Company Of The Day: Expedia
What?
Travel in the U.S. is likely to see a solid rebound over the July 4th holiday weekend, while largely holding up through the summer. This should bode well for travel players such as Expedia (NASDAQ:EXPE).
Why?
- Expedia Stock is Up 75% Since 2023. Where Is It Headed Post Q4?
- What To Expect From Expedia’s Q3 After Stock Up 8% This Year?
- Can Expedia Stock Return To Pre-Inflation Shock Highs?
- Can Expedia’s Stock Rebound After Falling 50% Over The Last Year?
- Expedia Stock To Likely See Little Movement Post Q4
- 28% Gains Left For Expedia Stock?
There is likely to be significant pent-up demand for travel, as it has now been almost 16 months since the initial Covid lockdowns. Moreover, about 46% of Americans are now fully vaccinated against Covid-19, and mask mandates have also been lifted in multiple tourist destinations.
So What?
We expect Expedia’s revenues to surge by over 55% this year, as travel demand rebounds.
See Our Complete Analysis For Expedia
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