Jefferies lifts TripAdvisor rating to Hold and cuts price target to $7
Jefferies upgraded TripAdvisor Inc. from Underperform to Hold and lowered its price target from $8.00 to $7.00. The broker trimmed its 2028 revenue outlook by 3% and its 2028 EBITDA outlook by roughly 10% because of weaker growth in the Experiences segment. The rating change follows TripAdvisor's third‑quarter 2026 results of $436.4 million revenue and $0.37 earnings per share, both below analysts' expectations.
Why it matters
The reduced price target and lower 2028 forecasts may weigh on the stock, which is already trading near its 52‑week low of $6.95. Jefferies' neutral stance could also influence other analysts covering the company.
Key facts
- 1Jefferies lowered its price target for TripAdvisor to $7.00 from $8.00. investing.com
- 2The broker cut its 2028 revenue estimate by 3%. investing.com
- 3Jefferies reduced its 2028 EBITDA estimate by approximately 10%. investing.com
- 4TripAdvisor reported third‑quarter 2026 revenue of $436.4 million. investing.com
- 5TripAdvisor reported adjusted earnings of $0.37 per share for the same quarter. investing.com
- 6The stock is trading near its 52‑week low of $6.95. investing.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.