Summer travel season kicks off with Memorial Day weekend rush
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 23 2025
0mins
Source: SeekingAlpha
Travel Projections for Memorial Day: An estimated 45.1 million Americans are expected to travel at least 50 miles from home during the Memorial Day weekend, marking a record increase of 1.4 million travelers compared to last year, with the majority opting to drive due to lower gas prices.
Air Travel and Airport Challenges: Approximately 3.6 million people are anticipated to fly this weekend, while the TSA expects to screen around 18 million passengers; however, Newark Liberty International Airport will experience temporary flight cuts due to operational issues.
Analyst Views on AWAY
Wall Street analysts forecast AWAY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AWAY is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 20.209
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Current: 20.209
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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.
