Expedia Lifts 2026 Outlook on Strong Domestic Travel, Q2 Beats
EXPE sits 78% above its 52-week low of $180.43.
Summary
Expedia raised its full-year gross bookings and revenue forecasts, citing resilient U.S. domestic travel demand boosted by the World Cup and events. Q2 results beat across the board: adjusted EPS of $5.76 vs. $5.23 expected, revenue up 14% to $4.32B vs. $4.17B estimate. The raised guidance—gross bookings now $129.5B-$130.8B, revenue $16.05B-$16.22B—signals management confidence in sustained leisure spending. Middle East conflict remains a headwind but is a small portion of business, concentrated in B2B. This follows the CarTrawler acquisition and Allegiant distribution deal, reinforcing Expedia's growth strategy. The stock is near its 52-week high, and this beat-and-raise quarter could push it through resistance.
At the time of this announcement, EXPE was trading at $320.82 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $38.5B. The 52-week trading range was $180.43 to $326.99. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.