Expedia: Resilient Demand and Attractive Valuation Support Maintained Buy Rating

BTIG analyst Jake Fuller has maintained their bullish stance on EXPE stock, giving a Buy rating on March 13.

Jake Fuller’s rating is based on evidence that several recent macro concerns are unlikely to materially impair Expedia’s near‑term performance. He notes that fears around AI disruption have moderated, and his review of past events, management commentary, and data suggests that harsh winter weather, higher U.S. gas prices, and Middle East tensions should have limited impact given Expedia’s exposure mix and historical resilience to similar shocks.

At the same time, his proprietary checks on site traffic, U.S. credit card receipts, and app usage indicate accelerating trends and room‑night growth that could exceed both company guidance and consensus expectations for the first quarter. Combined with what he sees as an attractive valuation—shares trading at modest earnings and EBITDA multiples relative to projected low‑double‑digit EBITDA and 20%+ EPS growth—these factors underpin his decision to maintain a Buy rating on EXPE.

In another report released on March 13, Bank of America Securities also reiterated a Buy rating on the stock with a $306.00 price target.

EXPE’s price has also changed slightly for the past six months – from $224.980 to $231.460, which is a 2.88% increase.