Citi Initiates Coverage of Tripadvisor (TRIP) Stock With Neutral Rating
From Yahoo Finance: 2025-05-29 18:00:00
Analysts at Citi initiated coverage on Tripadvisor, Inc. (NASDAQ: TRIP) with a “Neutral” rating and a $16.00 price target, citing growth in Viator and positive revenue trends at Brand TripAdvisor.
Viator saw 10% YoY revenue growth to $156 million in Q1 2025, with Gross bookings value reaching $1.1 billion, showing ~10% YoY growth.
Tripadvisor expects consolidated revenue growth of 5% – 8% and mid-teens growth in experiences booked at Viator for Q2 2025.
Analysts will focus on Viator and Brand TripAdvisor performance, strategic investments, and navigating economic uncertainties. Tripadvisor anticipates mid-teens growth in experiences booked, revenue growth of 9% – 11%, and mid- to high-single digits EBITDA margin at Viator.
Read more at Yahoo Finance: Citi Initiates Coverage of Tripadvisor (TRIP) Stock With Neutral Rating