Citi analyst sets $78 price target for Trip.com Group, optimistic about market positioning and financial strategies

From Yahoo Finance: 2025-06-30 11:31:00

Trip.com Group Limited (NASDAQ: TCOM) is rated as one of the 11 Best Strong Buy Stocks to Invest in Now, with a $78.00 price target set by Citi analyst Brian Gong. The company’s market positioning and financial strategies support this positive outlook.

The share repurchase agreement with MakeMyTrip (MMYT) boosts Trip.com Group Limited’s (NASDAQ: TCOM) potential, making it the largest minority shareholder. This deal, coupled with offshore cash availability, promises higher shareholder returns.

Analyst Brian Gong notes that concerns about JD’s expansion into online travel seem to be mitigated, as the company has not significantly increased marketing efforts, potentially missing peak season opportunities.

Trip.com Group Limited (NASDAQ: TCOM) offers a wide range of travel services globally under brands like Ctrip and Skyscanner. While it presents investment potential, certain AI stocks may offer greater upside with less risk.

For those seeking investment opportunities beyond TCOM, consider exploring our report on the best short-term AI stock. Stay informed on market trends with articles like The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.

Read more: Citi Maintains a Buy Rating on Trip.com Group (TCOM), Sets a $78 Price Target