Despegar.com, Corp. (DESP)
Market Cap | 1.61B |
Revenue (ttm) | 756.30M |
Net Income (ttm) | -11.51M |
Shares Out | 83.59M |
EPS (ttm) | -0.14 |
PE Ratio | n/a |
Forward PE | 16.15 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 2,522,100 |
Open | 19.18 |
Previous Close | 19.18 |
Day's Range | 19.17 - 19.26 |
52-Week Range | 8.06 - 19.55 |
Beta | 1.97 |
Analysts | Hold |
Price Target | 17.20 (-10.51%) |
Earnings Date | Mar 13, 2025 |
About DESP
Despegar.com, Corp., an online travel company, provides a range of travel and travel-related products to leisure and corporate travelers through its websites and mobile applications in Latin America and the United States. It operates through three segments: Air; Packages, Hotels, and Other Travel Products; and Financial Services. The company sells airline tickets, travel packages, hotel rooms, car rentals, bus and cruise tickets, travel insurance products, destination services, and other travel-related products, which enable consumers to find, ... [Read more]
Financial Performance
In 2023, Despegar.com's revenue was $706.04 million, an increase of 31.24% compared to the previous year's $537.97 million. Losses were -$6.58 million, -93.30% less than in 2022.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for DESP stock is "Hold." The 12-month stock price forecast is $17.2, which is a decrease of -10.51% from the latest price.
News
Despegar and HBX Group Enter Into a Strategic Partnership
BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the “Company”), Latin America's leading travel technology company, announces a strategic partnership with HBX G...
Prosus buys Despegar for $1.7B, taking a bite out of Latin America's travel sector
Yet another major investment is going down in the travel sector, underscoring its ongoing rebound after the Covid-19 pandemic. Prosus, the tech conglomerate controlled by Naspers, is paying $1.7 billi...
Prosus to Buy Latin American Online Travel Agency Despegar for $1.7 Billion
The investment group, which is Tencent's largest shareholder, aims to serve 100 million customers across local e-commerce, travel and fintech sectors following the acquisition.
Prosus to buy Latin American online travel agency Despegar.com for $1.7 bln
Dutch technology investor Prosus NV said on Monday it would buy Latin America-focussed online travel agency Despegar.com Corp for about $1.7 billion in cash.
Prosus to Acquire Latin America's Leading Online Travel Agency, Despegar, for US$1.7bn
AMSTERDAM & JOHANNESBURG--(BUSINESS WIRE)--Prosus, a global technology company, today announces that it has entered into a definitive agreement to acquire Despegar (NYSE: DESP) a leading Latin America...
Despegar.com Enters Into Merger Agreement to Be Acquired by Prosus for $19.50 Per Share in Cash
BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the “Company”), Latin America's leading travel technology company, today announced that it has entered into a d...
Despegar.com's Growth Outlook Is Fairly Valued
Despegar.com, Corp. has shown strong growth with good tourism growth in Latin America, boosted further by market share gains, acquisitions, and B2B revenue growth. The Q3 results represented good fina...
L Catterton Latin America Makes Strategic Investment in WeVets
Company to Leverage L Catterton's Global Pet Industry Experience to Accelerate Veterinary Platform Expansion in Brazil GREENWICH, Conn. , Nov. 18, 2024 /PRNewswire/ -- L Catterton, a leading global c...
Despegar.com, Corp. (DESP) Q3 2024 Earnings Call Transcript
Despegar.com, Corp. (DESP) Q3 2024 Earnings Call Transcript
Despegar.com Announces 3Q24 Financial Results
BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the “Company”), Latin America's leading travel technology company, today announced unaudited financial results ...
Despegar.com to Announce Third Quarter 2024 Financial Results on November 14, 2024
BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the “Company”), Latin America's leading travel technology company, today announced that it will report its Thir...
Despegar Licenses its AI Technology to Karisma Hotels & Resorts
BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the “Company”), Latin America's leading travel technology company, announces its first Software as a Service (S...
Nubank and Despegar Announce Integration of Nupay on Despegar's Travel Platform
BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the “Company”), Latin America's leading travel technology company and Nubank (NYSE: NU), the largest digital ba...
Despegar.com: Excellent Value In An Expensive Market
Despegar.com is a strong buy due to its robust constant-currency bookings growth and market-leading position in Latin America, despite FX headwinds. The company benefits from exposure to fast-growing ...
Despegar.com, Corp. (DESP) Q2 2024 Earnings Call Transcript
Despegar.com, Corp. (NYSE:DESP) Q2 2024 Earnings Conference Call August 15, 2024 4:30 PM ET Company Participants Luca Pfeifer - Investor Relations Damian Scokin - Chief Executive Officer Sebastian Ma...
Despegar.com Announces 2Q24 Financial Results
BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the “Company”), Latin America's leading travel technology company, today announced unaudited financial results ...
Despegar Divests Destination Services Business Unit, Driving Further Focus On Its Core Growth Strategies
BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the “Company”), Latin America's leading travel technology company, today announced that it has formed a strateg...
Despegar.com to Announce Second Quarter 2024 Financial Results on August 15, 2024
BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the “Company”), Latin America's leading travel technology company, today announced that it will report its Seco...
Despegar: Cheap And Worth A Buy, But Be Mindful Of FX Risks
Despegar has achieved tremendous bookings growth this year, capitalizing on strong travel demand. It estimates the travel TAM in its local Latin America market to be $150 billion, indicating that it i...
Despegar Added to Russell Equity Indexes
BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the “Company”), Latin America's leading travel technology company, today announced that, as part of the annual ...
Despegar Publishes 2023 ESG Report
BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the “Company”), Latin America's leading travel technology company, today announced the publication of its 2023 ...
Despegar and Shakira, the World's Iconic Artist, Team up to Inspire Latin Americans to Live Traveling
BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the “Company”), Latin America's leading travel technology company, today announced an exciting partnership with...
Despegar.com: Brazil Continues To Lead Growth
Q1 2024 financials show impressive growth in gross bookings and revenue, particularly in the Brazilian market. Despegar.com has continued to reduce its long-term debt. I continue to take a bullish vie...
Despegar.com, Corp. (DESP) Q1 2024 Earnings Call Transcript
Despegar.com, Corp. (NYSE:DESP) Q1 2024 Earnings Call Transcript May 16, 2024 4:30 PM ET Company Participants Luca Pfeifer - IR Damian Scokin - CEO Gonzalo Estebarena - CTO Amit Singh - CFO Conferenc...
Despegar.com Announces 1Q24 Financial Results
BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the “Company”), Latin America's leading travel technology company, today announced unaudited financial results ...