Wall Street Maintains a Positive Outlook on Trip.com (TCOM), Here’s Why

​Trip.com Group Limited (NASDAQ:TCOM) is one of the Cheap NASDAQ Stocks to Buy Now. Wall Street has a positive outlook on Trip.com Group Limited (NASDAQ:TCOM) since the company topped estimates during its fiscal Q3 2025 earnings release on November 17.

​On November 26, Yang Liu, CFA from Morgan Stanley, reiterated a Buy rating on the stock with a price target of $86. Earlier on November 20, Joyce Ju from Bank of America Securities raised the firm’s price target from $83 to $85, while reiterating a Buy rating on the stock.

​Trip.com Group Limited (NASDAQ:TCOM) during the fiscal Q3 grew its revenue by 17.64% year-over-year to $2.58 billion, surpassing estimates by $18.41 million. Moreover, the EPS of $3.88 also topped estimates by $2.75. The performance was mainly driven by strong cross-border travel momentum. Management noted the overall bookings on its international OTA platform grew by 60% year-over-year, whereas the inbound travel bookings increased by more than 100% during the same time.

​Joyce Ju from Bank of America Securities expects Trip.com Group Limited (NASDAQ:TCOM) to grow its international revenue by around 50% to 60% during Q4. He anticipates the international segment will represent a high teen percentage of the total revenue.

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

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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