TCOM Price Prediction Next Week
Technical Analysis:
Based on recent price action, TCOM has shown significant weakness, falling 15.43% after reporting Q4 financial results. The stock has broken below key support levels and shows a concerning downward trend.
- Price has fallen in 8 of the last 10 trading days, declining 18.73% during this period
- Volume patterns show distribution, with declining volume on up days and increasing volume on down days
- Key support level at $55.69 was tested in recent trading
- Next major support zone appears around $47.93 based on technical patterns
News & Fundamental Analysis:
Recent Q4 earnings release has triggered significant selling pressure:
- Stock declined sharply post earnings announcement
- DBS analyst maintains Buy rating with HK$646 price target, suggesting potential upside
- Strong consensus rating among analysts remains "Strong Buy" with price target consensus of HK$621.23
Price Forecast for Next Week:
Based on technical deterioration and negative momentum:
- Bearish scenario (70% probability): Further decline to $47-49 range
- Neutral scenario (20% probability): Consolidation between $54-57
- Bullish scenario (10% probability): Bounce to resistance at $61.08
Trading Recommendation: SELL
Rationale:
- Broken key technical support levels
- High volume selling pressure
- Negative price momentum
- 8 out of 10 days showing price decline
Target price: $47.93 Stop loss: $61.08 (previous resistance level)
The stock appears likely to continue its downward trajectory in the coming week based on technical breakdown and selling pressure, despite positive analyst sentiment. The risk/reward ratio favors short positions or staying out of the stock until clear signs of stabilization emerge.
TCOM Similar Chart Price Prediction
The price of TCOM is predicted to go up -1.2%, based on the high correlation periods with TEVA. The similarity of these two price pattern on the periods is 96.08%.
TCOM
TEVA
Down: -1.2%Similarity: 96.08%
TCOM Revenue Forecast
TCOM EPS Forecast
TCOM FAQs
What is TCOM revenue forecast for next quarter？
What is TCOM 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
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%
