01:45 PM EDT, 05/07/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
We raise our 12-month price target to $12 from $10, 10x (from 9x) our 2025 EPS estimate, a steep discount to TRIP's 15x three-year average forward multiple to reflect significant operational challenges and competitive headwinds at Brand TripAdvisor. We raise our multiple slightly to reflect improvements in ancillary segments and a recent buyout of a controlling shareholder, which should streamline strategic decision-making. We lift our 2025 EPS to $1.21 from $1.08 and lift our 2026 EPS to $1.24 from $1.16, driven by higher adjusted EBITDA margin expectations at Viator and TheFork. We believe downsizing efforts in January and February primarily drove efficiencies, though we acknowledge strong B2B adoption is driving higher margin growth at TheFork. Still, its cash cow segment, Brand TripAdvisor, continues to shrink due to competitive and operational challenges, offsetting our enthusiasm on progress at Viator and TheFork. With our view still intact on Brand TripAdvisor, we reiterate Sell.