TripAdvisorTRIP
About: Tripadvisor is the world's leading travel metasearch company. Its platform offers 1 billion reviews and information on about 8 million accommodations, restaurants, experiences, airlines, and cruises. In 2023, 58% of revenue came from the company's core Brand Tripadvisor segment, which includes hotel revenue generated through advertising on its metasearch platform. Viator, its experiences brand, was 41% of sales in 2023, and TheFork, its dining brand, represented 9% of revenue (about 8% of sales were intersegment, which are eliminated from consolidated revenue).
Employees: 2,890
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
50% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 3 (+1) [Q3]
0.51% less ownership
Funds ownership: 81.17% [Q2] → 80.66% (-0.51%) [Q3]
4% less funds holding
Funds holding: 281 [Q2] → 271 (-10) [Q3]
16% less first-time investments, than exits
New positions opened: 53 | Existing positions closed: 63
20% less capital invested
Capital invested by funds: $1.83B [Q2] → $1.47B (-$357M) [Q3]
36% less repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 109
60% less call options, than puts
Call options by funds: $68M | Put options by funds: $168M
Research analyst outlook
11 Wall Street Analysts provided 1 year price targets over the past 3 months
11 analyst ratings
TD Cowen Kevin Kopelman 91% 1-year accuracy 10 / 11 met price target | 43%upside $20 | Hold Maintained | 7 Nov 2024 |
B. Riley Securities Naved Khan 70% 1-year accuracy 19 / 27 met price target | 43%upside $20 | Neutral Maintained | 7 Nov 2024 |
UBS Lloyd Walmsley 76% 1-year accuracy 13 / 17 met price target | 22%upside $17 | Neutral Maintained | 7 Nov 2024 |
Cantor Fitzgerald Deepak Mathivanan 70% 1-year accuracy 28 / 40 met price target | 21%downside $11 | Underweight Maintained | 7 Nov 2024 |
Cantor Fitzgerald Deepak Mathivanan 70% 1-year accuracy 28 / 40 met price target | 14%downside $12 | Underweight Reiterated | 7 Oct 2024 |
Financial journalist opinion
Based on 13 articles about TRIP published over the past 30 days
