Wells Fargo & Company Raises Expedia Group (NASDAQ:EXPE) Price Target to $307.00
Wells Fargo & Company has raised its price target for Expedia Group (NASDAQ:EXPE) to $307.00 from $303.00, while maintaining an "equal weight" rating. This adjustment comes after Expedia exceeded quarterly expectations with adjusted earnings of $5.76 per share and a 14% year-over-year revenue increase to $4.32 billion, leading management to raise its 2026 revenue outlook. Despite a "Hold" consensus among analysts, positives cited include stronger domestic travel, cost discipline, AI investments, and B2B growth, though some analysts suggest limited near-term upside due to softness in parts of Europe.
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