Argus raises PT on Expedia to $340

Argus Research raises PT on online travel platform Expedia EXPE.O to $340 from $300, a 18.2% upside to the stock's last close

Brokerage cites increased investments in new products, carefully managed expenses, higher marketing spend and international growth

For 3Q25, EXPE's D2C segment, which includes its iconic Hotels.com and short-term rental platform Vrbo, rose 7% to $21.34 billion gross, while B2B gross bookings grew 26% to $9.38 billion

Brokerage expects EXPE to benefit from the growth of its Vrbo vacation rentals segment as well as its loyalty program

EXPE's new PT implies 19x multiple of our 2026 EPS estimate, brokerage says

15 of 38 brokerages rate the stock "buy" or higher and 23 hold; their median PT is $271.50 — data compiled by LSEG

As of last close, EXPE up 54.3% YTD