Trip.com Group Sponsored ADR (TCOM – Research Report), the Consumer Cyclical sector company, was revisited by a Wall Street analyst today. Analyst Fawne Jiang from Benchmark Co. reiterated a Buy rating on the stock and has a $80.00 price target.
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Fawne Jiang has given his Buy rating due to a combination of factors that highlight Trip.com Group’s strong performance and strategic positioning. The company reported impressive first-quarter results with a 16% year-over-year revenue growth and exceeded profitability expectations, driven by resilient leisure travel demand and strong international travel trends. Management’s reaffirmation of their guidance for the second quarter and full year 2025, targeting mid-teens growth, underscores confidence in their operational strategy.
Trip.com’s global expansion efforts, particularly through aggressive marketing and AI integration, are expected to enhance user engagement and operational efficiency. Despite macroeconomic uncertainties, the company’s digital transformation, geographic diversification, and operational leverage are seen as key strengths that position it to gain market share and outperform competitors. The company’s focus on international diversification and expansion into emerging markets further supports its long-term growth prospects, making it a top pick with a reiterated $80 price target.
In another report released today, TD Cowen also maintained a Buy rating on the stock with a $73.00 price target.