Expedia Group Stock Surges 4.49% to 12-Month High on Strong Earnings Analyst Upgrades

Expedia Group’s stock climbed to its highest level so far this month on Nov. 13, surging 4.49% intraday amid strong earnings and analyst upgrades. The rally pushed the shares to a 12-month peak, signaling renewed investor confidence in the travel giant’s post-pandemic recovery momentum.

The surge followed Expedia’s Nov. 6 earnings report, which showed a $7.57 per-share profit—$0.47 above estimates—and $4.41 billion in revenue, a 8.7% year-over-year increase. Analysts highlighted the company’s diversified portfolio, including brands like Hotels.com and Vrbo, as key drivers of demand. BMO Capital Markets and Robert W. Baird both raised price targets to $250 and $280, respectively, citing optimism about holiday travel and strategic expansion in B2B and B2C segments. The stock now trades near its 52-week high of $270.22.

Expedia’s market position remains bolstered by its 7.94% net margin and $33.16 billion market cap, with a recent $0.40 quarterly dividend (0.6% yield) reinforcing shareholder returns. Technical indicators also support the rally, as the current price of $268.04 outpaces both 50-day and 200-day moving averages. However, a beta of 1.58 underscores heightened volatility compared to the S&P 500, which may test patience during broader market corrections. Investors will likely monitor holiday booking trends and macroeconomic conditions as key near-term catalysts.