---
title: "Citi slightly raised its earnings forecast for Trip.com for the next two years, rating it as \"Buy.\""
description: "Citigroup released a research report stating that due to strong travel demand during the Spring Festival holiday, Trip.com-S recorded double-digit growth in both domestic hotel and outbound bookings, "
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/277135935.md"
published_at: "2026-02-27T02:56:40.000Z"
---

# Citi slightly raised its earnings forecast for Trip.com for the next two years, rating it as "Buy."

> Citigroup released a research report stating that due to strong travel demand during the Spring Festival holiday, Trip.com-S recorded double-digit growth in both domestic hotel and outbound bookings, with a good growth momentum in the first quarter. Citigroup raised its profit forecasts for Trip.com by 2% and 1% for the next two years, maintaining its "Buy" rating and target price of $82 for U.S. stocks, believing that Trip.com's valuation is more attractive

Citi published a research report indicating that, benefiting from strong travel demand during the Spring Festival holiday, Trip.com-S (09961.HK) recorded double-digit year-on-year growth in domestic hotel night stays and outbound bookings, reflecting a good growth momentum for domestic and outbound business in the first quarter of this year. The booking growth momentum for its platform Trip.com also maintained an approximately 60% year-on-year increase.

The bank believes that inbound tourism to China is performing strongly, and Trip.com may benefit from its brand advantages and the scale of its travel products in the Chinese market. The investigation launched earlier by the State Administration for Market Regulation is still ongoing, and Citi believes that it may bring uncertainty to the group's domestic hotel business in the short term, but remains optimistic about its positioning in the travel industry.

Based on the stronger-than-expected growth momentum in the first quarter and robust demand for tourism in China, Citi has raised its earnings forecasts for this year and next year by 2% and 1%, respectively, maintaining a "Buy" rating for Trip.com (TCOM.US) with a target price of $82, believing that Trip.com's valuation has become more attractive after the recent market weakness

### Related Stocks

- [PEJ.US - Invesco Leisure & ENT ETF](https://longbridge.com/en/quote/PEJ.US.md)
- [TCOM.US - Trip.com](https://longbridge.com/en/quote/TCOM.US.md)
- [AWAY.US - ETFMG Travel Tech ETF](https://longbridge.com/en/quote/AWAY.US.md)
- [09961.HK - TRIP.COM-S](https://longbridge.com/en/quote/09961.HK.md)
- [BEDZ.US - AdvisorShares Hotel ETF](https://longbridge.com/en/quote/BEDZ.US.md)
- [FLYU.US - MicroSectors™ Travel 3X Leveraged ETNs](https://longbridge.com/en/quote/FLYU.US.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| Trip.com Group Posts Strong 2025 on Surging International and Inbound Travel | Trip.com Group Ltd. reported strong fourth-quarter and full-year 2025 results, with international bookings up 60% year-o | [Link](https://longbridge.com/en/news/276958051.md) |
| Trip.com Group Q4 Non-GAAP Earnings, Revenue Rise | 05:29 PM EST, 02/25/2026 (MT Newswires) -- Trip.com Group ( TCOM ) reported Q4 non-GAAP net income late Wednesday of 4.9 | [Link](https://longbridge.com/en/news/276951645.md) |
| 23:08 ETTrip.com Partners with JR Companies to Offer Nationwide Shinkansen Tickets to International Travellers | Trip.com has partnered with major Japanese railway companies to offer Shinkansen tickets to international travellers. Th | [Link](https://longbridge.com/en/news/276980475.md) |
| ZAWYA-PRESSR: Aleph Hospitality to manage Four Points by Sheraton Makkah Ibrahim Al Khalil | Aleph Hospitality has secured the management of the Four Points by Sheraton Makkah Ibrahim Al Khalil hotel in Saudi Arab | [Link](https://longbridge.com/en/news/276577640.md) |
| 08:23 ETMews reinforces position as hospitality's operating system | Mews is positioning itself as the operating system for hospitality, aiming to unify revenue, operations, and guest exper | [Link](https://longbridge.com/en/news/276605684.md) |

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.