Argus Research raises Expedia's PT on strong growth outlook

Expedia

07/07/2026 12:59

** Argus Research raises price target on online travel agency Expedia EXPE.O to $315 from $270; reiterates "buy" rating 
** New PT represents an 18.1% premium to stock's last close 
** Brokerage expects continued investment in new products, alongside carefully managed expenses, increased marketing expenditure, and international expansion, to drive stronger operating leverage and support margin expansion
** Looking ahead, bookings are likely to benefit from increasing demand in the U.S. over the next 12 months - brokerage
** Expects EXPE's new loyalty program and AI-related improvements to its technology platform to drive rapid earnings growth; estimates a long-term EPS growth rate of 25%
** Median PT of 38 brokerages covering the stock is $278 - data compiled by LSEG 
** As of last close, EXPE down ~6% YTD 

 (Reporting by Megavarshini G. Somasundaram in Bengaluru)
 ((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))