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Investing.com - Benchmark raised its price target on Trip.com Group Limited (NASDAQ:TCOM) to $82.00 from $80.00 on Tuesday, while maintaining a Buy rating on the stock. This target closely aligns with InvestingPro’s Fair Value assessment, suggesting the stock is currently fairly valued with a market capitalization of $46.33 billion.
The price target increase follows Trip.com’s better-than-expected third-quarter 2025 results, which showed broad-based strength with international markets performing particularly well. The company continues to demonstrate impressive revenue growth of 17.54% over the last twelve months.
Benchmark noted that Trip.com management highlighted resilient domestic and outbound demand, evidenced by 30% year-over-year Golden Week bookings, along with continued market-share gains internationally as the holiday season approaches.
The company guided fourth-quarter revenue above consensus despite disruptions in select markets such as Japan, which contributed to Benchmark’s decision to raise its fiscal year 2025 and 2026 estimates.
Benchmark believes Trip.com has significant leverage on international growth given low penetration across key markets, strong long-haul momentum, and its expanding portfolio of differentiated products and services, positioning the company for scalable, sustainable growth. With a P/E ratio of 19.34 and a favorable PEG ratio of 0.74, Trip.com appears attractively valued relative to its growth prospects. InvestingPro has identified several additional tips for this stock, including its strong balance sheet with more cash than debt. Discover Trip.com’s complete financial health score and detailed Pro Research Report among 1,400+ top stocks analyzed on InvestingPro.
In other recent news, Trip.com Group Ltd reported a remarkable performance for the third quarter of 2025, surpassing earnings expectations. The company’s diluted earnings per share (EPS) reached $4.02, significantly exceeding the forecasted $8.09, reflecting a surprise of 240.67%. Revenue also outperformed predictions, coming in at 18.34 billion USD against the expected 18.19 billion USD. These results highlight the company’s strong financial performance in the recent quarter. Despite the positive earnings and revenue figures, Trip.com’s stock experienced a slight decline in aftermarket trading. The company’s robust performance in Q3 2025 has captured the attention of investors and analysts alike.
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