JPMorgan Raises Trip.com (TCOM) Price Target on Strong Q2 Results

Trip.com Group Limited (NASDAQ:TCOM) ranks among the best Asian stocks to buy. On August 29, JPMorgan boosted its price target for Trip.com Group Limited (NASDAQ:TCOM) to $90 from $75, maintaining an Overweight rating on the stock. The upgrade comes after Trip.com Group reported strong second-quarter 2025 results and a positive financial outlook for the third quarter of 2025.

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According to the firm, Trip.com Group Limited (NASDAQ:TCOM) has lagged behind the sector average by 10 percentage points over the last three months due to investor concerns over JD’s prospective entry into the China domestic OTA market.

However, JPMorgan believes Trip.com Group Limited (NASDAQ:TCOM) has a solid position as a market leader in online travel agencies, with a strong presence among mid- to high-end consumers, enabling it to capitalize on numerous key opportunities, including ripple effects from an A-share rise.

Global travel service company Trip.com Group Limited (NASDAQ:TCOM) provides end-to-end solutions for the corporate travel, lodging, tour, and transportation sectors.

While we acknowledge the potential of TCOM to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TCOM and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.