Despegar.com, Corp. (DESP)

NYSE: DESP · IEX Real-Time Price · USD
8.86
-0.05 (-0.56%)
Mar 1, 2024, 4:00 PM EST - Market closed
-0.56%
Market Cap 585.26M
Revenue (ttm) 647.92M
Net Income (ttm) 11.84M
Shares Out 61.05M
EPS (ttm) -0.88
PE Ratio n/a
Forward PE 44.44
Dividend n/a
Ex-Dividend Date n/a
Volume 185,071
Open 8.94
Previous Close 8.91
Day's Range 8.82 - 9.02
52-Week Range 4.91 - 10.27
Beta 2.05
Analysts Strong Buy
Price Target 14.00 (+58.01%)
Earnings Date Mar 14, 2024

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. The company operates in two segments, Travel Business and Financial Services Business. It sells airline tickets, travel packages, hotel rooms, car rentals, bus and cruise tickets, travel insurance, destination services, and other travel-related products, which enable consumers to find, compare, plan, and purchase travel produc... [Read more]

Industry Travel Services
IPO Date Sep 20, 2017
Employees 4,543
Stock Exchange NYSE
Ticker Symbol DESP
Full Company Profile

Financial Performance

In 2022, Despegar.com's revenue was $537.97 million, an increase of 66.64% compared to the previous year's $322.84 million. Losses were -$68.52 million, -35.28% less than in 2021.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for DESP stock is "Strong Buy." The 12-month stock price forecast is $14.0, which is an increase of 58.01% from the latest price.

Price Target
$14.0
(58.01% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Despegar.com Raises 2023 Financial Guidance

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 is raising its full-...

2 months ago - Business Wire

Despegar.com Announces 3Q23 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 ...

4 months ago - Business Wire

Despegar.com to Announce Third Quarter 2023 Financial Results on November 9, 2023

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 Third Quarter 2023 results on...

4 months ago - Business Wire

Despegar.com Announces 2Q23 Financial Results

BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the “Company”), Latin America's leading online travel company, today announced unaudited financial results for ...

7 months ago - Business Wire

Despegar.com Appoints Chief Financial Officer

BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the “Company”), Latin America's leading online travel company, today announced that Mr. Amit Singh has been app...

7 months ago - Business Wire

Correcting Dial-in Access Procedure for Despegar.com Second Quarter 2023 Financial Results Conference Call

BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), the leading online travel company in Latin America, today announced that accessing Despegar.com's second quarter 2023 financi...

7 months ago - Business Wire

Despegar.com Announces Second Quarter 2023 Financial Results Call and Webcast

BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), the leading online travel company in Latin America, today announced that it will report its Second Quarter 2023 results on Th...

7 months ago - Business Wire

Despegar.com Announces 1Q23 Financial Results

BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), (“Despegar” or the “Company”), Latin America's leading online travel company, today announced unaudited financial results for...

10 months ago - Business Wire

Despegar Announces the Filing of its Annual Report on Form 20-F for Fiscal Year 2022

BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar”), the leading online travel company in Latin America, today announced that its Annual Report on Form 20-F for the ...

10 months ago - Business Wire

Despegar.com Announces First Quarter 2023 Financial Results Call and Webcast

BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), the leading online travel company in Latin America, today announced that it will report its First Quarter 2023 results on Thu...

11 months ago - Business Wire

Despegar.com Announces 4Q22 Financial Results

BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), (“Despegar” or the “Company”), Latin America's leading online travel company, today announced unaudited financial results for...

1 year ago - Business Wire

Despegar.com Announces Organizational Changes

BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the “Company”), Latin America's leading online travel company, today announced that Alberto Lopez Gaffney, the ...

1 year ago - Business Wire

Despegar.com Announces Fourth Quarter 2022 Financial Results Call and Webcast

BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), the leading online travel company in Latin America, today announced that it will report its Fourth Quarter 2022 results on Th...

1 year ago - Business Wire

Despegar Announces Participation in Morgan Stanley Conference and Brazil Non-deal Roadshow Organized by Citi

BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), (“Despegar” or the “Company”), Latin America's leading online travel company, today announced its upcoming participation in...

1 year ago - Business Wire

Despegar.com Announces 3Q22 Financial Results

BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), (“Despegar” or the “Company”), Latin America's leading online travel company, today announced unaudited financial results f...

1 year ago - Business Wire

Despegar.com Announces Third Quarter 2022 Financial Results Call and Webcast

BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), the leading online travel company in Latin America, today announced that it will report its Third Quarter 2022 results on Thu...

1 year ago - Business Wire

Despegar Announces Participation in Morgan Stanley Conference

BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), (“Despegar” or the “Company”), Latin America's leading online travel company, today announced its upcoming participation in M...

1 year ago - Business Wire

Despegar.com Announces 2Q22 Financial Results

BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), (“Despegar” or the “Company”), Latin America's leading online travel company, today announced unaudited financial results for...

1 year ago - Business Wire

Despegar.com Announces Second Quarter 2022 Financial Results Call and Webcast

BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), the leading online travel company in Latin America, today announced that it will report its Second Quarter 2022 results on Th...

1 year ago - Business Wire

Despegar Announces Appointment of New Board Member

BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)-- #inspiringtogether--Despegar.com, Corp. (NYSE: DESP) (“Despegar”), the leading online travel company in Latin America, today announced that Dirk Donath, a mem...

1 year ago - Business Wire

Despegar Board of Directors Approves New Share Repurchase Program

BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar”), the leading online travel company in Latin America, today announced that on June 13, 2022, the Company's Board o...

1 year ago - Business Wire

Despegar Completes Acquisition of 100% of Brazilian Online Travel Agency Viajanet

BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP) (“Despegar”), the leading online travel company in Latin America, today announced that it has completed the previously announc...

1 year ago - Business Wire

Despegar.com Announces 1Q22 Financial Results

BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), (“Despegar” or the “Company”), the leading online travel company in Latin America, today announced unaudited financial result...

1 year ago - Business Wire

Despegar.com Announces First Quarter 2022 Financial Results Call and Webcast

BRITISH VIRGIN ISLANDS--(BUSINESS WIRE)--Despegar.com, Corp. (NYSE: DESP), the leading online travel company in Latin America, today announced that it will report its First Quarter 2022 results on Thu...

1 year ago - Business Wire

Despegar Signs $15M Deal for Viajanet in Travel Agency Expansion

Latin American digital travel agency giant Despegar.com signed a $15 million acquisition deal for the Brazilian travel agency TVLX Viagens e Turismo S.A (Viajanet) as part of its regional consolidatio...

1 year ago - PYMNTS