Expedia price target raised to $360 from $300 at B. Riley

B. Riley raised the firm’s price target on Expedia (EXPE) to $360 from $300 and keeps a Buy rating on the shares. Expedia is expected to deliver healthy revenue growth and margin expansion in 2026, supported by B2B strength, B2C recovery, and robust ad and ancillary revenue, with margins aided by marketing efficiencies, cost discipline, and AI-driven savings, the analyst tells investors in a research note. Strong free cash flow should sustain an active share buyback program, making the risk/reward profile attractive, B. Riley says.