Trip.com Shares Drop Despite Strong Q4 Earnings and Record Travel Demand: Details
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 25 2025
0mins
Should l Buy TCOM?
Source: Benzinga
Financial Performance: Trip.com Group Limited reported a fourth-quarter adjusted EPS of $0.60, exceeding estimates, with net revenue increasing 23% year-over-year to RMB12.7 billion ($1.75 billion), driven by strong travel demand and higher accommodation bookings.
Market Reaction and Future Plans: Despite positive earnings, TCOM shares fell 8.10% premarket due to broader market concerns; the company announced a $400 million share repurchase program and a $200 million cash dividend for 2024, reflecting confidence in continued growth and investment in innovation.
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Analyst Views on TCOM
Wall Street analysts forecast TCOM stock price to rise
7 Analyst Rating
7 Buy
0 Hold
0 Sell
Strong Buy
Current: 51.180
Low
82.00
Averages
85.00
High
90.00
Current: 51.180
Low
82.00
Averages
85.00
High
90.00
About TCOM
Trip.com Group Limited is a global travel service provider comprising Trip.com, Ctrip, Skyscanner and Qunar. Its one-stop travel platform connects its users and its ecosystem partners. It offers accommodation reservations, transportation ticketing, packaged tours, and corporate travel management services and other travel-related services to meet the various booking and traveling needs of both leisure and business travelers through its travel platform. It helps travelers around the world make informed and cost-effective bookings for travel products and services and enables partners to connect their offerings with users through the aggregation of comprehensive travel-related content and resources and an advanced transaction platform, including apps, websites and 24/7 customer service centers. Ctrip provides travel and related services in China. Qunar is an online travel agency in China. Trip.com is an online travel agency for global travelers. Skyscanner is a travel search company.
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.
- Class Action Notice: Kahn Swick & Foti reminds investors of Trip.com that those who purchased securities between April 30, 2024, and January 13, 2026, must file lead plaintiff applications by May 11, 2026, to participate in the class action lawsuit, which could significantly impact their ability to recover economic losses.
- Antitrust Investigation: On January 14, 2026, Bloomberg reported that Trip.com is under investigation by China's State Administration for Market Regulations for allegedly abusing its market position and engaging in monopolistic practices, which could lead to stricter regulations and potential fines for the company.
- Stock Price Volatility: Following the antitrust news, Trip.com's American Depositary Shares (ADS) fell by $12.90, or 17.05%, to close at $62.78 on January 14, 2026, and dropped another $1.48, or 2.35%, the next day, indicating a decline in investor confidence and uncertainty about the company's future.
- Legal Implications: The case, titled De Wilde v. Trip.com Group Limited, et al., could result in substantial financial liabilities for Trip.com if the ruling is unfavorable, further affecting its financial health and market reputation.
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- Class Action Notice: Rosen Law Firm reminds investors who purchased Trip.com (NASDAQ: TCOM) securities between April 30, 2024, and January 13, 2026, that they must apply to be lead plaintiff by May 11, 2026, to participate in the class action and potentially receive compensation.
- Fee Arrangement: Investors joining the class action will incur no upfront costs, as the law firm operates on a contingency fee basis, allowing investors to seek compensation without financial burden.
- Law Firm Advantage: Rosen Law Firm specializes in securities class actions and has achieved the largest settlement against a Chinese company, showcasing its successful track record and resources, urging investors to choose experienced legal counsel wisely.
- Case Details: The lawsuit alleges that defendants made false or misleading statements and failed to disclose regulatory risks faced by Trip.com, resulting in investor losses when the true information became public, highlighting the importance of protecting investor rights.
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- Class Action Filed: Pomerantz LLP has initiated a class action lawsuit against Trip.com, alleging securities fraud and other unlawful business practices, with investors needing to apply by May 11, 2026, to become Lead Plaintiff to protect their interests.
- Antitrust Investigation: The State Administration for Market Regulation in China is investigating Trip.com for alleged antitrust conduct, accusing the company of abusing its market position, which could severely impact its market operations and reputation.
- Stock Price Plunge: Following the announcement of the antitrust investigation, Trip.com's American Depositary Receipt (ADR) price fell by $12.90, or 17.05%, closing at $62.78, reflecting market concerns regarding its future outlook.
- Legal Background: Pomerantz LLP is a prominent law firm specializing in securities and antitrust class litigation, founded over 85 years ago, dedicated to advocating for victims of securities fraud, having recovered millions in damages for class members in the past.
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- Class Action Notice: The Schall Law Firm informs investors of a class action lawsuit against Trip.com for violations of §§10(b) and 20(a) of the Securities Exchange Act, concerning securities purchased between April 30, 2024, and January 13, 2026.
- False Statement Allegations: The complaint alleges that Trip.com made false and misleading statements throughout the class period, particularly downplaying regulatory risks associated with its monopolistic practices, resulting in investor losses.
- Investor Rights Protection: Investors who purchased Trip.com securities during the class period are encouraged to contact the Schall Law Firm before May 11, 2026, to participate in the lawsuit and seek compensation for their losses.
- Law Firm Background: The Schall Law Firm specializes in securities class action lawsuits and shareholder rights litigation, representing investors worldwide and offering free consultations to discuss their rights.
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- Lawsuit Background: Trip.com Group is facing a securities class action lawsuit for allegedly violating China's Anti-Monopoly Law, representing investors who purchased securities between April 30, 2024, and January 13, 2026, highlighting serious concerns over the company's compliance.
- Market Reaction: On January 14, 2026, Trip.com's American Depositary Shares plummeted by 17%, erasing over $8 billion in market capitalization, reflecting the market's heightened sensitivity and panic regarding the company's regulatory risks.
- Regulatory Investigation: Trip.com confirmed receipt of an investigation notice from the State Administration for Market Regulations, indicating that its AI pricing adjustment tool may have infringed on hotel partners' pricing autonomy, further exacerbating investor unease.
- Executive Changes: Shortly after the class action lawsuit, Trip.com's co-founders abruptly resigned from the board, and the company plans to shut down its automated hotel AI pricing tool on March 10, 2026, indicating urgency in addressing regulatory pressures and restoring market trust.
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- Legal Investigation Launched: Faruq & Faruqi LLP is investigating potential claims against Trip.com, particularly for investors who purchased securities between April 30, 2024, and January 13, 2026, indicating serious legal risks facing the company.
- Antitrust Investigation Impact: Trip.com's stock fell 17% on January 14, 2026, after the Chinese market regulator initiated an antitrust probe, reflecting market concerns over the company's compliance and future profitability, which may lead to decreased investor confidence.
- Class Action Reminder: Faruqi & Faruqi reminds investors that May 11, 2026, is the deadline to apply as lead plaintiff in a federal securities class action, emphasizing the importance and potential financial benefits for investors involved in the legal process.
- Information Solicitation Call: The law firm encourages anyone with knowledge of Trip.com’s conduct, including whistleblowers and former employees, to come forward to gather more evidence to support potential legal actions, demonstrating a commitment to protecting investor rights.
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