Trip.com Group (TCOM) Stock Forecast & Price Target

Trip.com Group
Bear Case

Investors should be bearish about investing in Trip.com Group Limited for these reasons:

• The company recognized a RMB5.2 billion antimonopoly penalty in its second-quarter 2026 results, which represents a significant one-time charge that impacts net income and highlights regulatory risks associated with operating in the Chinese market.
• Trip.com Group Limited has experienced a significant decline from its 52-week high of $78.99 to its current price of $39.43, reflecting a sustained downward trend and potential loss of investor confidence in the company's recent performance.
• Several major financial institutions, including JPMorgan Chase & Co. and Nomura, have recently lowered their price targets on the stock, with JPMorgan cutting its target from $72.00 to $62.00 and Nomura reducing its target to $44.00, signaling caution among sell-side analysts.
• The stock is trading below both its 50-day simple moving average of $43.87 and its 200-day simple moving average of $47.43, which is a technical indicator often interpreted as a bearish trend where the stock is underperforming its longer-term averages.
• Short interest in the stock has fluctuated, with recent data showing approximately 11.7 million shares shorted, and while the short percentage of float is low at 2.34%, the presence of short sellers indicates that some investors are betting against the stock's future performance.