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EXPE
Benzinga
193 days

Expedia's Travel Momentum Grows, But Analysts Await Clearer Signs Of Long-Term Upside

1. Expedia exceeded Q4 earnings expectations with $3.18 billion revenue. 2. Bookings reached $24.4 billion, surpassing $23.2 billion estimate. 3. BofA raised price forecast for EXPE from $221 to $250. 4. Analysts show bullish sentiment, driven by strong travel demand. 5. Guidance for 2025 indicates potential revenue growth despite cautious outlook.

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FAQ

Why Bullish?

The strong Q4 results and upward price target revisions indicate positive market sentiment. Past examples include shares increasing after similar positive earnings reports.

How important is it?

The article focuses on strong earnings and analyst upgrades, vital for EXPE's valuation. Given the travel sector's recovery, these insights significantly impact future performance.

Why Long Term?

Sustained travel demand and brand performance suggest ongoing improvement for EXPE in 2025. Historical trends show this growth typically reflects over several quarters.

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