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.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy TCOM?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
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: 54.450
Low
82.00
Averages
85.00
High
90.00
Current: 54.450
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 Reminder: The Schall Law Firm alerts investors about a class action lawsuit against Trip.com for violations of §§10(b) and 20(a) of the Securities Exchange Act, involving securities purchased between April 30, 2024, and January 13, 2026, indicating significant legal risks for the company.
- 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, which could lead to investor losses once the truth emerged.
- Investor Action Call: The firm encourages investors who purchased Trip.com securities during the class period to contact them before May 11, 2026, to participate in the lawsuit and seek compensation for losses, demonstrating a commitment to protecting investor rights.
- Law Firm Background: The Schall Law Firm specializes in securities class actions and shareholder rights litigation, representing investors globally, which may enhance investor confidence in pursuing the case.
See More
- Lawsuit Background: Trip.com Group is facing a class action lawsuit for securities transactions between April 30, 2024, and January 13, 2026, as investors seek compensation after a 17% drop in share price on January 14, 2026, resulting in over $8 billion in losses.
- Regulatory Investigation: On January 14, 2026, Trip.com disclosed it received a notice of investigation from China's State Administration for Market Regulations under the Anti-Monopoly Law, prompting a swift market reaction that saw its American Depositary Shares drop by $12.90, highlighting serious investor concerns about the company's compliance and business model.
- AI Pricing Tool Controversy: The lawsuit alleges that Trip.com misled investors regarding its AI pricing tool, which was touted as a cornerstone of its long-term strategy, but is accused of coercing partners into price reductions and undermining their pricing autonomy.
- Executive Changes: Shortly after the lawsuit, Trip.com's co-founders abruptly resigned from the board on February 26, 2026, raising further questions about the company's governance and future strategic direction.
See More
- Lawsuit Deadline: Investors must file lead plaintiff applications for the class action against Trip.com by May 11, 2026, for securities purchased between April 30, 2024, and January 13, 2026, or risk losing their right to claim.
- Antitrust Investigation: Trip.com and its executives are accused of failing to disclose material information during the class period, violating federal securities laws, and are under investigation by China's SAMR for alleged monopolistic practices and market position abuse.
- Stock Price Volatility: Following the antitrust probe news on January 14, 2026, Trip.com's ADS price fell by $12.90, a 17.05% drop, and further declined by $1.48 the next day, reflecting market concerns over compliance and future profitability.
- Legal Consultation Services: KSF law firm offers legal consultations, allowing investors to contact them via phone or email to understand their rights and potential economic loss recovery, indicating the firm's commitment to supporting investors.
See More
- Class Action Notice: Rosen Law Firm reminds investors who purchased Trip.com (NASDAQ: TCOM) securities between April 30, 2024, and January 13, 2026, to apply as lead plaintiffs by May 11, 2026, to participate in the class action and seek potential compensation.
- Fee Arrangement: Investors joining the class action will incur no upfront costs, as attorney fees will be covered through a contingency fee arrangement, which lowers the financial barrier for participation and encourages more investors to seek redress.
- Law Firm Advantages: Rosen Law Firm specializes in securities class actions and has achieved the largest settlement against a Chinese company, demonstrating its expertise and success rate, which investors should consider when selecting legal counsel for representation.
- Case Details: The lawsuit alleges that defendants made false or misleading statements and failed to disclose regulatory risks facing Trip.com, resulting in investor losses when the true information became public, highlighting the potential rights of investors in this case.
See More
- Lawsuit Background: Trip.com Group is facing a securities class action lawsuit for alleged violations of China's Anti-Monopoly Law, representing investors who purchased its 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 stock plummeted by 17%, erasing over $8 billion in market capitalization, reflecting investor panic regarding the company's regulatory risks and raising further doubts about the sustainability of its business model.
- 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 be viewed as an unfair competitive practice, undermining pricing autonomy for partner hotels and damaging the company's market reputation.
- Executive Changes: Under pressure from the lawsuit and investigation, Trip.com's co-founders abruptly resigned from the board on February 25, 2026, indicating turmoil within the company's governance structure that could impact future strategic decisions and investor confidence.
See More
- Class Action Notification: The Law Offices of Frank R. Cruz remind investors that companies like Driven Brands Holdings Inc., monday.com Ltd., Camping World Holdings, Inc., and Trip.com Group Limited are facing class action lawsuits, requiring investors to file lead plaintiff motions by specified deadlines to protect their rights.
- Driven Brands Allegations: From May 2023 to February 2026, Driven Brands is accused of failing to disclose errors related to lease records that impacted the balance sheet, leading to false reporting of cash and revenue, which misled investors about the company's prospects.
- monday.com Performance Decline: During the period from September 2025 to February 2026, monday.com is alleged to have failed to disclose slowing customer growth and extended sales cycles, making its $1.8 billion target for 2027 increasingly unlikely, thereby undermining investor confidence.
- Camping World Misleading Statements: Camping World is accused of overstating its inventory management capabilities from April 2025 to February 2026, failing to accurately disclose its financial health, which could lead to investor misjudgments regarding its profitability.
See More










