Expedia Group downgraded by BofA Securities with a new price target
$EXPE
Transportation Services
Consumer Discretionary
BofA Securities downgraded Expedia Group from Buy to Neutral and set a new price target of $156.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/8/2024 | Buy → Hold | Deutsche Bank | |
| 9/25/2024 | $130.00 → $150.00 | Buy → Hold | TD Cowen |
| 9/6/2024 | $148.00 | Hold | Truist |
| 9/5/2024 | $130.00 | Neutral | Cantor Fitzgerald |
| 5/3/2024 | $175.00 → $145.00 | Overweight → Neutral | Piper Sandler |
| 5/3/2024 | $165.00 → $145.00 | Outperform → Market Perform | BMO Capital Markets |
| 2/9/2024 | $156.00 | Buy → Neutral | BofA Securities |
| 1/9/2024 | $181.00 | Outperform | BMO Capital Markets |
8-K - Expedia Group, Inc. (0001324424) (Filer)
144 - Expedia Group, Inc. (0001324424) (Subject)
144 - Expedia Group, Inc. (0001324424) (Subject)
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4 - Expedia Group, Inc. (0001324424) (Issuer)
4 - Expedia Group, Inc. (0001324424) (Issuer)
SC 13G/A - Expedia Group, Inc. (0001324424) (Subject)
SC 13D/A - Expedia Group, Inc. (0001324424) (Subject)
SC 13G/A - Expedia Group, Inc. (0001324424) (Subject)
Continued strength in room night growth at 9% Sequential acceleration in gross bookings growth to 7% Raises full-year guidance Announces Chief Financial Officer transition Expedia Group, Inc. (NASDAQ:EXPE) announced financial results today for the third quarter ended September 30, 2024. Third Quarter Highlights Booked room nights grew 9% compared to 2023, with Brand Expedia growing at mid-teens. Total gross bookings of $27.5 billion grew 7% compared to 2023, a more than 150 basis point acceleration from the second quarter. B2C gross bookings increased 3% year-over-year, a 2-point acceleration from the second quarter. B2B had yet another strong quarter with gross bookings up 19% y
Expedia Group (NASDAQ:EXPE) will report its third quarter 2024 results for the period ended September 30, 2024, on Thursday, November 7, 2024 via an earnings release and accompanying webcast. These items will be available in the Investor Relations section of the company's corporate website at http://ir.expediagroup.com. The earnings release will post after market close and the webcast will begin at 1:30 PM Pacific Time / 4:30 PM Eastern Time. A replay of the call is expected to be available for approximately twelve months. About Expedia Group Expedia Group, Inc. brands power travel for everyone, everywhere through our global platform. Driven by the core belief that travel is a force for g
Posts double-digit room night growth Drove 3 points of sequential acceleration in gross bookings growth to 6% Expedia Group, Inc. (NASDAQ:EXPE) announced financial results today for the second quarter ended June 30, 2024. "Our second quarter results came in at the high end of our expectations, with gross bookings and revenue growing 6%. We're pleased with our momentum and the sequential improvement in our consumer brands. However, in July, we have seen a more challenging macro environment and a softening in travel demand. We are therefore adjusting our expectations for the rest of the year," said Ariane Gorin, CEO of Expedia Group. Second Quarter Highlights Total gross bookings w
Continued strength in room night growth at 9% Sequential acceleration in gross bookings growth to 7% Raises full-year guidance Announces Chief Financial Officer transition Expedia Group, Inc. (NASDAQ:EXPE) announced financial results today for the third quarter ended September 30, 2024. Third Quarter Highlights Booked room nights grew 9% compared to 2023, with Brand Expedia growing at mid-teens. Total gross bookings of $27.5 billion grew 7% compared to 2023, a more than 150 basis point acceleration from the second quarter. B2C gross bookings increased 3% year-over-year, a 2-point acceleration from the second quarter. B2B had yet another strong quarter with gross bookings up 19% y
SEATTLE, Oct. 17, 2024 /PRNewswire/ -- Expedia Group (NASDAQ:EXPE) announced the appointment of Ramana Thumu as the company's Chief Technology Officer. Ramana will lead Expedia Group's technology organization, overseeing engineering, data, artificial intelligence, cloud platforms, and security, while capitalizing on the company's tech and platform investments in recent years. "I am thrilled to welcome Ramana to our leadership team as our new Chief Technology Officer. Ramana's extensive experience in successfully building and managing multi-tenant tech platforms will be invalua
Expedia Group (NASDAQ:EXPE) will report its third quarter 2024 results for the period ended September 30, 2024, on Thursday, November 7, 2024 via an earnings release and accompanying webcast. These items will be available in the Investor Relations section of the company's corporate website at http://ir.expediagroup.com. The earnings release will post after market close and the webcast will begin at 1:30 PM Pacific Time / 4:30 PM Eastern Time. A replay of the call is expected to be available for approximately twelve months. About Expedia Group Expedia Group, Inc. brands power travel for everyone, everywhere through our global platform. Driven by the core belief that travel is a force for g
Deutsche Bank downgraded Expedia Group from Buy to Hold
TD Cowen downgraded Expedia Group from Buy to Hold and set a new price target of $150.00 from $130.00 previously
Truist initiated coverage of Expedia Group with a rating of Hold and set a new price target of $148.00
SEATTLE, Oct. 17, 2024 /PRNewswire/ -- Expedia Group (NASDAQ:EXPE) announced the appointment of Ramana Thumu as the company's Chief Technology Officer. Ramana will lead Expedia Group's technology organization, overseeing engineering, data, artificial intelligence, cloud platforms, and security, while capitalizing on the company's tech and platform investments in recent years. "I am thrilled to welcome Ramana to our leadership team as our new Chief Technology Officer. Ramana's extensive experience in successfully building and managing multi-tenant tech platforms will be invalua
Romie, the AI-powered travel buddy you want to 'roam' the world with, is unveiled alongside 40+ new features in the 2024 Spring Release Travel Shops open for business; new e-commerce product debuts as first shoppable storefront for content creators Travel industry's leading advertising platform is announced with groundbreaking capabilities LAS VEGAS, May 14, 2024 /PRNewswire/ -- Traveling just got a whole lot easier. Expedia Group announced today at EXPLORE™, our annual partner conference in Las Vegas, the travel industry's most innovative and comprehensive release of 40+ new products and features — making picking a hotel that won't offend your hotel-obsessed companion or your budget a seaml
Following the succession from Peter Kern to Ariane Gorin, Expedia Group taps two long-time Expedia veterans to lead newly formed operating divisions SEATTLE, Feb. 21, 2024 /PRNewswire/ -- Expedia Group (NASDAQ:EXPE) today announced the appointment of Alfonso Paredes as President of Private Label Solutions and Greg Schulze as President of Travel Partners and Media, creating two new operating divisions within the Company. Ariane Gorin, current Expedia for Business president, scheduled to take over as CEO of Expedia Group in May, said, "Alfonso and Greg are proven leaders with gl
Expedia Group (NASDAQ:EXPE) has outperformed the market over the past 15 years by 1.96% on an annualized basis producing an average annual return of 14.27%. Currently, Expedia Group has a market capitalization of $18.00 billion. Buying $100 In EXPE: If an investor had bought $100 of EXPE stock 15 years ago, it would be worth $767.63 today based on a price of $138.84 for EXPE at the time of writing. Expedia Group's Performance Over Last 15 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content