Can Tripadvisor Stock Rebound After An 11% Fall?

-29.00%
Downside
27.12
Market
19.25
Trefis
TRIP: Tripadvisor logo
TRIP
Tripadvisor

Tripadvisor’s stock (NASDAQ: TRIP), an online travel company providing booking for hotel reservations, transportation, lodging, travel experiences, and restaurants, has declined by almost 11% over the last ten trading days (two weeks) and currently stands at around $33. In comparison, the broader S&P500 index increased 4% over the same period. In Q2, Tripadvisor’s revenues were up 91% sequentially from $123 million in Q1 2021 to $235 million in Q2 2021 and were up 300% from a mere 59 million in the corresponding quarter in 2020. All lines of business saw an increase in revenue year-over-year, with hotels and media services up 311% to $156 million and experiences and dining up 386% to $68 million.

It is also worth mentioning that Tripadvisor’s monthly users on its website increased each month of Q2 2021 – reaching 59%, 71%, and 79%, of 2019’s comparable periods, respectively, through April, May, and June. Also, U.S. monthly unique users in June 2021 were 85% of June 2019 levels, and European monthly unique users exceeded 90% of the comparable 2019 level, as the regions continued to increase vaccination numbers. That said, the company overall recovered 70% of its user base in Q2 2021, above the 55% level recorded in Q1 2021. This fast recovery trend indicates that the company is on the right path to a full recovery in upcoming quarters. 

Based on our machine learning analysis of trends in the stock price over the last ten years, there is a 53% chance of a rise in TRIP stock over the next month (twenty-one trading days). See our analysis on TRIP Stock Chance Of Rise for more details. And if you are considering TRIP’s stock as an investment option over a longer time frame, you can also explore the Tripadvisor’s Revenues dashboard.

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[1] Returns of -3.6% or lower during five-day period in 532 times out of 2484; Stock rose in the next five days in 278 of these 532 instances

[2] Returns of -11% or lower during ten-day period in 216 times out of 2479; Stock rose in the next ten days in 120 of these 216 instances

[3] Returns of -2.2% or lower during twenty-one-day period in 1041 times out of 2468; Stock rose in the next twenty-one days in 547 of these 1041 instances

There are several stocks that look like a Better Bet Than TRIP stock. It is also helpful to see how Tripadvisor peers stack up. TRIP Stock Comparison With Peers shows how it compares against other peers on metrics that matter.

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