TCOM Price Prediction Next Week
Technical Analysis: TCOM's stock shows a bullish momentum after recent earnings report. The stock closed at $67.02 on Friday with strong volume of 6.2M shares. RSI-14 at 46.39 indicates neutral territory, while MACD shows slight bearish divergence (-0.42).
Price Levels:
- Support: Fibonacci S1 at $64.04
- Resistance: Fibonacci R1 at $71.12
- Current price trading below 20-day SMA ($69.29), suggesting short-term weakness
News Impact:
- Q4 earnings slightly missed EPS estimates (¥3.85 vs ¥3.89) but revenue topped expectations at ¥12.32B
- Bernstein analysts maintain positive outlook on TCOM, expecting long-term EPS growth benefits from AI implementation in business optimization
Price Prediction for Next Week: Based on technical indicators and recent earnings:
- Bullish Case (60% probability): Price likely to test R1 at $71.12
- Bearish Case (40% probability): May find support at S1 $64.04
Target Price: $71.00
Recommendation: BUY
- Entry point: Current price ($67.23)
- Stop loss: $64.00
- Take profit: $71.00
Rationale:
- Strong revenue growth despite slight EPS miss
- Positive analyst sentiment on long-term growth
- Technical indicators showing potential reversal from oversold conditions
- Price currently at support level with upside potential
TCOM Similar Chart Price Prediction
The price of TCOM is predicted to go up 4.67%, based on the high correlation periods with AG. The similarity of these two price pattern on the periods is 94.47%.
TCOM
AG
Up: 4.67%Similarity: 94.47%
TCOM Revenue Forecast
TCOM EPS Forecast
TCOM FAQs
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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
Fawne Jiang
Benchmark
Strong Buy
2025-01-14
Price Target
$80
Upside
+24.22%
Virtual Meeting to be held on January 9 at 8 am hosted by Benchmark.
Brian Gong
Citigroup
Strong Buy
2025-01-03
Price Target
$73 → $78
Upside
+15.38%
Jiong Shao
Barclays
Buy
2024-11-20
Price Target
$76 → $84
Upside
+28.89%
