DA Davidson Lifts TripAdvisor Price Target After Strong Q1 Report

On May 28, DA Davidson updated its TripAdvisor Inc. (NASDAQ:TRIP) financial model, maintaining a Neutral rating but marginally raising the price target from $16 to $16.25. The update follows the release of the company’s first-quarter 2025 earnings on May 7.

DA Davidson Lifts TripAdvisor Price Target After Strong Q1 2025 Results

In addition to exceeding DA Davidson’s own estimate of $389.7 million and the average expectation of $386 million, TripAdvisor’s first-quarter revenue of $398.2 million represented a 1% year-over-year gain. With an 11% margin, the first-quarter’s EBITDA was recorded at $43.8 million. This amount significantly exceeded DA Davidson’s projection of $23.5 million as well as the average expectation of $24 million.

Given the company’s strong first-quarter performance and promising start to the second-quarter, DA Davidson analysts have slightly raised their 2025 revenue forecast for the travel platform by less than 1%.

TripAdvisor Inc. (NASDAQ:TRIP) is an American company that runs user-generated content mobile apps, comparison shopping websites, and online travel agencies.

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