TripAdvisor (NASDAQ:TRIP) Given New $11.00 Price Target at JPMorgan Chase & Co.

Key Points

• JPMorgan Chase & Co. cut its price target on TripAdvisor from $12 to $11 and kept an underweight rating, even though that still implies a modest upside from the current share price.
• TripAdvisor’s stock was down 6.7% to $10.48, reflecting recent weakness alongside a mixed analyst backdrop that currently leans negative, with a consensus rating of Reduce.
• The company’s latest quarterly results missed expectations, with EPS below estimates and revenue down 4% year over year, reinforcing concerns about slowing growth and pressure on profitability.

TripAdvisor (NASDAQ:TRIP - Get Free Report) had its target price reduced by JPMorgan Chase & Co. from $12.00 to $11.00 in a report released on Friday,Benzinga reports. The firm currently has an "underweight" rating on the travel company's stock. JPMorgan Chase & Co.'s price target would suggest a potential upside of 5.01% from the company's current price.

TRIP has been the subject of several other research reports. BTIG Research restated a "buy" rating and issued a $15.00 target price on shares of TripAdvisor in a report on Thursday. Barclays cut their target price on TripAdvisor from $13.00 to $10.00 and set an "underweight" rating on the stock in a research report on Friday, February 13th. Bank of America raised TripAdvisor from a "neutral" rating to a "buy" rating and upped their price target for the company from $14.00 to $15.00 in a research report on Friday, March 27th. Wedbush reduced their price target on TripAdvisor from $15.00 to $12.00 and set a "neutral" rating for the company in a report on Friday, February 13th. Finally, B. Riley Financial decreased their price objective on shares of TripAdvisor from $18.00 to $13.00 and set a "neutral" rating for the company in a report on Wednesday, February 18th. Four analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and five have assigned a Sell rating to the company. Based on data from MarketBeat, TripAdvisor currently has an average rating of "Reduce" and a consensus price target of $14.37.

TripAdvisor Stock Down 6.7%

Shares of TRIP traded down $0.76 during trading on Friday, reaching $10.48. The company's stock had a trading volume of 1,882,672 shares, compared to its average volume of 3,486,429. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 1.33. TripAdvisor has a twelve month low of $9.01 and a twelve month high of $20.16. The company has a fifty day moving average of $10.51 and a two-hundred day moving average of $12.86. The company has a market cap of $1.20 billion, a price-to-earnings ratio of 34.90, a P/E/G ratio of 1.89 and a beta of 0.91.

TripAdvisor (NASDAQ:TRIP - Get Free Report) last announced its quarterly earnings results on Thursday, May 7th. The travel company reported ($0.11) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.03) by ($0.08). TripAdvisor had a return on equity of 10.67% and a net margin of 2.12%.The business had revenue of $382.40 million for the quarter, compared to analyst estimates of $384.69 million. During the same quarter last year, the firm posted $0.14 EPS. The company's revenue was down 4.0% compared to the same quarter last year. On average, sell-side analysts predict that TripAdvisor will post 0.74 EPS for the current fiscal year.

Institutional Trading of TripAdvisor

Large investors have recently bought and sold shares of the stock. Essex Investment Management Co. LLC boosted its position in TripAdvisor by 75.7% in the 3rd quarter. Essex Investment Management Co. LLC now owns 1,523 shares of the travel company's stock valued at $25,000 after buying an additional 656 shares during the last quarter. Covestor Ltd boosted its position in shares of TripAdvisor by 64.8% in the 3rd quarter. Covestor Ltd now owns 1,770 shares of the travel company's stock worth $29,000 after purchasing an additional 696 shares during the last quarter. Kestra Advisory Services LLC bought a new position in shares of TripAdvisor in the 4th quarter worth $33,000. UMB Bank n.a. boosted its position in shares of TripAdvisor by 295.2% in the 4th quarter. UMB Bank n.a. now owns 2,300 shares of the travel company's stock worth $33,000 after purchasing an additional 1,718 shares during the last quarter. Finally, Smartleaf Asset Management LLC boosted its position in shares of TripAdvisor by 39.7% in the 3rd quarter. Smartleaf Asset Management LLC now owns 2,482 shares of the travel company's stock worth $42,000 after purchasing an additional 705 shares during the last quarter. 98.99% of the stock is currently owned by institutional investors.

Key Headlines Impacting TripAdvisor

Here are the key news stories impacting TripAdvisor this week:

• Positive Sentiment: BTIG Research reaffirmed its buy rating on TripAdvisor and set a $15 price target, implying meaningful upside from current levels.
• Neutral Sentiment: TripAdvisor said it has made “good progress” on selling TheFork and is exploring LLM data deals, which could create optionality but remains early-stage and uncertain. Article Title
• Negative Sentiment: Q1 earnings missed estimates, with a larger-than-expected loss and weaker revenue, highlighting ongoing demand and margin pressure in the travel business. Article Title
• Negative Sentiment: The company’s reported quarterly revenue declined 4% from a year ago, reinforcing concerns that growth is slowing and profitability may remain challenged.

TripAdvisor Company Profile

TripAdvisor NASDAQ: TRIP is a leading online travel company that operates a digital platform for travel information, reviews and booking services. The company's flagship website and mobile apps allow users to access and contribute travel-related content—ranging from hotel and restaurant reviews to ratings for tours, attractions and vacation rentals—helping consumers plan and book trips around the world.

The core of TripAdvisor's offering is its community-driven review system, which aggregates user-generated feedback alongside editorial content and professional photography.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.