TCOM Price Prediction Next Week
Technical Analysis: Based on the latest data, TCOM closed at $71.52 on January 24, 2025, showing a strong upward momentum with a 5.18% gain during regular trading hours. The stock is currently trading above both its 20-day moving average of $67.27 and 200-day moving average of $55.50, indicating a bullish long-term trend.
The RSI-14 reading of 59.86 suggests the stock is in a neutral territory, neither overbought nor oversold, providing room for further upside. The MACD indicator shows a slight bearish divergence at -0.03, suggesting potential short-term consolidation.
Fibonacci Analysis: Key levels for next week:
- Resistance 3: $76.12
- Resistance 2: $72.57
- Resistance 1: $70.38
- Pivot: $66.83
- Support 1: $63.28
- Support 2: $61.09
- Support 3: $57.54
News Sentiment Analysis: Recent news indicates positive momentum:
- Citigroup raised its price target from $73 to $78
- The company maintains a Zacks Rank #1 (Strong Buy) rating
- Strong earnings growth expectations with full-year estimates projecting earnings of $3.71 per share, showing a 35.4% increase
Price Prediction for Next Week: Based on technical indicators and news sentiment:
- Target Price: $74-75
- Stop Loss: $69.50
- Trading Recommendation: BUY
Rationale:
- Strong upward momentum with price above key moving averages
- Positive analyst sentiment with raised price targets
- Fibonacci levels suggest immediate resistance at $72.57, which if broken, could lead to testing $76.12
- RSI indicates room for further upside without being overbought
The stock shows strong potential to continue its upward trajectory next week, supported by both technical and fundamental factors. The recommended strategy is to buy at current levels with a tight stop loss below $69.50 to manage risk.
TCOM Similar Chart Price Prediction
The price of TCOM is predicted to go up -0.1%, based on the high correlation periods with HIW. The similarity of these two price pattern on the periods is 97.37%.
TCOM
HIW
Down: -0.1%Similarity: 97.37%
TCOM Revenue Forecast
TCOM EPS Forecast
TCOM FAQs
What is revenue forecast for next quarter？
What is eps forecast for next quarter？
TCOM VS S&P500
The number of Chinese passport holders is only about 10%-15% of the population, which should provide Trip.com with secular demand given the low saturation.
International and outbound business will eventually recover and drive margins upwards. Margin expansion will be dictated by its higher-margin businesses, including international air and hotels.
The industry will see less competition in the future than before due to current headwinds faced, and thus lesser disruptions to its long-term business plan.
TCOM Analyst's Forecast
Brian Gong
Citigroup
Strong Buy
Price Target
$73 → $78
Upside
+15.38%
Citi raised the firm's price target on Trip.com to $78 from $73 and keeps a Buy rating on the shares. The firm also opened a "90-day positive catalyst watch" on the shares ahead of the Q4 report at the end of February. Citi expects revenue in line and adjusted earnings slightly above consensus. Into 2025, the analyst sees growth momentum for Trip.com with domestic, outbound and international "likely in good shape," especially for Q1, which it notes has easier compares for outbound.
Parash Jain
HSBC
Hold → Strong Buy
Price Target
$75
Upside
+19.54%
Kevin Kopelman
TD Cowen
Strong Buy
Price Target
$56 → $71
Upside
+13.17%