Expedia Stock News

The reasons behind the August market meltdown are numerous and are already moving into the rearview mirror of investors. A coolish reading in the July producer price index (PPI) has investors putting their foot on the gas to get ahead of the Federal Reserve cutting interest rates.

New Citi price targets were recently released. Citigroup is one of the largest financial institutions in the world and has analysts who perform in-depth research on stocks.

Investment bank Wedbush may be best-known for its sell-side coverage of high-profile tech stocks like Tesla (NASDAQ: TSLA ), but taking a look at the new Wedbush price targets, you'll find that the EV maker is not on this list. Neither are many of the other well-known names in tech.

Expedia surprised the markets with a Q2 turnaround, sending shares up ~10% after earnings. The company achieved an acceleration in bookings growth to 6% y/y, while rival Booking.com's bookings decelerated to 4% y/y. The company continues to develop its One Key program, touting its cash-back advantages against rivals' weaker loyalty initiatives. In July, the company also released new One Key cre...

Expedia Group stock is at a decent valuation for a second-class business but is showing signs of limited growth potential. Expedia operates as an online travel company with multiple brands and faces tough competition from Booking and Airbnb. Despite recent positive financial results, Expedia's balance sheet and capital allocation raise concerns about long-term sustainability.

The S&P 500 and the Nasdaq added around 0.5% on Friday, wrapping up a volatile trading week as economic uncertainties pressured stocks. The Dow was up 0.1% on the day.

Analysts at Wedbush have upped their price target on Expedia Group Inc (NASDAQ:EXPE, ETR:E3X1) after the online travel agency posted “better-than-feared” second quarter earnings amid moderating demand trends and macro uncertainty, tightening booking windows, and softer pricing across flights and hotels. “Though management's guidance for both Q3 and the full year were modestly below estimates, o...

Expedia topped estimates in its second-quarter earnings report. The company sees a consumer slowdown ahead and issued poor guidance for the third quarter.