大行评级丨花旗:上调携程目标价至86美元 上调2025至27年盈利预测
TRIP.COMTRIP.COM(US:TCOM) Ge Long Hui·2025-11-19 03:16

Core Viewpoint - Citigroup's report indicates that Trip.com has shown strong booking growth in Q3, with over 60% year-on-year increase, and over 50% growth in the Asia-Pacific region, while Europe and the Middle East show encouraging momentum [1] Group 1: Financial Performance - Trip.com reported better-than-expected revenue performance in Q3, leading to an upward revision of profit forecasts for 2025 to 2027 by 1.7%, 0.3%, and 0.2% respectively [1] - The target price for Trip.com’s US stock has been raised from $85 to $86, maintaining a "Buy" rating [1] Group 2: Market Trends - The growth momentum is expected to continue into Q4 2025, despite facing a high year-on-year comparison base, driven by increased user engagement and ongoing upgrades in products and services [1] - The upcoming travel peak season is anticipated to reflect these improvements in user engagement and service offerings [1]