Citi Cuts Trip.com (TCOM) Target to $64 as Q2 Guidance Disappoints
Citi Cuts Trip.com (TCOM) Target to $64 as Q2 Guidance Disappoints.
The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
Trip.com Group Limited (NASDAQ: TCOM ) is one of the best stocks to invest in according to Two Sigma Advisors with huge upside potential . On June 25, Citi analyst Brian Gong cut his price target on Trip.com Group Limited (NASDAQ:TCOM) to $64 from $82 while maintaining a Buy rating.
According to the analyst, the call was made because of Trip.com's disappointing Q2 2026 guidance, where the company projected revenue growth of just 3% to 8%. In his view, this expectation is too sharp of a deceleration from the 17% year-over-year growth the company posted in Q1 2026. The analyst however acknowledged the challenges the company is facing, especially elevated fuel costs, which is a huge factor suppressing travel demand. The suppressed travel demand is feeding directly into the weaker revenue outlook for the current quarter, Gong noted.
Regardless, the analyst's position is that the fundamental long-term case for Trip.com remains intact. This means that the lower target is essentially a recalibration of short-term expectations.
On the same day, Benchmark's Fawne Jiang also cut his target on Trip.com from $72 to $65 and kept a Buy rating on the stock. Like Gong, Jiang explained that his decision came down to Trip.com's "softer-than-expected second-quarter 2026 guidance." Jiang added that his firm lowered its FY2026 forecasts to factor in a cautious demand outlook in the near term, as well as limited visibility through the year's second half.
Trip.com Group Limited (NASDAQ:TCOM) is an online travel company. It operates a portfolio of travel booking platforms including Trip.com, Ctrip, Skyscanner, and Travelfusion, offering hotel reservations, flight ticketing, packaged tours, and corporate travel management services primarily across China and international markets.
While we acknowledge the potential of TCOM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock .
READ NEXT: Billionaire Cliff Asness' Top 10 Healthcare Stock Picks and 10 Best Stocks to Buy Now for Good Returns .
Sinergia Empresarial continuará el seguimiento de esta información sobre citi Cuts Trip.com (TCOM) Target to $64 as Q2 Guidance Disappoints y ampliará la cobertura conforme se confirmen nuevos elementos relevantes para el ecosistema empresarial.
