Expedia Investment Thesis - The team maintains a high-conviction buy idea on Expedia (NASDAQ: EXPE) since initiating coverage in 2022 with the report titled "Something Doesn't Add Up" [1] - The stock has risen 75% since the initiation of coverage, but the team still believes in the company's potential [1] Analyst and Seeking Alpha Disclosures - The analyst has no stock, option, or derivative positions in Expedia or any other mentioned companies, and no plans to initiate such positions within the next 72 hours [2] - The article expresses the analyst's own opinions and is not influenced by compensation or business relationships with any mentioned companies [2] - Seeking Alpha's disclosure emphasizes that past performance does not guarantee future results and that the views expressed may not reflect those of Seeking Alpha as a whole [3]

Based on my analysis, Expedia (NASDAQ: EXPE ) presents a compelling investment opportunity for investors who are interested in gaining exposure in the global travel and tourism industry. Apart from industry tailwinds supporting EXPE, the company'sWith over 7 years of experience in the buy-side, my investment philosophy is rooted in both fundamental bottom-up analysis and quantitative modelling. My forte lies in identifying perception gaps to capitalize on over-pessimism and excessive exuberance. My objectiv ...

Investors interested in Internet - Commerce stocks are likely familiar with Expedia (EXPE) and Global-e Online Ltd. (GLBE) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revisio ...

Core Insights - Expedia Group is experiencing growth due to resilient travel demand, with an uplifted full-year guidance expecting 5% gross bookings growth driven by lodging and air business trends [1] - The company forecasts revenues of $13.6 billion for fiscal year 2024, representing a 6% year-over-year increase, with a revised valuation of approximately $185 per share [2] - Year-to-date, Expedia's stock is up about 24%, aligning with the S&P 500, while peer Tripadvisor has seen a decline of 36% [3] Financial Performance - In Q3, Expedia reported revenues of $4.06 billion, a 3% year-over-year increase, with total gross bookings reaching $27.5 billion, up 7% year-over-year [4] - The B2B segment showed strong performance with gross bookings up 19% year-over-year and revenue growth of 18% year-over-year to $1.2 billion [4] - The B2C segment saw gross bookings grow by 3%, but revenues fell slightly to $2.8 billion, despite mid-teens growth in room nights for Brand Expedia [4] Key Metrics - Lodging gross bookings reached $20 billion, an 8% increase, with hotel bookings climbing 10% [4] - Financial highlights include a 61% increase in net income and a 76% year-over-year growth in diluted EPS to $5.04 [4] - The company is undergoing a CFO transition, with Julie Whalen stepping down from her role and board position [4]

Core Viewpoint - BofA Securities analyst Justin Post upgraded Expedia Group, Inc. from Neutral to Buy, raising the price target from $187 to $221, citing early signs of improvement in U.S. leisure travel spending into 2025 [1]. Group 1: Financial Performance and Projections - U.S. bookings, reported OTA nights, and RevPAR data were trending at low single digits in 2024, but there are indications of modest improvement [1]. - Expedia experienced a decline in B2C nights growth and revenues, with a reported decrease of 1% in the third quarter of 2024 compared to peers, but trends are expected to improve in 2025 due to easier comparisons and better positioning at VRBO and Hotels.com [2]. - The analyst is confident that Expedia can achieve 10% EBITDA growth in 2025, supported by improving U.S. consumer sentiment post-election and a significant contribution from advertising, which rose by 32% in the third quarter of 2024 and could contribute 3 points to EBITDA growth next year [3]. Group 2: Market Sentiment and Investment Opportunities - Long-only sentiment remains cautious on Expedia; however, a new management team with stronger execution could reignite investor interest and support multiple expansions [3]. - Investors can gain exposure to Expedia through Invesco Leisure and Entertainment ETF (PEJ) and Amplify Travel Tech ETF (AWAY) [4]. - As of the last check, EXPE shares increased by 2.73%, reaching $185.58 [5].

Expedia’s (EXPE) shares have returned 33.8% year to date (YTD), outperforming the broader Zacks Retail-Wholesale sector’s 30.7% growth.It has also outperformed the Zacks Internet - Commerce industry and its peers like Alibaba (BABA) , PSQ Holdings, Inc. (PSQH) and BigCommerce (BIGC) .Over the same time frame, shares of BABA have returned 14%, while PSQH and BIGC have lost 62.4 % and 36.2%, respectively. The industry has grown 35.5% YTD. EXPE’s outperformance can be attributed to the continued growth in book ...

Market Overview - The markets are near all-time highs, showing signs of nervousness as the Trump trade unwinds [1] - Current conditions present an opportune time to focus on value-oriented rebound plays [1] Analyst Background - The analyst, Gary Alexander, has extensive experience covering technology companies on Wall Street and working in Silicon Valley [1] - He serves as an outside adviser to several seed-round startups, providing exposure to key industry themes [1] - Gary Alexander has been a regular contributor on Seeking Alpha since 2017 and is quoted in various web publications [1] - His articles are syndicated to company pages in popular trading apps like Robinhood [1]

Group 1 - Shares of Expedia Group, Inc. are experiencing an increase due to reports of a potential buyout [1] - The stock is currently considered overbought, indicating a strong possibility of a price reversal and downward trend [2] - The concept of reversion to the mean suggests that aggressive buying can push prices above their usual trading range, leading to potential selling pressure [2] Group 2 - The Bollinger Band indicator shows that Expedia's stock has exceeded two standard deviations above the 20-day moving average, which may attract sellers expecting a price reversion [3] - The Relative Strength Index (RSI) indicates overbought conditions for Expedia, further suggesting that selling pressure could emerge [3] - Other momentum indicators such as MACD, CCI, and Stochastics are available for traders to analyze stock performance [3]

Expedia Group, Inc. EXPE reported better-than-expected third-quarter adjusted EPS results on Thursday. Read More: Expedia Group reported quarterly earnings of $6.13 per share which beat the analyst consensus estimate of $6.04 per share. The company reported quarterly sales of $4.06 billion which missed the analyst consensus estimate of $4.11 billion. "Our third quarter results exceeded our expectations on gross bookings and earnings with revenue landing in-line. We accelerated bookings growth in our consume ...

Core Insights - Expedia Group (EXPE) reported third-quarter 2024 adjusted earnings of $6.13 per share, exceeding the Zacks Consensus Estimate by 0.49% and reflecting a 13% year-over-year increase [1] - Total revenues reached $4.06 billion, marking a 3% year-over-year rise but falling short of the Zacks Consensus Estimate by 1.17% [1] Financial Performance - B2B revenues increased by 18% year over year to $1.2 billion, while B2C revenues declined by 1.4% to $2.78 billion [2] - Total gross bookings rose to $27.5 billion, a 7% year-over-year increase, with B2C gross bookings up 3% and B2B gross bookings up 19% [5] - Adjusted EBITDA for the quarter was $1.25 billion, a 3% increase year over year, while adjusted EBIT fell by 1% to $892 million [6] Market Performance - EXPE shares increased by 4.18% in pre-market trading and have returned 14.7% year to date, underperforming the Zacks Internet Commerce industry [3] - The company provided positive guidance for 2024, expecting gross bookings to rise by 5% over 2023 and revenue growth to remain at 6% [8] Debt and Cash Flow - As of September 30, 2024, long-term debt was $6.263 billion, with a gross leverage ratio reduced to 2.2X [7] - The company burned $1.687 billion in free cash flow during the reported quarter, with approximately $3.2 billion remaining under its current share repurchase authorization [7]