Wedbush Reiterates Buy Rating on Tripadvisor, Inc. (TRIP)
Wedbush maintains its buy rating for Tripadvisor with a $20 price target.
Key Points
- Wedbush reiterated its buy rating on Tripadvisor, Inc. (TRIP) with a $20 price target on June 16, 2026.
- Tripadvisor shares are trading near $12.61, with a market cap of about $1.49 billion and a forward P/E ratio of 7.94.
- Insider Almir Ambeskovic sold shares on June 2, 2026, while Wedbush and other analysts have varied ratings and targets.
On June 16, 2026, Wedbush reiterated its buy rating for Tripadvisor, Inc. (NasdaqGS: TRIP), setting a price target of $20. Shares of the online travel company were trading around $12.61 at the time of the report.
Other Institutional Activity in Tripadvisor
BlackRock, Inc. reduced its holdings by 95,016 shares, ending with 16,807,973 shares valued at approximately $179.17 million. Starboard Value LP increased its position by 1,130,000 shares, resulting in 10,774,996 shares worth about $114.86 million. Ameriprise Financial Inc added 115,161 shares to hold 8,355,726 shares valued at around $89.07 million. Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both reported new positions of 6,575,209 shares ($70.09 million) and 5,176,260 shares ($55.18 million) respectively. Nuveen, LLC significantly boosted its stake by 1,612,765 shares to 4,968,075 shares, valued at $52.96 million.
Tripadvisor Stock Snapshot
Shares of NasdaqGS:TRIP are trading near $12.61. Tripadvisor has a market cap of approximately $1.49 billion, a P/E ratio of 116.45, and a forward P/E of 7.94. The stock has a 52-week low of $9.01 and a high of $20.16, with a 50-day moving average of $11.03 and a 200-day moving average of $13.29. The company's current ratio is 1.25, with a quick ratio of 1.20 and a debt-to-equity ratio of 199.79.
Recent Earnings
Tripadvisor reported revenue of $1.88 billion with a slight revenue decline of 4%. The company achieved an EPS of $0.11, a net margin of 0.99%, and a return on equity of 2.94%. The next earnings release is scheduled for August 6, 2026.
Insider Buying and Selling at Tripadvisor, Inc.
On June 2, 2026, Almir Ambeskovic, CEO of TheFork, sold 8,000 shares at an average price of $12.30 under a planned sale. Earlier, on May 18, 2026, he sold 4,471 shares at $9.74, and on May 15, 2026, he bought 9,259 shares at $10.93.
Analysts Set New Price Targets
On June 16, 2026, Wedbush maintained its buy rating with a $20 price target. DA Davidson on June 15, 2026, maintained a hold rating with a $15.50 target. Barclays previously maintained a sell rating with a $9 target on May 11, 2026. The consensus rating for Tripadvisor is hold, with a mean price target of $13.73 based on 16 analyst opinions.
About Tripadvisor
Tripadvisor, Inc. is a global online travel company based in Needham, Massachusetts. It offers travel guidance products and services through segments like Experiences, Hotels and Other, and TheFork. The company enables users to discover and book travel experiences, accommodations, and restaurants. Founded in 2000, it is led by CEO Matthew Goldberg and employs around 2,555 people.
Bottom Line
Wedbush's reiteration of a buy rating for Tripadvisor reflects confidence in the company's potential, despite its current trading price around $12.61. Investors track these ratings for insights into potential stock movements. Remember, 13F filings and analyst ratings are backward-looking and may not reflect the latest market conditions.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.