Despegar.com, Corp. (DESP)
NYSE: DESP · Real-Time Price · USD
14.31
-0.25 (-1.72%)
Nov 4, 2024, 4:00 PM EST - Market closed
Despegar.com Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Despegar.com stock have an average target of 15.75, with a low estimate of 12 and a high estimate of 19. The average target predicts an increase of 10.06% from the current stock price of 14.31.
Analyst Consensus: Strong Buy
* Price targets were last updated on Aug 20, 2024.
Analyst Ratings
The average analyst rating for Despegar.com stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 2 | 2 | 2 |
| Buy | 2 | 2 | 2 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Strong Buy Maintains $9 → $12 | Strong Buy | Maintains | $9 → $12 | -16.14% | Aug 20, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $17 | Buy | Reiterates | $17 | +18.80% | Aug 16, 2024 |
| Citigroup | Citigroup | Hold Maintains $15 → $15 | Hold | Maintains | $15 → $15 | +4.82% | Jul 22, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $16 → $19 | Strong Buy | Maintains | $16 → $19 | +32.77% | May 17, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Maintains $14 → $17 | Buy | Maintains | $14 → $17 | +18.80% | May 17, 2024 |
Financial Forecast
Revenue This Year
780.37M
from 706.04M
Increased by 10.53%
Revenue Next Year
872.49M
from 780.37M
Increased by 11.80%
EPS This Year
0.73
from -0.09
EPS Next Year
1.06
from 0.73
Increased by 44.68%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 812.7M | 934.7M | 1.1B | ||
| Avg | 780.4M | 872.5M | 989.0M | ||
| Low | 745.1M | 794.0M | 920.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 15.1% | 19.8% | 20.6% | ||
| Avg | 10.5% | 11.8% | 13.3% | ||
| Low | 5.5% | 1.7% | 5.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.92 | 1.28 | 1.74 | ||
| Avg | 0.73 | 1.06 | 1.32 | ||
| Low | 0.52 | 0.86 | 1.03 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 74.9% | 64.4% | ||
| Avg | - | 44.7% | 24.8% | ||
| Low | - | 17.2% | -2.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.