Evercore ISI Maintains Buy Rating for Expedia with $280 Price Target.

Evercore ISI maintains a Buy rating for Expedia with a price target of $280.00. The company's shares closed at $195.26. TipRanks analyst Mark Mahaney has a 5-star rating and an average return of 14.2%. The Street consensus is a Moderate Buy rating with an average price target of $218.33, an 11.82% upside from current levels.

In a recent report, Evercore ISI analyst Mark Mahaney upgraded Expedia (NASDAQ: EXPE) to a Buy rating with a new price target of $280.00. The upgrade comes on the heels of strong second-quarter 2025 earnings and reflects optimism about the company's growth prospects. As of the close of trading on July 2, 2025, Expedia's shares were trading at $195.26, up 1.35% from the previous day's close.

The upgrade by Evercore ISI is in line with the broader Street consensus, which currently stands at a Moderate Buy with an average price target of $218.33. This represents an 11.82% upside from current levels [3]. The consensus reflects the positive outlook on Expedia's earnings performance and its strategic focus on AI-driven growth and international expansion.

Expedia reported robust second-quarter results, with gross bookings growth of 5% year-over-year and revenues increasing by 6% compared to the same period last year. Adjusted EBITDA grew 16%, with margins expanding 190 basis points year-over-year to 24.0%. The company's business-to-business (B2B) and advertising segments were key growth drivers during the quarter, posting increases of 17% and 19% respectively [2].

Despite the positive earnings report, Expedia's stock experienced a slight decline on August 11, 2025, as economic uncertainties impacted trading volumes. The stock fell 1.35% with trading volume dropping 66.8% to $0.46 billion, ranking 218th in daily volume [3]. However, the company's strategic AI integration and share repurchases of $957 million have bolstered investor confidence, and international markets contributed significant room night growth exceeding mid-teens in key regions.

Analysts across the board have shown confidence in Expedia's growth trajectory. DA Davidson raised its price target to $218.00, while other firms like Benchmark, BofA Securities, RBC Capital, Piper Sandler, and UBS have also adjusted their price targets upwards, reflecting the positive sentiment around Expedia's performance [2].

In conclusion, Evercore ISI's upgrade to a Buy rating with a $280 price target underscores the market's optimism about Expedia's future prospects. The company's strong earnings performance and strategic focus on AI and international growth make it an attractive investment opportunity for investors.

References:
[1] https://www.ainvest.com/news/evercore-isi-maintains-buy-rating-akamai-105-price-target-2508/
[2] https://in.investing.com/news/analyst-ratings/da-davidson-raises-expedia-stock-price-target-to-218-on-strong-q2-results-93CH-4954540
[3] https://www.ainvest.com/news/expedia-slides-218th-daily-volume-strong-q2-earnings-ai-driven-growth-strategy-2508/