TRIP Similar Chart Price Prediction
The price of TRIP is predicted to go up 19.55%, based on the high correlation periods with PVH. The similarity of these two price pattern on the periods is 96.86%.
TRIP
PVH
Up: 19.55%Similarity: 96.86%
TRIP Revenue Forecast
TRIP EPS Forecast
TRIP FAQs
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TRIP VS S&P500
Penetration levels are low and growing in the experience and dining markets. Tripadvisor is well positioned to benefit over the long term, given its critical-mass revenue share in these markets.
Tripadvisor's TheFork is the leading online restaurant reservation platform in Europe, where online penetration levels can likely increase.
Tripadvisor garners more than 400 million monthly unique visitors (during normal demand environments) and a large amount of travel content, including more than 1 billion reviews in aggregate, which supports its network advantage.
TRIP Analyst's Forecast
Ronald Josey
Citigroup
Hold
Price Target
$20 → $16
Upside
+7.89%
Citi analyst Ronald Josey lowered the firm's price target on TripAdvisor to $16 from $20 and keeps a Neutral rating on the shares. The firm reduced expectations with the company's total revenue now expected to increase low-single-digit for the full year as Hotel Meta demand headwinds in July likely continue. That said, Citi continues to look for positive growth trends from Viator and TheFork, the analyst tells investors in a research note.