Company Of The Day: Tripadvisor
What?
Tripadvisor (NASDAQ:TRIP) posted a stronger than expected set of Q2 2021 results last week, with revenues up 91% sequentially and 300% year-over-year to $235 million. All lines of business saw year-over-year growth, although the company posted a net loss.
Why?
- Up 26% Already This Year, What Is Next For Tripadvisor Stock?
- Up 21% Since 2023, How Will Tripadvisor Stock Trend Post Q4 Results?
- Down 18% This Year, How Will Tripadvisor Stock Trend Following Q3 Results?
- What’s Next For Tripadvisor Stock?
- Will Tripadvisor Stock See Gains Post Q2?
- Tripadvisor’s Stock Down 10% This Year, What’s Next?
The growth was driven by re-openings across the globe, and pent-up demand for travel in countries where large populations have been vaccinated.
So What?
We believe Tripadvisor stock remains slightly undervalued, given the recent Q2 beat and the stronger prospects for the travel industry in the coming quarters. We value the stock at about $41 per share, a premium of 13% over the current market price.
See Our Complete Analysis For Tripadvisor
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