Expedia Group (NASDAQ:EXPE) Stock Price Expected to Rise, UBS Group Analyst Says

Key Points

• UBS Group has increased the price target for Expedia Group's stock from $209.00 to $234.00, suggesting a potential upside of 8.55% from its previous close.
• Overall analyst sentiment shows a mixed outlook, with three analysts rating the stock as a Strong Buy and a total of 22 issuing a Hold rating.
• Expedia reported earnings per share of $4.24 for the last quarter, exceeding analysts' expectations of $4.13 and showcasing a 6.4% year-over-year revenue growth.

Expedia Group (NASDAQ:EXPE - Get Free Report) had its price target lifted by UBS Group from $209.00 to $234.00 in a report released on Friday,Benzinga reports. The firm currently has a "neutral" rating on the online travel company's stock. UBS Group's price target indicates a potential upside of 8.55% from the company's previous close.

EXPE has been the topic of a number of other research reports. Piper Sandler increased their target price on Expedia Group from $135.00 to $190.00 and gave the stock an "underweight" rating in a research note on Friday, August 8th. KeyCorp started coverage on Expedia Group in a research report on Wednesday. They set a "sector weight" rating on the stock. Benchmark increased their price target on shares of Expedia Group from $215.00 to $265.00 and gave the stock a "buy" rating in a report on Friday, August 8th. Wells Fargo & Company increased their price target on shares of Expedia Group from $211.00 to $212.00 and gave the stock an "equal weight" rating in a report on Monday, October 6th. Finally, Morgan Stanley boosted their price objective on Expedia Group from $150.00 to $165.00 and gave the company an "equal weight" rating in a research report on Monday, July 21st. Three research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, twenty-two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Expedia Group presently has an average rating of "Hold" and an average price target of $212.79.

Expedia Group Trading Down 0.0%

NASDAQ:EXPE traded down $0.09 during midday trading on Friday, hitting $215.56. 282,443 shares of the company traded hands, compared to its average volume of 2,001,334. The firm's fifty day moving average is $216.91 and its 200-day moving average is $186.26. Expedia Group has a 12-month low of $130.01 and a 12-month high of $240.98. The firm has a market capitalization of $26.67 billion, a P/E ratio of 26.42, a P/E/G ratio of 1.18 and a beta of 1.56. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 2.14.

Expedia Group (NASDAQ:EXPE - Get Free Report) last released its earnings results on Thursday, August 7th. The online travel company reported $4.24 earnings per share for the quarter, topping analysts' consensus estimates of $4.13 by $0.11. Expedia Group had a return on equity of 56.25% and a net margin of 7.94%.The business had revenue of $3.79 billion for the quarter, compared to analyst estimates of $3.70 billion. During the same quarter last year, the firm posted $3.51 earnings per share. The business's revenue was up 6.4% compared to the same quarter last year. Expedia Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, sell-side analysts predict that Expedia Group will post 12.28 EPS for the current year.

Insider Buying and Selling

In other news, CAO Lance A. Soliday sold 852 shares of the business's stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $205.88, for a total value of $175,409.76. Following the completion of the transaction, the chief accounting officer directly owned 12,036 shares of the company's stock, valued at $2,477,971.68. The trade was a 6.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Craig A. Jacobson sold 3,000 shares of the business's stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $207.78, for a total value of $623,340.00. Following the completion of the transaction, the director directly owned 33,858 shares of the company's stock, valued at approximately $7,035,015.24. This trade represents a 8.14% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 9,816 shares of company stock worth $2,009,132 in the last quarter. 9.13% of the stock is owned by insiders.

Hedge Funds Weigh In On Expedia Group

A number of institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. raised its holdings in shares of Expedia Group by 0.7% in the second quarter. Vanguard Group Inc. now owns 15,304,305 shares of the online travel company's stock worth $2,581,530,000 after acquiring an additional 102,494 shares during the last quarter. Norges Bank purchased a new stake in shares of Expedia Group in the second quarter valued at $663,882,000. Geode Capital Management LLC grew its position in Expedia Group by 1.7% during the second quarter. Geode Capital Management LLC now owns 3,414,935 shares of the online travel company's stock valued at $574,364,000 after acquiring an additional 58,244 shares during the period. AQR Capital Management LLC lifted its stake in shares of Expedia Group by 102.0% during the second quarter. AQR Capital Management LLC now owns 2,917,669 shares of the online travel company's stock worth $492,152,000 after purchasing an additional 1,473,386 shares in the last quarter. Finally, Alkeon Capital Management LLC increased its holdings in Expedia Group by 4.2% in the second quarter. Alkeon Capital Management LLC now owns 2,475,276 shares of the online travel company's stock valued at $417,530,000 after buying an additional 100,000 shares during the last quarter. 90.76% of the stock is owned by institutional investors and hedge funds.

Expedia Group Company Profile

Expedia Group, Inc operates as an online travel company in the United States and internationally. The company operates through B2C, B2B, and trivago segments. Its B2C segment includes Brand Expedia, a full-service online travel brand offers various travel products and services; Hotels.com for lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, Wotif Group, ebookers, CheapTickets, Hotwire.com and CarRentals.com.

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