Expedia(EXPE) soars 1.45% on Cantor Fitzgerald price target hike

Expedia(EXPE) shares surged 1.45% today, marking the fifth consecutive day of gains, with a total increase of 7.79% over the past five days. The stock price reached its highest level since March 2025, with an intraday gain of 1.51%.

The strategy of buying EXPE shares after they reach a recent high and selling them one week later resulted in no return over the past five years. The strategy had a CAGR of 0.00% and an excess return of -58.87%, significantly underperforming the benchmark return of 58.87%. Additionally, the strategy had a maximum drawdown of 0.00% and a Sharpe ratio of 0.00%, indicating it failed to capture any returns or provide risk-adjusted benefits.

Cantor Fitzgerald recently raised its price target for Expedia to $200, citing stable demand as a key factor. This move reflects a positive outlook on the company's financial performance, which has likely contributed to the recent upward trend in its stock price.

Expedia's strong recent performance is further evidenced by its one-month return of 9.60% and a 52-week gain of 39.80%. These figures indicate that the company has been performing well in the market, attracting investor interest and driving up its stock price.

However, technical indicators as of July 22, 2025, showed overbought conditions and a KDJ death cross for Expedia. These signals may influence short-term trading behavior, potentially leading to some volatility in the stock price as traders react to these technical cues.