Trip.com Group (NASDAQ:TCOM) Raised to "Strong-Buy" at TD Cowen

Key Points

• TD Cowen upgraded Trip.com Group to “strong-buy.” Analysts overall maintain a “Moderate Buy” consensus rating with an average price target of $62.00.
• Trip.com reported quarterly EPS of $1.07 and revenue of $2.31 billion, exceeding analyst estimates; the company’s net margin was 36.07%.
• Institutional ownership stands at 35.41%. Several major investors increased their positions, including Temasek Holdings, which boosted its stake by 67.1%.

Trip.com Group (NASDAQ:TCOM - Get Free Report) was upgraded by stock analysts at TD Cowen to a "strong-buy" rating in a report issued on Monday, Zacks reports.

A number of other equities research analysts have also weighed in on TCOM. China Renaissance reiterated a "hold" rating and issued a $42.00 price objective on shares of Trip.com Group in a research report on Thursday, July 2nd. Jefferies Financial Group restated a "buy" rating and set a $63.00 target price on shares of Trip.com Group in a report on Tuesday, July 28th. Bank of America reaffirmed a "buy" rating on shares of Trip.com Group in a research note on Wednesday, July 29th. Citigroup cut their price target on shares of Trip.com Group from $64.00 to $62.00 and set a "buy" rating on the stock in a report on Thursday, July 30th. Finally, Barclays reduced their price objective on shares of Trip.com Group from $75.00 to $60.00 and set an "overweight" rating on the stock in a research report on Friday, June 26th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, Trip.com Group currently has an average rating of "Moderate Buy" and a consensus target price of $62.00.

Trip.com Group Stock Performance

Trip.com Group stock opened at $40.43 on Monday. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 0.06. The firm has a 50-day moving average of $43.87 and a 200-day moving average of $47.43. The firm has a market cap of $26.26 billion, a P/E ratio of 8.34, a P/E/G ratio of 3.13 and a beta of -0.05. Trip.com Group has a 1-year low of $38.04 and a 1-year high of $78.99.

Trip.com Group (NASDAQ:TCOM - Get Free Report) last announced its quarterly earnings results on Friday, August 14th. The company reported $1.07 earnings per share (EPS) for the quarter. The company had revenue of $2.31 billion for the quarter. Trip.com Group had a return on equity of 16.90% and a net margin of 36.07%. Sell-side analysts expect that Trip.com Group will post 3.13 EPS for the current year.

Institutional Investors Weigh In On Trip.com Group

Hedge funds have recently made changes to their positions in the company. Cantillon Capital Management LLC raised its holdings in Trip.com Group by 1.4% in the fourth quarter. Cantillon Capital Management LLC now owns 4,669,778 shares of the company's stock worth $335,804,000 after purchasing an additional 63,637 shares in the last quarter. Temasek Holdings Private Ltd boosted its holdings in shares of Trip.com Group by 67.1% during the 4th quarter. Temasek Holdings Private Ltd now owns 2,239,671 shares of the company's stock valued at $161,055,000 after buying an additional 899,469 shares in the last quarter. Perseverance Asset Management International purchased a new stake in shares of Trip.com Group in the 1st quarter worth about $33,608,000. C WorldWide Group Holding A S grew its position in shares of Trip.com Group by 2.1% in the 2nd quarter. C WorldWide Group Holding A S now owns 613,630 shares of the company's stock worth $24,447,000 after buying an additional 12,463 shares during the period. Finally, ABN Amro Investment Solutions increased its stake in shares of Trip.com Group by 91.5% in the 1st quarter. ABN Amro Investment Solutions now owns 493,968 shares of the company's stock worth $24,595,000 after acquiring an additional 235,997 shares in the last quarter. 35.41% of the stock is currently owned by institutional investors.

More Trip.com Group News

Here are the key news stories impacting Trip.com Group this week:

• Positive Sentiment: Q2 earnings and revenue exceeded estimates. Trip.com reported earnings of $1.07 per share, above consensus estimates ranging from $0.87 to $0.98, while revenue reached $2.31 billion versus expectations of approximately $2.29 billion. Revenue increased 5.5% year over year. Trip.com Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: The company continues to benefit from its global travel platform. Trip.com’s businesses span lodging, transportation tickets, packaged tours and corporate travel, with overseas expansion and international travel cited as important longer-term growth opportunities. Trip.com Group Reports Second Quarter and First Half 2026 Results
• Neutral Sentiment: Investors are assessing the impact of AI and overseas growth. A new analysis examines whether the company’s second-quarter performance, a reported penalty, artificial-intelligence initiatives and international expansion alter the long-term bull case. These factors could improve efficiency and growth, but may also require additional investment. Does Q2 2026 Penalty and AI, Overseas Growth Shift Change the Bull Case for Trip.com?
• Negative Sentiment: Near-term conditions remain challenging. StoneX lowered its price target to $60, citing a difficult near-term setup. Trip.com Chairman James Liang also said China’s inbound travel market remains “below potential,” suggesting that recovery has not fully translated into demand. Trip.com Price Target Lowered to $60 at StoneX

About Trip.com Group

Trip.com Group Limited NASDAQ: TCOM is a global online travel services company headquartered in China. Originally founded as Ctrip in 1999, the company has expanded its operations and brands to serve travelers in China and international markets.

Through its Trip.com, Ctrip, Qunar and Skyscanner platforms, Trip.com Group provides hotel and accommodation bookings, transportation reservations, including air, rail and car services, vacation packages, guided tours and other travel-related products.

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