BUZZ-Argus raises PT on Expedia to $340

Reuters
2025.12.29 18:14
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Argus Research has raised its price target on Expediato $340 from $300, indicating an 18.2% upside. The brokerage highlights increased investments in new products, managed expenses, and international growth. For Q3 2025, Expedia's D2C segment saw a 7% rise to $21.34 billion, while B2B bookings grew 26% to $9.38 billion. The new price target reflects a 19x multiple of the 2026 EPS estimate. Currently, 15 of 38 brokerages rate the stock as "buy" or higher, with a median price target of $271.50. EXPE is up 54.3% year-to-date.