Expedia GroupEXPE
Market Cap: $17.2B
About: Expedia is the world's second-largest online travel agency by bookings, offering services for lodging (80% of total 2023 sales), air tickets (3%), rental cars, cruises, in-destination, and other (11%), and advertising revenue (6%). Expedia operates a number of branded travel booking sites, but its three core online travel agency brands are Expedia, Hotels.com, and Vrbo. It also has a metasearch brand, Trivago. Transaction fees for online bookings account for the bulk of sales and profits.
Employees: 17,100
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
0.1% more ownership
Funds ownership: 94.02% [Q1] → 94.12% (+0.1%) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 11 [Q1] → 11 (+0) [Q2]
5% less call options, than puts
Call options by funds: $514M | Put options by funds: $540M
6% less funds holding
Funds holding: 805 [Q1] → 754 (-51) [Q2]
11% less capital invested
Capital invested by funds: $16.9B [Q1] → $15B (-$1.87B) [Q2]
11% less repeat investments, than reductions
Existing positions increased: 268 | Existing positions reduced: 302
37% less first-time investments, than exits
New positions opened: 87 | Existing positions closed: 138
Research analyst outlook
14 Wall Street Analysts provided 1 year price targets over the past 3 months
14 analyst ratings
Truist Securities Greg Miller 0% 1-year accuracy 0 / 1 met price target | 12%upside $148 | Hold Initiated | 6 Sept 2024 |
Cantor Fitzgerald Deepak Mathivanan 53% 1-year accuracy 9 / 17 met price target | 2%downside $130 | Neutral Initiated | 5 Sept 2024 |
Susquehanna Shyam Patil 60% 1-year accuracy 34 / 57 met price target | 10%upside $145 | Neutral Maintained | 12 Aug 2024 |
Citigroup Ronald Josey 60% 1-year accuracy 24 / 40 met price target | 10%upside $145 | Neutral Maintained | 9 Aug 2024 |
DA Davidson Tom White 71% 1-year accuracy 12 / 17 met price target | 2%upside $135 | Neutral Maintained | 9 Aug 2024 |
Financial journalist opinion
Based on 32 articles about EXPE published over the past 30 days