Expedia Group (NASDAQ:EXPE – Get Free Report) had its price target raised by B. Riley Financial from $350.00 to $390.00 in a note issued to investors on Thursday, Marketbeat reports. The firm currently has a “buy” rating on the online travel company’s stock. B. Riley Financial’s target price would suggest a potential upside of 25.53% from the company’s current price.
EXPE has been the subject of a number of other research reports. Susquehanna upped their price target on shares of Expedia Group from $240.00 to $250.00 and gave the stock a “neutral” rating in a report on Monday, May 11th. Benchmark lifted their price objective on shares of Expedia Group from $290.00 to $360.00 and gave the company a “buy” rating in a research note on Thursday. The Goldman Sachs Group restated a “buy” rating and set a $330.00 price objective on shares of Expedia Group in a research report on Monday, July 20th. Morgan Stanley raised their target price on Expedia Group from $290.00 to $300.00 and gave the company an “equal weight” rating in a report on Thursday, July 30th. Finally, Piper Sandler reiterated a “neutral” rating and issued a $325.00 price target (up from $245.00) on shares of Expedia Group in a research note on Thursday. Seventeen analysts have rated the stock with a Buy rating and twenty-two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $310.88.
Check Out Our Latest Stock Report on Expedia Group
Expedia Group Stock Up 1.3%
Expedia Group (NASDAQ:EXPE – Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The online travel company reported $5.76 earnings per share for the quarter, topping the consensus estimate of $5.22 by $0.54. The business had revenue of $4.32 billion during the quarter, compared to analysts’ expectations of $4.17 billion. Expedia Group had a net margin of 12.97% and a return on equity of 87.32%. Expedia Group’s revenue was up 14.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $4.24 earnings per share. Sell-side analysts forecast that Expedia Group will post 17.18 earnings per share for the current fiscal year.
Insider Buying and Selling
In other Expedia Group news, insider Robert J. Dzielak sold 4,702 shares of the business’s stock in a transaction on Friday, June 5th. The shares were sold at an average price of $233.00, for a total transaction of $1,095,566.00. Following the sale, the insider owned 105,448 shares of the company’s stock, valued at approximately $24,569,384. The trade was a 4.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CAO Lance A. Soliday sold 940 shares of the company’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $221.86, for a total transaction of $208,548.40. Following the transaction, the chief accounting officer owned 14,083 shares of the company’s stock, valued at $3,124,454.38. This trade represents a 6.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 5.20% of the company’s stock.
Hedge Funds Weigh In On Expedia Group
Several large investors have recently bought and sold shares of the company. Windacre Partnership LLC boosted its stake in shares of Expedia Group by 9.2% during the third quarter. Windacre Partnership LLC now owns 3,682,100 shares of the online travel company’s stock valued at $787,049,000 after purchasing an additional 309,900 shares in the last quarter. AQR Capital Management LLC grew its holdings in shares of Expedia Group by 25.0% during the third quarter. AQR Capital Management LLC now owns 3,645,732 shares of the online travel company’s stock worth $779,275,000 after purchasing an additional 728,063 shares during the last quarter. Invesco Ltd. increased its stake in shares of Expedia Group by 8.0% in the third quarter. Invesco Ltd. now owns 3,122,842 shares of the online travel company’s stock valued at $667,507,000 after buying an additional 230,176 shares during the period. Norges Bank bought a new position in Expedia Group in the 4th quarter valued at approximately $861,979,000. Finally, Wellington Management Group LLP raised its holdings in Expedia Group by 24,899.5% in the 3rd quarter. Wellington Management Group LLP now owns 1,808,466 shares of the online travel company’s stock valued at $386,560,000 after buying an additional 1,801,232 shares during the last quarter. 90.76% of the stock is currently owned by institutional investors.
Key Expedia Group News
Here are the key news stories impacting Expedia Group this week:
- Positive Sentiment: Q2 results exceeded expectations. Expedia reported adjusted earnings of $5.76 per share versus the $5.22 consensus estimate, while revenue increased 14% year over year to $4.32 billion, topping forecasts of $4.17 billion. Stronger brands, B2B momentum and cost discipline supported the performance. Expedia Group Q2 Earnings and Revenues Beat Estimates
- Positive Sentiment: Management raised its outlook. Expedia increased its annual revenue forecast and expects fiscal 2026 gross bookings of approximately $129.5 billion to $130.8 billion. It also raised its expected adjusted EBITDA margin expansion to 150–175 basis points, citing resilient domestic travel demand. Expedia raises annual forecast on resilient domestic travel demand
- Positive Sentiment: Analyst sentiment remains broadly favorable. B. Riley raised its price target to $390 and kept a Buy rating, BTIG lifted its target to $350 and maintained Buy, and Wedbush reaffirmed Outperform with a $334 target. RBC also increased its target to $330, although it retained a Sector Perform rating.
- Positive Sentiment: AI and B2B investments are viewed as additional growth engines. Expedia highlighted artificial-intelligence initiatives and the expansion of its B2B business as supports for longer-term growth following the strong quarter. Expedia Leans on AI and B2B Growth to Lift Outlook
- Neutral Sentiment: Wells Fargo raised its target modestly to $307 but maintained an Equal Weight rating, implying limited upside at recent trading levels. Cantor Fitzgerald also kept a Neutral rating after raising its target to $310.
- Neutral Sentiment: Expedia declared a quarterly dividend of $0.48 per share, with payment scheduled for September 17, offering a relatively small annualized yield of about 0.6%.
- Negative Sentiment: Some European markets remain soft, creating a regional demand risk despite stronger domestic travel and the upgraded companywide outlook.
About Expedia Group
Expedia Group (NASDAQ: EXPE) is a global travel technology company that operates an online marketplace connecting consumers, travel suppliers and third‑party partners. The company’s platform enables search, comparison and booking of travel products and services, including hotels, airline tickets, vacation rentals, car rentals, cruises and packaged travel. Its portfolio comprises consumer-facing travel brands as well as corporate travel solutions and technology services that serve both leisure and business travelers.
Key offerings include consumer booking platforms and mobile apps that aggregate inventory from hotels, vacation rental managers, airlines and car rental companies, alongside ancillary travel services such as trip insurance and activities.
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