Ascendiant Capital Rates NextTrip (NTRP) buy, $7.50 Price Target

Ascendiant Capital reiterates its buy rating on NextTrip, Inc. with a target price of $7.50, citing recent performance improvements, a 247.22% upside from the current price.

By EarningsIQ Research Desk · Published Jun 12, 2026, 9:17 PM EDT · Updated Jun 13, 2026, 1:00 AM EDT

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Ascendiant Capital rated NextTrip, Inc. ($NTRP) "buy" with a $7.50 price target on June 10, 2026.

Since the rating, $NTRP is down 9.8% after 1 week, down 6.2% after 1 month and down 39.3% to date (from the $2.24 close on Jun 10, 2026).

NTRP NextTrip, Inc.

$1.36 -59.88% year to date

Daily close · Oct 16, 2026

Key Points

Ascendiant Capital reiterated its buy rating on NextTrip, Inc. (NTRP) on June 10, 2026, with a price target of $7.50.
Ascendiant Capital's $7.50 price target implies 247.22% upside from NextTrip, Inc.'s ($NTRP) current $2.16 share price.
The stock recently closed at $2.16, rising from a previous close of $1.78, reflecting a positive sentiment in the market.
NextTrip, Inc. is set to report earnings on October 15, 2026, and analysts are optimistic about its revenue growth.

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Ascendiant Capital Reiterates Buy Rating

On June 10, 2026, Ascendiant Capital reaffirmed its buy rating on NextTrip, Inc. (NTRP) with a price target of $7.50. This announcement reflects confidence in the company's recent performance and growth potential. The stock was trading at $2.16, up from $1.78, indicating a positive trend in the market.

Recent Analyst Insights

Analyst Edward Woo from Ascendiant Capital maintained the buy rating while adjusting the price target to $7.75 from the previous target of $7.50. This change, announced on September 14, 2026, signals continued optimism about NextTrip's prospects as the company navigates its path in the travel services industry. The average target price among analysts stands at $6.92, based on three opinions, with a consensus recommendation of strong buy.

How NTRP Stock Has Traded

NextTrip shares have shown significant movement, currently trading above its 50-day moving average of $1.61. The stock's performance is noteworthy considering its 52-week low of $0.90 and high of $5.20. This volatility suggests that investors are actively reacting to developments within the company and the broader travel sector.

12-month forecast

$NTRP price target

NextTrip, Inc. daily closes and this analyst's $7.50 target. Not advice.

Recent Earnings and Growth

NextTrip recently reported revenue of about $5.03 million, with a revenue growth rate of approximately 9.46%. While the company continues to face challenges reflected in its negative EPS of -$1.36, the growth in revenue indicates potential for improvement as it expands its travel booking and media platforms. The next earnings report is scheduled for October 15, 2026, which could provide further insight into the company’s financial health.

Insider Buying and Selling at NextTrip, Inc.

On June 18, 2026, insider David Jiang purchased 18,200 shares of NextTrip. The transaction underscores confidence from within the company as insiders often have a keen insight into the firm's operations and future potential. This sale, however, did not disclose a specific price or total value, keeping some details about the transaction private.

What NTRP Does

NextTrip, Inc. is a technology-driven travel company based in Santa Fe, New Mexico. It operates a comprehensive travel booking and media platform, catering to leisure, group, and business travelers both in the U.S. and internationally. The company has been diversifying its offerings, which positions it well in the competitive travel services market.

What's Ahead for NTRP

Investors will be keen to watch for NextTrip's upcoming earnings report on October 15, 2026. This will provide important context regarding its growth trajectory and financial stability. It's worth noting that the recent analyst ratings and insider transactions reflect a generally positive outlook, despite the inherent risks in the travel industry. As the company navigates through these dynamics, its ability to meet or exceed expectations will be crucial.