Expedia Stock Hit a New High. Five Straight Quarters of Beats Explain Why.

Expedia Group (EXPE) stock reached a new high after reporting its fifth consecutive quarterly beat, driven by a significant 23% year-over-year jump in Adjusted EBITDA in Q2 and an improved full-year margin outlook. The company's strong performance, particularly in B2B and consumer bookings with efficient marketing spend, indicates robust operating leverage. While Wall Street analyst targets lag the stock's current price, TIKR's model values Expedia stock at $432 by December 2030, projecting a 35% total return.