B. Riley Securities initiated coverage on Despegar.com with a new price target
$DESP
Transportation Services
Consumer Discretionary
B. Riley Securities initiated coverage of Despegar.com with a rating of Buy and set a new price target of $10.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/24/2024 | Sell → Hold | TD Cowen | |
| 11/25/2024 | $12.00 → $14.00 | Buy → Sell | TD Cowen |
| 4/29/2024 | $11.50 → $14.50 | Buy → Neutral | Citigroup |
| 3/7/2024 | $11.00 | Overweight | Cantor Fitzgerald |
| 8/11/2023 | $6.50 → $13.00 | Equal-Weight → Overweight | Morgan Stanley |
| 6/22/2023 | $10.00 | Buy | B. Riley Securities |
| 8/26/2022 | $15.00 → $12.00 | Buy | Citigroup |
| 1/25/2022 | Neutral → Buy | Citigroup |
4Q24 Revenue increased Rising 8.7% YoY to $221.4 Million and adjusted EBITDA Increased 18% YoY to $51.5 million, FY24 Revenue Grew 10% YoY and Adjusted EBITDA Increased 52% YoY Despegar.com, Corp. (NYSE:DESP) ("Despegar" or the "Company"), Latin America's leading travel technology company, today announced unaudited financial results for the three-months ended December 31, 2024 ("Fourth quarter 2024" or "4Q24") and full year 2024 ("FY24"). Financial results are expressed in U.S. dollars and are presented in accordance with U.S. generally accepted accounting principles ("U.S. GAAP"). Financial results are preliminary and subject to year-end audit and adjustments. All comparisons in this ann
Record profitability with 3Q24 Adjusted EBITDA up 94% YoY and Revenues Increasing 9% YoY; Raising FY24 Adjusted EBITDA Guidance Despegar.com, Corp. (NYSE:DESP) ("Despegar" or the "Company"), Latin America's leading travel technology company, today announced unaudited financial results for the three-months ended September 30, 2024 ("third quarter 2024" or "3Q24"). Financial results are expressed in U.S. dollars and are presented in accordance with U.S. generally accepted accounting principles ("U.S. GAAP"). Financial results are preliminary and subject to year-end audit and adjustments. All comparisons in this announcement are year-over-year ("YoY"), unless otherwise noted. 3Q24 Financia
Despegar.com, Corp. (NYSE:DESP) ("Despegar" or the "Company"), Latin America's leading travel technology company, today announced that it will report its Third Quarter 2024 results on Thursday, November 14, after the market close. Earnings Release Thursday, November 14, 2024 Time: After Market Close Conference Call Thursday, November 14, 2024 Time: 4:30 p.m. Eastern Time To participate, please dial +1 (888) 330-2413 (U.S. domestic) +1 (240) 789-2721 (International) Please press # to be connected to an operator Pre-Register for the conference call Please use the following link to pre-register for this conference call. Callers who pre-register will be given a unique PIN to gain immediat
SC 13G/A - Despegar.com, Corp. (0001703141) (Subject)
SC 13G/A - Despegar.com, Corp. (0001703141) (Subject)
SC 13D/A - Despegar.com, Corp. (0001703141) (Subject)
4Q24 Revenue increased Rising 8.7% YoY to $221.4 Million and adjusted EBITDA Increased 18% YoY to $51.5 million, FY24 Revenue Grew 10% YoY and Adjusted EBITDA Increased 52% YoY Despegar.com, Corp. (NYSE:DESP) ("Despegar" or the "Company"), Latin America's leading travel technology company, today announced unaudited financial results for the three-months ended December 31, 2024 ("Fourth quarter 2024" or "4Q24") and full year 2024 ("FY24"). Financial results are expressed in U.S. dollars and are presented in accordance with U.S. generally accepted accounting principles ("U.S. GAAP"). Financial results are preliminary and subject to year-end audit and adjustments. All comparisons in this ann
Despegar.com, Corp. (NYSE:DESP) ("Despegar" or the "Company"), Latin America's leading travel technology company, announces a strategic partnership with HBX Group, a leading independent B2B travel technology marketplace. This collaboration marks a relevant step towards expanding Despegar's service offerings, particularly by integrating HBX Group's European and North American non-air inventory into Despegar's platform. Through this partnership Despegar plans to offer its customers—both B2C and B2B—wider access to HBX Group's diverse range of accommodations and travel solutions. By leveraging HBX Group's inventory, Despegar aims to further enhance its travel packages and lodging offerings,
Prosus, a global technology company, today announces that it has entered into a definitive agreement to acquire Despegar (NYSE:DESP) a leading Latin American Online Travel Agency (OTA), for $19.50 per share, equating to a 33% premium to the closing share price as of 20 December 2024, and a 34% premium to Despegar's 90-day VWAP (volume weighted average price). The proposed transaction was approved by Despegar's board of directors, who recommended that Despegar shareholders vote in favour of the proposed transaction following the unanimous recommendation by a transaction committee. The transaction introduces a significant and compelling addition to Prosus's Latin America ecosystem, which, p
Despegar.com, Corp. (NYSE:DESP) ("Despegar" or the "Company"), Latin America's leading online travel company, today announced that Mr. Amit Singh has been appointed Chief Financial Officer (CFO), effective August 21, 2023. Mr. Singh brings significant financial and capital market experience to Despegar and will be responsible for overseeing Despegar's Finance, Accounting, Tax and Treasury operations and Investor Relations. He will report to Damián Scokin, Chief Executive Officer (CEO). Mr. Singh comes to Despegar with over 15 years of finance experience, including most recently as the CFO of Nasdaq-listed AgileThought, a global provider of digital transformation services and custom softwa
Ramiro Lauzan Appointed to Despegar's Board as well as Nomination & Compensation and Strategy Committees Dirk Donath Resigned as Director and Will Continue to Serve as Observer of the Board Despegar.com, Corp. (NYSE:DESP) ("Despegar"), the leading online travel company in Latin America, today announced that Dirk Donath, a member of the board of directors of the Company appointed by LCLA Daylight LP, an affiliate of L Catterton Latin America III, L.P., has resigned as a director and member of the Board's Nomination & Compensation and Strategy committees, effective June 24, 2022, in connection with a rotation by L Catterton of its appointed directors. Mr. Donath will continue to serve as an
TD Cowen upgraded Despegar.com from Sell to Hold
TD Cowen downgraded Despegar.com from Buy to Sell and set a new price target of $14.00 from $12.00 previously
Citigroup downgraded Despegar.com from Buy to Neutral and set a new price target of $14.50 from $11.50 previously
6-K - Despegar.com, Corp. (0001703141) (Filer)
20-F - Despegar.com, Corp. (0001703141) (Filer)
6-K - Despegar.com, Corp. (0001703141) (Filer)