Tripadvisor's stock jumped after Starboard Value disclosed a more than 9% stake in the online travel company in a securities filing. The stake was valued at about $160 million as of Wednesday's close.
The travel sector has recovered well from the uncertainty caused by President Donald Trump's tariffs agenda.
Activist investor Starboard Value has built an over 9% stake in online travel firm Tripadvisor , the Wall Street Journal reported on Wednesday.
The travel-review company's shares have fallen after it rejected takeover offers last year.
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Investors interested in stocks from the Internet - Commerce sector have probably already heard of TripAdvisor (TRIP) and Chewy (CHWY). But which of these two companies is the best option for those looking for undervalued stocks?
TripAdvisor (TRIP) reported earnings 30 days ago. What's next for the stock?
TRIP's first-quarter earnings surpass expectations, driven by growth in its marketplace businesses, including Viator and TheFork.
The headline numbers for TripAdvisor (TRIP) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Tripadvisor, Inc. (NASDAQ:TRIP ) Q1 2025 Earnings Conference Call May 7, 2025 8:30 AM ET Company Participants Angela White - Vice President, Investor Relations Matt Goldberg - President & Chief Executive Officer Mike Noonan - Chief Financial Officer Conference Call Participants Richard Clarke - Bernstein Ben Miller - Goldman Sachs Naved Khan - B. Riley Dae Lee - JPMorgan Trevor Young - Barclays Jed Kelly - Oppenheimer Kevin Kopelman - TD Cowen Tom White - D.A.
TripAdvisor (TRIP) came out with quarterly earnings of $0.14 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.12 per share a year ago.
Tripadvisor's long-term story looks appealing, even as its Q4 earnings disappointed investors hoping for a quicker exit. Its recently closed merger with Liberty TripAdvisor Holdings also clears the way for takeover interest. The pending recession in the U.S. travel industry may hit the company's prospects and disrupt both that long-term story and any new offers from coming in.