HSI1 27,387.11 -580.98 301.61B
HSCEI1 9,317.09 -235.49 108.78B
Back    Zoom +    Zoom - Block Traded
Citi Expects TRIP.COM-S 4Q25 Results to Be In Line, Drops US Stock TP to US$82 on Survey Impact
2026-01-30 10:18:58
Citi Research expected TRIP.COM-S (09961.HK)'s 4Q25 revenue and adjusted operating profit to be largely in line with market expectations. During the traditional peak season in 4Q25, TRIP.COM-S may continue to expand its market share, while its domestic hotel business could benefit from a rebound in average daily rate (ADR) and solid growth in room nights.

The broker lowered its 2026/ 2027 adjusted earnings forecasts by 9%/ 5% each to reflect the potential impact on its domestic hotel business, and dropped its target price for Trip.com Group (TCOM.US)'s US stock from US$86 to US$82. Citi Research forecasted the stock price to fluctuate within a range during the antitrust investigation.

Once the investigation concludes, investors will have clearer visibility on its fundamental outlook. Based on TRIP.COM-S' industry leading position, the broker kept rating at Buy.
~

AASTOCKS Financial News
Website: www.aastocks.com