TheFork and is exploring LLM data deals, which could create optionality but remains early-stage and uncertain. Article Title
• Negative Sentiment: Q1 earnings missed estimates, with a larger-than-expected loss and weaker revenue, highlighting ongoing demand and margin pressure in the travel business. Article Title
• Negative Sentiment: The company’s reported quarterly revenue declined 4% from a year ago, reinforcing concerns that growth is slowing and profitability may remain challenged.

TripAdvisor Company Profile

TripAdvisor (NASDAQ:TRIP) is a leading online travel company that operates a digital platform for travel information, reviews and booking services. The company’s flagship website and mobile apps allow users to access and contribute travel-related content—ranging from hotel and restaurant reviews to ratings for tours, attractions and vacation rentals—helping consumers plan and book trips around the world.

The core of TripAdvisor’s offering is its community-driven review system, which aggregates user-generated feedback alongside editorial content and professional photography.