TripAdvisor (NASDAQ:TRIP) Given New $22.00 Price Target at The Goldman Sachs Group

TripAdvisor (NASDAQ:TRIP) had its price target lowered by The Goldman Sachs Group from $25.00 to $22.00 in a research report released on Tuesday,Benzinga reports. The firm currently has a buy rating on the travel company’s stock.

Several other research analysts have also recently issued reports on TRIP. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $20.00 target price on shares of TripAdvisor in a research report on Friday, November 7th. Jefferies Financial Group dropped their price objective on TripAdvisor from $13.00 to $12.50 and set an “underperform” rating on the stock in a research note on Thursday, December 11th. B. Riley Financial cut their price objective on shares of TripAdvisor from $21.00 to $18.00 and set a “neutral” rating on the stock in a report on Monday, November 10th. Wall Street Zen downgraded shares of TripAdvisor from a “buy” rating to a “hold” rating in a report on Saturday. Finally, Wedbush lowered their target price on shares of TripAdvisor from $15.00 to $12.00 and set a “neutral” rating for the company in a report on Friday, February 13th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, seven have given a Hold rating and five have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, TripAdvisor presently has a consensus rating of “Hold” and an average price target of $15.32.

TripAdvisor Trading Up 9.7%

NASDAQ TRIP opened at $10.54 on Tuesday. The stock has a market capitalization of $1.23 billion, a P/E ratio of 35.13, a P/E/G ratio of 0.83 and a beta of 1.01. The business has a 50 day simple moving average of $13.60 and a 200 day simple moving average of $15.39. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.29 and a quick ratio of 1.33. TripAdvisor has a one year low of $9.46 and a one year high of $20.16.

TripAdvisor (NASDAQ:TRIP) last released its quarterly earnings data on Thursday, February 12th. The travel company reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.11). The company had revenue of $411.00 million for the quarter, compared to the consensus estimate of $412.53 million. TripAdvisor had a return on equity of 10.67% and a net margin of 2.12%.TripAdvisor’s revenue for the quarter was up .0% compared to the same quarter last year. During the same period last year, the company earned $0.30 EPS. Research analysts expect that TripAdvisor will post 0.46 earnings per share for the current year.

Institutional Trading of TripAdvisor

Several institutional investors and hedge funds have recently modified their holdings of TRIP. Certares Management LLC increased its stake in TripAdvisor by 177.3% in the second quarter. Certares Management LLC now owns 4,751,818 shares of the travel company’s stock valued at $62,011,000 after acquiring an additional 3,037,959 shares during the last quarter. Federated Hermes Inc. raised its holdings in shares of TripAdvisor by 375.4% during the 2nd quarter. Federated Hermes Inc. now owns 2,137,374 shares of the travel company’s stock valued at $27,893,000 after buying an additional 1,687,816 shares in the last quarter. Alyeska Investment Group L.P. bought a new stake in TripAdvisor in the 3rd quarter worth approximately $26,848,000. Ameriprise Financial Inc. lifted its position in TripAdvisor by 24.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 7,416,019 shares of the travel company’s stock worth $120,585,000 after buying an additional 1,445,607 shares during the last quarter. Finally, Blue Grotto Capital LLC purchased a new stake in TripAdvisor in the second quarter worth approximately $15,686,000. Hedge funds and other institutional investors own 98.99% of the company’s stock.

TripAdvisor News Roundup

Here are the key news stories impacting TripAdvisor this week:

• Positive Sentiment: Activist pressure: Starboard Value has built roughly a 9% stake and is pushing for a major board overhaul and possible sale, which investors often view as a catalyst to unlock shareholder value. That activist campaign is the principal immediate driver of today’s strength. Reuters: Tripadvisor engages with Starboard
• Positive Sentiment: Goldman Sachs keeps a “buy”: Goldman Sachs trimmed its price target from $25 to $22 but maintained a Buy rating — the new target still implies a large upside vs. the recent share price, which supports bullish sentiment. Benzinga
• Neutral Sentiment: Company engagement: Tripadvisor confirmed it has engaged with Starboard and issued a public statement about the discussions, suggesting a constructive dialogue rather than immediate escalation. That reduces some binary risk but leaves outcomes uncertain. PR Newswire: Tripadvisor statement
• Neutral Sentiment: Analyst/market commentary: Several outlets and research pieces are debating whether activist pressure can revive TRIP; some screen-based value scores highlight TRIP as a value candidate, which may attract more activist‑oriented or value investors. TipRanks: Will activist pressure revive TRIP?
• Negative Sentiment: Broker downgrades/targets cut: Several firms have lowered price targets recently (Wedbush, BTIG and others), signaling reduced near‑term upside in some street models and reflecting concerns after an earnings miss. These cuts add downside pressure if the activist route stalls. MSN: Wedbush cuts target BTIG target cut
• Negative Sentiment: Recent fundamentals: TripAdvisor missed EPS expectations in its February quarter and the stock had been weak heading into the activist news — underlying margin/revenue concerns are still a headwind if operational improvement doesn’t follow. WSJ: Starboard push and earnings context

About TripAdvisor

TripAdvisor (NASDAQ:TRIP) is a leading online travel company that operates a digital platform for travel information, reviews and booking services. The company’s flagship website and mobile apps allow users to access and contribute travel-related content—ranging from hotel and restaurant reviews to ratings for tours, attractions and vacation rentals—helping consumers plan and book trips around the world.

The core of TripAdvisor’s offering is its community-driven review system, which aggregates user-generated feedback alongside editorial content and professional photography.