Despegar.com, Corp. (DESP)
NYSE: DESP · IEX Real-Time Price · USD
12.79
+0.02 (0.16%)
Apr 26, 2024, 1:26 PM EDT - Market open
Despegar.com Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Despegar.com stock have an average target of 14.33, with a low estimate of 13 and a high estimate of 16. The average target predicts an increase of 12.04% from the current stock price of 12.79.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 22, 2024.
Analyst Ratings
The average analyst rating for Despegar.com stock from 3 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 2 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $14 | Buy | Reiterates | $14 | +9.46% | Mar 22, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Reiterates $15 → $16 | Strong Buy | Reiterates | $15 → $16 | +25.10% | Mar 15, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Maintains $11 → $14 | Buy | Maintains | $11 → $14 | +9.46% | Mar 15, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Initiates $11 | Buy | Initiates | $11 | -14.00% | Mar 7, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $12 → $15 | Strong Buy | Maintains | $12 → $15 | +17.28% | Dec 20, 2023 |
Financial Forecast
Revenue This Year
837.82M
from 706.04M
Increased by 18.66%
Revenue Next Year
934.72M
from 837.82M
Increased by 11.57%
EPS This Year
0.92
EPS Next Year
1.17
from 0.92
Increased by 27.78%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 864.3M | 978.8M | 1.1B | 1.1B | 1.2B |
| Avg | 837.8M | 934.7M | 1.0B | 1.1B | 1.2B |
| Low | 803.1M | 887.4M | 965.6M | 1.0B | 1.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 22.4% | 16.8% | 13.9% | 7.0% | 12.5% |
| Avg | 18.7% | 11.6% | 9.1% | 3.9% | 9.2% |
| Low | 13.7% | 5.9% | 3.3% | -0.2% | 5.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.04 | 1.33 | 1.46 | 0.08 | 0.09 |
| Avg | 0.92 | 1.17 | 1.24 | 0.08 | 0.09 |
| Low | 0.74 | 0.89 | 1.02 | 0.08 | 0.09 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 45.3% | 24.4% | -93.2% | 15.8% |
| Avg | - | 27.8% | 5.7% | -93.4% | 12.5% |
| Low | - | -2.9% | -13.1% | -93.7% | 8.1% |
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.