Despegar.com, Corp. (DESP)
NYSE: DESP · IEX Real-Time Price · USD
12.50
-0.32 (-2.50%)
At close: Jul 19, 2024, 4:00 PM
12.43
-0.07 (-0.56%)
After-hours: Jul 20, 2024, 12:58 PM EDT
Despegar.com Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Despegar.com stock have an average target of 15.88, with a low estimate of 13 and a high estimate of 19. The average target predicts an increase of 27.04% from the current stock price of 12.50.
Analyst Consensus: Buy
* Price targets were last updated on May 17, 2024.
Analyst Ratings
The average analyst rating for Despegar.com stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 2 | 2 | 2 | 2 | 2 |
| Hold | 0 | 0 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 3 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $16 → $19 | Strong Buy | Maintains | $16 → $19 | +52.00% | May 17, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Maintains $14 → $17 | Buy | Maintains | $14 → $17 | +36.00% | May 17, 2024 |
| Citigroup | Citigroup | Strong Buy → Hold Downgrades $12 → $15 | Strong Buy → Hold | Downgrades | $12 → $15 | +16.00% | Apr 29, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $14 | Buy | Reiterates | $14 | +12.00% | Mar 22, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Reiterates $15 → $16 | Strong Buy | Reiterates | $15 → $16 | +28.00% | Mar 15, 2024 |
Financial Forecast
Revenue This Year
836.30M
from 706.04M
Increased by 18.45%
Revenue Next Year
953.09M
from 836.30M
Increased by 13.97%
EPS This Year
0.98
from -0.09
EPS Next Year
1.32
from 0.98
Increased by 34.38%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 861.4M | 988.5M | 1.1B | 1.3B | 1.5B |
| Avg | 836.3M | 953.1M | 1.1B | 1.3B | 1.4B |
| Low | 803.0M | 908.9M | 962.8M | 1.2B | 1.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 22.0% | 18.2% | 19.1% | 20.9% | 16.3% |
| Avg | 18.4% | 14.0% | 12.2% | 17.4% | 13.0% |
| Low | 13.7% | 8.7% | 1.0% | 12.8% | 8.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.01 | 1.35 | 1.27 | 2.28 | 2.73 |
| Avg | 0.98 | 1.32 | 1.15 | 2.21 | 2.65 |
| Low | 0.94 | 1.26 | 1.03 | 2.13 | 2.55 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 38.3% | -3.7% | 97.9% | 23.3% |
| Avg | - | 34.4% | -12.5% | 92.3% | 19.8% |
| Low | - | 29.1% | -21.8% | 84.7% | 15.1% |
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.