Morgan Stanley Raises Expedia Price Target to $165, Maintains Equal Weight Rating

Morgan Stanley has raised its price target for Expedia (EXPE) to $165 from $150, maintaining an Equal Weight rating. The firm's optimism is driven by improved macroeconomic conditions and reduced tariffs on China. Analysts forecast an average target price of $190.40 with a high estimate of $290.00 and a low estimate of $135.00, suggesting an upside of 2.96% from the current price of $184.93.

Morgan Stanley has revised its price target for Expedia Group (EXPE) to $165 from $150, maintaining an Equal Weight rating. The firm's optimism is driven by improved macroeconomic conditions and reduced tariffs on China. Analysts forecast an average target price of $190.40, with a high estimate of $290.00 and a low estimate of $135.00, suggesting an upside of 2.96% from the current price of $184.93 [1].

In the first quarter, AustralianSuper Pty Ltd cut its position in Expedia Group shares by 63.3%, owning 296,938 shares after selling 511,662 shares [1]. Despite this reduction, institutional investors continue to show interest in the stock. For instance, Minot DeBlois Advisors LLC, Sava Infond d.o.o., Prudent Man Investment Management Inc., Park Square Financial Group LLC, and Optiver Holding B.V. have all purchased new positions in Expedia Group in recent quarters [1].

Analysts have also been active in their assessments of Expedia Group. Piper Sandler downgraded the stock to an "underweight" rating and lowered its price target to $135.00. Truist Financial set a "hold" rating with a target price of $168.00. Bank of America increased its target price to $211.00 with a "buy" rating. UBS Group lowered its target price to $170.00 with a "neutral" rating, and Morgan Stanley reduced its target price to $150.00 with an "equal weight" rating [1].

Expedia Group reported earnings of $0.40 per share for the quarter, missing analysts' consensus estimates of $0.42 by $0.02. The company had revenue of $2.99 billion, compared to analysts' expectations of $3.02 billion. The stock has a market capitalization of $23.51 billion, a P/E ratio of 21.81, and a beta of 1.57 [1].

Morgan Stanley's decision to raise its price target for Expedia Group is a reflection of the broader optimism surrounding the travel industry. The company's recent earnings and revenue growth, coupled with improved macroeconomic conditions, have contributed to this positive outlook.

References:
[1] https://www.marketbeat.com/instant-alerts/filing-australiansuper-pty-ltd-sells-511662-shares-of-expedia-group-inc-nasdaqexpe-2025-07-19/