Starboard Value Plans to Restructure Tripadvisor's Board
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 13 hours ago
0mins
Should l Buy TRIP?
Activist investor Starboard Value is planning to push for a shake-up of Tripadvisor's board, preparing to nominate a majority slate on the company's eight-person board, Ben Glickman of The Wall Street Journal reports, citing people familiar with the matter. Starboard currently holds a more than 9% stake in Tripadvisor, sources added.
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Analyst Views on TRIP
Wall Street analysts forecast TRIP stock price to rise
10 Analyst Rating
1 Buy
6 Hold
3 Sell
Hold
Current: 9.610
Low
12.50
Averages
16.17
High
20.00
Current: 9.610
Low
12.50
Averages
16.17
High
20.00
About TRIP
Tripadvisor, Inc. is an online travel company. The Company leverages its brands, technology, and capabilities to connect its global audience with partners through content, travel guidance, and two-sided marketplaces for experiences, accommodations, restaurants, and other travel categories. The Company operates through three segments: Brand Tripadvisor, Viator, and TheFork. Its Brand Tripadvisor segment is engaged in providing an online global platform for travelers to discover, generate, and share authentic user-generated content (UGC) in the form of ratings and reviews for destinations, points-of-interest (POIs), experiences, accommodations, restaurants, and cruises. The Viator segment offers travelers a comprehensive online marketplace that provides access to over 400,000 experiences and more than 65,000 experience operators. TheFork segment offers an online marketplace that enables diners to discover and book online reservations at approximately 55,000 restaurants in 11 countries.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Management-Shareholder Engagement: The Tripadvisor Board and management have engaged in numerous discussions with Starboard to listen to their views and enhance shareholder value, demonstrating the company's commitment to shareholder feedback.
- Strategic Restructuring Plan: In November 2025, Tripadvisor realigned its operating model to focus on its leadership position in Experiences and announced a significant cost reduction program aimed at simplifying its legacy business to improve overall operational efficiency.
- Asset Monetization Exploration: On February 12, 2026, Tripadvisor announced a process to explore the monetization of TheFork, indicating proactive measures in optimizing its portfolio and enhancing shareholder value.
See More
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- Investor Behavior: Investors are continuing to sell off tech stocks.
- Trend Continuation: The selloff in tech stocks is part of a recent trend.
- Market Sentiment: Overall investor sentiment appears to be negative.
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- Economic Data Focus: Investors are closely monitoring the upcoming ADP Weekly Employment Change and Empire State Manufacturing Index releases, as these data points could influence market sentiment and guide future investment decisions.
- Earnings Watch: The market will be looking for quarterly reports from companies like Medtronic and LabCorp, as their performance will provide further insights into economic health and could impact the performance of related stocks.
See More
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See More
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- Top U.S. Beach: La Jolla Cove in California has claimed the top spot among U.S. beaches due to its extraordinary marine biodiversity and year-round accessibility, likely enhancing the region's tourism appeal and promoting the growth of related industries.
- Unique Experience Category: Tripadvisor has introduced a new 'One of a Kind' beach category, with South Africa's Boulders Beach, home to a penguin colony, leading this list, highlighting the diversity of beach tourism and potentially attracting visitors seeking unique experiences.
- Transparent Selection Methodology: The 2026 Best Beaches rankings are based on millions of traveler reviews collected globally from November 30, 2024, to December 1, 2025, ensuring the fairness and authority of the results, which further enhances Tripadvisor's influence in the travel industry.
See More
