Expedia Group Inc (NASDAQ:EXPE) stock is up 5.6% at $159.30 at last glance, and earlier hit a two-year high of $161.88. The travel booking name is getting a boost from takeover rumors, after The Financial Times reported that Uber Technologies (UBER) is considering a bid for the company. However, BofA Global Research noted that the article specified that no current discussions are in progress, and that Uber's team is likely considering several merger options. Today's pop has EXPE breaking into positive terri ...

Key TakeawaysExpedia shares rose Thursday morning following a report that Uber Technologies has explored acquiring the travel booking company.An acquisition of the travel booking giant would help Uber's efforts toward becoming a "super app," the Financial Times reported Wednesday.Uber has grown through a number of acquisitions, and has said new deals are a priority. Expedia (EXPE) shares surged while those of Uber Technologies (UBER) moved lower Thursday morning following a report from the Financial Times t ...

Expedia stock climbed 8% while Uber stock fell more than 3% in premarket trading on Thursday.Uber spoke with advisors about a potential takeover in recent months, The Financial Times reported.The ride-hailing company wants to become a "super app" that offers much more than trips and food. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your fav ...

Here at the Lab, we are back to comment on Expedia (NASDAQ: EXPE ). In our coverage, we provided two updates on the company. In 2022, we were long with a comps analysis between Q2 2019 Vs. Q2 2022 numbers "Buy-side hedge professionals conducting fundamental, income oriented, long term analysis across sectors globally in developed markets. Please shoot us a message or leave a comment to discuss ideas.DISCLOSURE: All of our articles are a matter of opinion, informed as they might be, and must be treated as su ...

Shares of Expedia Group Inc. jumped more than 7% in after-hours trading Wednesday after the Financial Times reported Uber Technologies Inc. was considering a bid to buy the online travel company.According to the FT, Uber UBER has approached its advisers in recent months about a potential bid for Expedia EXPE, though interest is in the early stages. Citing three unnamed sources familiar with the matter, the FT said a third party first floated the idea to Uber. The ride-hailing giant has not officially reache ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value ...

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Based on future growth expectations, this stock is very cheap.In this video, I will explain why Expedia (EXPE -0.72%) is one of the most undervalued stocks in the market right now. Check out the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were from the trading day of Sept. 26, 2024. The video was published on Sept. 30, 2024. ...

JHVEPhoto/iStock Editorial via Getty Images Executive summary Expedia Group (NASDAQ:EXPE) has largely been a disappointment to long-term investors, however we believe that the fortunes of the business are about to change. As you have guessed, Expedia is a value play, not a deep value situation, though. The company is strong in its key markets due to the leading scale, it is also very cash-generative and its revenues are growing. The B2B division of Expedia is experiencing rapid growth and driving the wh ...

Core Viewpoint - Expedia Group (EXPE) has shown strong performance with a 14.7% increase in shares over the past month, outperforming both the Zacks Internet Commerce industry and the Retail-Wholesale sector [1] Group 1: Company Performance and Strategy - EXPE is benefiting from its strong positioning in the online travel booking space, with robust B2B, Brand Expedia, and advertising businesses driving momentum [1] - The company plans to integrate generative AI technology into its services and enhance its portfolio through expanding partnerships, which is expected to boost customer engagement [1] - The Zacks Consensus Estimate for third-quarter 2024 revenues is projected at $4.1 billion, indicating a year-over-year growth of 4.3% [4] Group 2: Partnerships and Market Position - EXPE's expanding network of partnerships is a key driver for its growth, including a recent partnership with Ryanair to offer budget-friendly flights [2] - The introduction of Stays by Alaska Vacation, in partnership with Alaska Airlines, enhances customer experience by personalizing travel options [3] - Collaborations with Wells Fargo and Mastercard to launch co-branded credit cards provide U.S. travelers with greater flexibility and rewards [3] - Partnerships with various tourism agencies in Australia aim to improve sustainable tourism and showcase local culture [4] Group 3: Market Outlook and Competition - The global travel and tourism market is projected to reach $916 billion in 2024 and $1.11 trillion by 2029, with a CAGR of 4% from 2024 to 2029, positioning EXPE to capitalize on this growth [2] - However, rising competition from major players like TripAdvisor, Airbnb, and Booking Holdings poses risks to EXPE's market position [6] - The Zacks Consensus Estimate for 2024 revenues is pegged at $13.6 billion, indicating a rise of 5.9% year over year [5] Group 4: Earnings Estimates - The Zacks Consensus Estimate for third-quarter 2024 earnings is $6.07 per share, reflecting a year-over-year growth of 12.2%, although it has been revised down by 8.2% in the past 30 days [8] - For 2024, the consensus mark for earnings is $11.53 per share, suggesting growth of 18.9% year over year, but this figure has also been revised downward by 2.5% [8]