猫途鹰财报前股价异动，机构下调目标价引关注

Group 1 - The stock price of TripAdvisor (TRIP.US) experienced significant movement ahead of its Q4 FY2025 earnings report, with market focus on earnings expectations, institutional ratings, industry environment, and technical factors [1] - In the week leading up to the earnings report (February 4 to 11), TripAdvisor's stock price fell approximately 17.53%, with a volatility of 20.36% and a notable increase in trading volume [2] - Institutions generally expect the company's Q4 FY2025 revenue to be $413 million, reflecting a slight year-over-year increase of 0.42%, but anticipate a loss per share of -$0.134, indicating a shift from profit to loss [3] Group 2 - Wedbush maintained a "Hold" rating on TripAdvisor as of February 6, 2026, but lowered the target price from $20 to $15, indicating a cautious outlook on the company's short-term performance [4] - The travel industry is facing structural challenges, with growth relying on improvements in "value for money." Additionally, competition in the OTA sector is intensifying, and regulatory scrutiny, such as the investigation into Ctrip Group for alleged monopoly practices, may impact the entire sector [5]