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Expedia falls after missing first-quarter revenue estimates

ReutersMay 9, 2025 10:59 AM

Shares of online travel platform Expedia EXPE.O down 9.2% at $153.42 premarket

On Thursday, EXPE missed Wall Street estimates for Q1 revenue on weak U.S. travel demand

EXPE Q1 revenue of $2.98 billion vs est of $3.01 billion, according to data compiled by LSEG

At least four brokerages cut PT on EXPE

Piper Sandler downgrades rating to "underweight" from "neutral"; says commentary around US inbound travel & the B2C business was discouraging and suggests a tough slog from here

"It could also get incrementally worse" - brokerage

15 of 37 brokerages rate the stock "buy" or higher and 22 "hold"; their median PT is $201.33 - LSEG data

As of last close, stock down 9.21% YTD

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