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Expedia shares declined by more than 20% despite Q2 sales and adjusted EBITDA increasing by 14% and 23%, respectively, and management raising guidance. B2B bookings exceeded $10 billion, with international growth, higher structural margins, and partner integrations supporting further operating leverage. AI represents both an opportunity and a risk, with the Meta Muse partnership keeping Expedia directly involved in travel transactions.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Shares of Expedia Group, Inc (NASDAQ:EXPE) are down 2% to trade at $287.20, after Morgan Stanley assumed coverage of the global travel firm with an "underweight" rating and set a price target of $235.
Expedia Group, Inc. and Booking Holdings Inc. are high-moat, asset-light, global travel leaders offering inflation protection and robust cash flows. EXPE currently offers a more attractive valuation, with an 11.8% free cash flow yield and a forward P/E under 10, compared to BKNG's 6.6% yield. Both companies reported strong Q2 results, with efficiency improvements and raised guidance, but EXPE's balance sheet carries higher net debt/EBITDA.
Expedia Group, Inc. (EXPE) Presents at Goldman Sachs Communacopia + Technology Conference 2026 Transcript
Expedia (EXPE) reported earnings 30 days ago. What's next for the stock?
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Expedia has gained rapidly over the past few months as its fundamental performance gap versus its OTA peers has improved. Q2 bookings showcased 12% growth, outpacing Booking Holdings at 9% growth. EXPE is enjoying particularly fierce demand from its B2B bookings engine.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.