Despegar.com, Corp. (DESP)

May 15, 2025 - DESP was delisted (reason: acquired by Prosus and Despegar)
19.50
+0.03 (0.15%)
Inactive · Last trade price on May 14, 2025
Market Cap1.63B
Revenue (ttm)774.06M +9.6%
Net Income-2.81M +13.9%
EPS-0.03
Shares Out 83.57M
PE Ration/a
Forward PE19.60
Dividendn/a
Ex-Dividend Daten/a
Volume2,730,003
Open19.48
Previous Close19.47
Day's Range19.47 - 19.50
52-Week Range9.25 - 19.55
Beta1.62
AnalystsHold
Price Target17.20 (-11.79%)
Earnings DateMay 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]

IPO Date Sep 20, 2017
Employees 3,956
Stock Exchange NYSE
Ticker Symbol DESP
Full Company Profile

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 Statements

Analyst 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.

Price Target
$17.2
(-11.79% downside)
Analyst Consensus: Hold

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...

11 months ago - Business Wire

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 ...

1 year ago - Business Wire

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...

1 year 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...

1 year 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.

1 year 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.

1 year 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...

1 year 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...

1 year ago - Business Wire

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...

1 year ago - PRNewsWire

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 ...

1 year 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...

1 year 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...

1 year 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
1 year ago - Business Wire

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 ...

1 year 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...

1 year 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...

1 year ago - Business Wire

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 ...

1 year 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 ...

1 year 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...

1 year ago - Business Wire

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 ...

2 years ago - Business Wire

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...

2 years ago - Business Wire

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...

2 years ago - Business Wire

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 ...

2 years ago - Business Wire

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 ...

2 years ago - Business Wire

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...

2 years ago - Business Wire