Despegar.com, Corp. (DESP)

NYSE: DESP · Real-Time Price · USD
19.22
+0.04 (0.21%)
Jan 31, 2025, 4:00 PM EST - Market closed
0.21%
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]

Industry Travel Services
IPO Date Sep 20, 2017
Employees 4,593
Stock Exchange NYSE
Ticker Symbol DESP
Full Company Profile

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 Statements

Analyst 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.

Price Target
$17.2
(-10.51% downside)
Analyst Consensus: Hold
Stock Forecasts

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...

3 days ago - Business Wire

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...

5 weeks ago - TechCrunch

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.

5 weeks ago - WSJ

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.

5 weeks ago - Reuters

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...

5 weeks ago - Business Wire

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...

5 weeks ago - Business Wire

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...

2 months ago - Seeking Alpha

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...

2 months ago - PRNewsWire

Despegar.com, Corp. (DESP) Q3 2024 Earnings Call Transcript

Despegar.com, Corp. (DESP) Q3 2024 Earnings Call Transcript

2 months ago - Seeking Alpha

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 ...

2 months ago - Business Wire

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...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

Other symbols: NU
4 months ago - Business Wire

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 ...

4 months ago - Seeking Alpha

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...

6 months ago - Seeking Alpha

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 ...

6 months ago - Business Wire

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...

6 months ago - Business Wire

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...

6 months ago - Business Wire

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...

7 months ago - Seeking Alpha

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 ...

7 months ago - Business Wire

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 ...

8 months ago - Business Wire

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...

8 months ago - Business Wire

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...

8 months ago - Seeking Alpha

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...

9 months ago - Seeking Alpha

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 ...

9 months ago - Business Wire