Top Wall Street Forecasters Revamp Trip.com Group Price Expectations Ahead Of Q2 Earnings
Benzinga·2024-08-23 13:33

Group 1 - Trip.com Group Limited is expected to report Q2 earnings of 74 cents per share, an increase from 71 cents per share in the same period last year [1] - Projected quarterly revenue for Trip.com Group is $1.79 billion [1] - The company recently priced an offering of $1.3 billion cash-par settled convertible senior notes due 2029 [1] Group 2 - Analysts have a consensus price target of $56.38 for Trip.com Group, with a high target of $76 and a low of $30 [2] - Recent analyst ratings include a Buy rating from Benchmark with a price target of $72, and TD Cowen raised its price target from $53 to $63 [2] - The average price target from the most recent ratings by Benchmark, Barclays, and TD Cowen is $70.33, indicating a potential upside of 65.10% for Trip.com Group [2]