Despegar.com, Corp. (DESP)
| Market Cap | 1.63B |
| Revenue (ttm) | 774.06M +9.6% |
| Net Income | -2.81M +13.9% |
| EPS | -0.03 |
| Shares Out | 83.57M |
| PE Ratio | n/a |
| Forward PE | 19.60 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,730,003 |
| Open | 19.48 |
| Previous Close | 19.47 |
| Day's Range | 19.47 - 19.50 |
| 52-Week Range | 9.25 - 19.55 |
| Beta | 1.62 |
| Analysts | Hold |
| Price Target | 17.20 (-11.79%) |
| Earnings Date | May 27, 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 2024, Despegar.com's revenue was $774.06 million, an increase of 9.63% compared to the previous year's $706.04 million. Losses were -$2.81 million, -57.40% less than in 2023.
Financial StatementsAnalyst Summary
According to 5 analysts, the average rating for DESP stock is "Hold." The 12-month stock price target is $17.2, which is a decrease of -11.79% from the latest price.
News
Prosus and Despegar Complete Acquisition
NEW YORK--(BUSINESS WIRE)--Prosus, a global technology company, and Despegar, Latin America's leading online travel agency, today jointly announce the completion of Prosus's acquisition of Despegar (N...
Despegar.com Announces 4Q24 and FY24 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 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...
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 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 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 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 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 ...
Despegar.com to Announce First Quarter 2024 Financial Results on May 16, 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 Firs...
Despegar Announces the Filing of its Annual Report on Form 20-F for Fiscal Year 2023
BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), (“Despegar” or the “Company”), Latin America's leading travel technology company, today announced that its Annual Report on F...
Despegar Celebrates 25 Years Transforming Latin America's Travel Industry Through Innovation
BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the “Company”), Latin America's leading travel technology company, today announced the celebration of its 25th ...
Despegar.com Announces 4Q23 and FY23 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 Fourth Quarter 2023 Financial Results on March 14, 2024
BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), the leading travel technology company in Latin America, today announced that it will report its Fourth Quarter 2023 results o...