Trip.com shares hit 52-week low after weak Q2 outlook

Earnings

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Summary · why it matters

Trip.com shares fell nearly 13% to a new 52-week low after the company guided for second-quarter revenue growth of just 3% to 8%, a sharp deceleration from the 17% growth reported in the first quarter. First-quarter revenue reached $2.35 billion, beating estimates, driven by a 90% surge in inbound China bookings and a 65% jump in international platform bookings. Management cited rising energy prices, geopolitical tensions, and operational upgrades tied to an ongoing anti-monopoly investigation as factors weighing on the outlook. Despite the selloff, analysts maintain a consensus Moderate Buy rating with an average price target of $68, implying over 65% upside, and the stock trades at a steep discount to peers like Booking Holdings and Airbnb.

Trip.com Group Ltd ▼