
Trip.com (TCOM) Stock Forecast & Price Target
Trip.com (TCOM) Analyst Ratings
Bulls say
Trip.com Group is experiencing robust revenue growth, with an expected mid-teens percentage increase year-over-year, driven by both domestic and outbound travel expansion and the company's international OTA brand. In terms of financial performance, accommodation reservations grew by 23% year-over-year, while outbound travel surged in the high teens and international travel by over 30%, indicating strong momentum for the company. Furthermore, the forecast for cross-border capabilities from mainland China suggests a potential recovery exceeding 90% of 2019 levels by the end of 2025, reflecting sustained demand for travel and double-digit annual growth opportunities.
Bears say
Trip.com Group's financial outlook is negatively influenced by persistent declines in domestic hotel pricing year-over-year, despite easier comparisons attributed to supply growth, which has impacted gross margins. Additionally, there are concerns about slowing revenue growth in outbound travel, with expectations of a 12-17% increase, which is approximately 200 basis points weaker than anticipated, reflecting a contraction in consumer travel spending during a potentially worsening global economy. Furthermore, the company's competitive landscape is challenging, as it must navigate risks associated with innovation and the competitive positioning within the crowded online travel agent industry in China.
This aggregate rating is based on analysts' research of Trip.com and is not a guaranteed prediction by Public.com or investment advice.
Trip.com (TCOM) Analyst Forecast & Price Prediction
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