Trivago (TRVG)
NASDAQ:TRVG
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trivago
(NASDAQ:TRVG)
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Rating:64Neutral
Price Target:
$3.00
▲(11.94% Upside)
Action:ReiteratedDate:02/05/26
TRVG scores in the mid-range primarily due to a solid balance sheet but still-uneven profitability and cash-flow consistency. The latest earnings call added support via confident 2026 growth/EBITDA targets and improving operating metrics, while the technical picture remains mixed and valuation appears reasonable but not strongly discounted.
Positive Factors
Balance-sheet strength
A cash balance of EUR 130.9m and no long-term debt gives trivago durable liquidity and financial flexibility. That balance-sheet strength supports continued product and brand investment, cushions against travel-cycle shocks, and reduces solvency risk for multi-quarter initiatives.
Negative Factors
Volatile free cash flow
A ~71.5% decline in free cash flow in 2025 and historically choppy cash conversion reduce predictability of available cash for investments or shareholder returns. This variability constrains the firm's ability to steadily fund brand or product initiatives while maintaining margin targets.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance-sheet strength
A cash balance of EUR 130.9m and no long-term debt gives trivago durable liquidity and financial flexibility. That balance-sheet strength supports continued product and brand investment, cushions against travel-cycle shocks, and reduces solvency risk for multi-quarter initiatives.
Read all positive factors
trivago (TRVG) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$1.33B
Dividend YieldN/A
Average Volume (3M)29.81K
Price to Earnings (P/E)15.5
Beta (1Y)0.98
Revenue Growth17.38%
EPS GrowthN/A
CountryUS
Employees668
SectorCommunication Services
Sector Strength97
IndustryInternet Content & Information
Share Statistics
EPS (TTM)0.05
Shares Outstanding23,124,294
10 Day Avg. Volume32,638
30 Day Avg. Volume29,807
Financial Highlights & Ratios
PEG Ratio-0.11
Price to Book (P/B)0.82
Price to Sales (P/S)0.32
P/FCF Ratio54.03
Enterprise Value/Market Cap0.05
Enterprise Value/Revenue0.12
Enterprise Value/Gross Profit0.13
Enterprise Value/Ebitda5.20
Forecast
1Y Price Target
$4.80Price Target Upside79.10% Upside
Rating ConsensusHold
Number of Analyst Covering3
EPS Forecast (FY)0.04
Revenue Forecast (FY)$613.83M
trivago Business Overview & Revenue Model
Company Description
trivago N.V., together with its subsidiaries, operates a hotel and accommodation search platform in the United States, Germany, the United Kingdom, and internationally. It offers an online meta-search for hotels and accommodation through online tr...
How the Company Makes Money
Trivago generates revenue primarily through a cost-per-click (CPC) model, where it earns commissions each time a user clicks on a hotel listing that leads to the booking site. The company partners with numerous online travel agencies (OTAs) and ho...
trivago Key Performance Indicators (KPIs)
trivago Earnings Call Summary
Earnings Call Date:Feb 03, 2026
(Q4-2025)
| % Change Since: |
Next Earnings Date:May 04, 2026
Earnings Call Sentiment Positive
The call presented a strongly positive operational and financial progress story: robust revenue growth (27% Q4, 19% full year), improving unit economics and conversion driven by AI and product improvements, expanding member revenue, Book & Go and CPA traction, and a healthy balance sheet with no long-term debt. Offsetting risks include materially higher operating and brand marketing spend that reduced ROAS, ~5% FX headwinds, tougher comps in early-2026, and some regional demand shifts. Management reiterated double-digit revenue guidance and a target of at least EUR 20M adjusted EBITDA for 2026, signaling confidence in continued profitable growth while dialing brand spend growth down over time.Positive Updates
Strong Top-Line Growth
Q4 2025 total revenue of EUR 120.0M, up 27% year-over-year; full-year 2025 total revenue up 19% year-over-year.
Negative Updates
Significant Increase in Operating and Marketing Spend
Q4 operational expenses rose by EUR 26M to EUR 113M, driven mainly by a EUR 19.7M increase in selling & marketing tied to higher brand marketing and costs from the trivago DEALS (Holisto) acquisition.
Read all updates
Q4-2025 Updates
Positive
Negative
Strong Top-Line Growth
Q4 2025 total revenue of EUR 120.0M, up 27% year-over-year; full-year 2025 total revenue up 19% year-over-year.
Read all positive updates
Company Guidance
Trivago guided to double-digit total revenue growth in 2026 and is targeting at least EUR 20 million of adjusted EBITDA (up from FY‑2025 adjusted EBITDA of EUR 15.8m), expects Q1 2026 to be its fifth consecutive quarter of double‑digit revenue growth with higher profitability, and reiterated a medium‑term aspiration toward roughly a 10% adjusted EBITDA margin while keeping headcount stable and leveraging AI. Management said brand spend will continue to scale but at a substantially lower, degressive pace, noted an encouraging January start despite ~5% FX headwinds, highlighted a strong balance sheet (EUR 130.9m cash, no long‑term debt), and referenced recent operating metrics to frame the outlook: Q4 revenue EUR 120m (+27% YoY), FY revenue +19% YoY, Q4 adjusted EBITDA EUR 11.3m and Q4 net income EUR 14.5m; Q4 Referral revenue growth by region: Americas +20%, Rest of World +16%, Developed Europe +15%; global ROAS down to 147.9% (from 162.9%); Book & Go +137% vs Q4 2023, conversion +37% vs 2023, members now >25% of Referral revenue (↑93% vs Q4 2023), and >140 partners on the transaction‑based CPA model (now >25% of Referral revenue).trivago Financial Statement Overview
Summary
Income Statement
56
Neutral
Balance Sheet
72
Positive
Cash Flow
58
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 548.91M | 460.85M | 485.03M | 535.00M | 361.46M |
| Gross Profit | 533.82M | 449.58M | 473.06M | 522.31M | 349.96M |
| EBITDA | 10.04M | -24.48M | -147.30M | -114.06M | 32.03M |
| Net Income | 11.22M | -23.70M | -164.48M | -127.22M | 10.70M |
Balance Sheet | |||||
| Total Assets | 358.45M | 300.72M | 325.07M | 691.59M | 834.52M |
| Cash, Cash Equivalents and Short-Term Investments | 142.81M | 133.75M | 127.07M | 293.58M | 256.38M |
| Total Debt | 36.34M | 38.43M | 40.73M | 45.27M | 47.54M |
| Total Liabilities | 145.15M | 103.11M | 110.05M | 129.86M | 140.74M |
| Stockholders Equity | 213.30M | 197.60M | 215.02M | 561.74M | 693.78M |
Cash Flow | |||||
| Free Cash Flow | 3.22M | 17.45M | 24.29M | 62.29M | 28.75M |
| Operating Cash Flow | 7.73M | 20.25M | 27.80M | 66.27M | 32.54M |
| Investing Cash Flow | -9.23M | 12.22M | 16.29M | -54.91M | 10.02M |
| Financing Cash Flow | -1.26M | -774.00K | -190.44M | -19.62M | 1.05M |
trivago Technical Analysis
Negative
2.68
Price Trends
2.87
Negative
2.89
Negative
3.16
Negative
Market Momentum
-0.02
Positive
41.72
Neutral
35.94
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TRVG, the sentiment is Negative. The current price of 2.68 is below the 20-day moving average (MA) of 2.79, below the 50-day MA of 2.87, and below the 200-day MA of 3.16, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 41.72 is Neutral, neither overbought nor oversold. The STOCH value of 35.94 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TRVG.
trivago Risk Analysis
trivago disclosed 57 risk factors in its most recent earnings report. trivago reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
trivago Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
82 Outperform | $1.37B | 11.67 | 11.26% | 5.47% | 30.00% | -9.72% | |
71 Outperform | $1.52B | 13.22 | 19.96% | ― | 5.35% | 33.74% | |
65 Neutral | $606.78M | 14.82 | 7.88% | 7.14% | 13.06% | 66.19% | |
64 Neutral | $1.33B | 15.50 | 5.63% | ― | 17.38% | ― | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
56 Neutral | $34.32B | 208.29 | 2.48% | ― | -87.55% | 336.73% | |
51 Neutral | $550.57M | -14.97 | -12.56% | ― | 6.65% | 50.32% |
* Communication Services Sector Average
TRVG
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2.68
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trivago Corporate Events
trivago Posts Strong Q4 and 2025 Results on Brand-Led, AI-Driven Growth
Feb 3, 2026
On February 3, 2026, Düsseldorf-based trivago reported unaudited results for the fourth quarter and full year ended December 31, 2025, highlighting a strong rebound in both growth and profitability. Fourth-quarter 2025 total revenue rose 27% ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.