Despegar ( (DESP) ) has issued an update.
Despegar.com, Corp. announced the filing of its Annual Report on Form 20-F for the fiscal year ending December 31, 2024, with the U.S. Securities and Exchange Commission on April 30, 2025. This filing, which includes the company’s complete audited financial statements, is accessible on both Despegar’s and the SEC’s websites. This announcement underscores Despegar’s commitment to transparency and regulatory compliance, potentially strengthening its position in the market and providing stakeholders with crucial financial insights.
Spark’s Take on DESP Stock
According to Spark, TipRanks’ AI Analyst, DESP is a Neutral.
Despegar’s strong financial recovery and positive earnings call highlight growth potential, but the negative equity position and extreme P/E ratio present significant risks. The technical analysis supports current momentum, but caution is warranted due to valuation concerns.
To see Spark’s full report on DESP stock, click here.
More about Despegar
Despegar is a leading travel technology company in Latin America, known for revolutionizing the tourism industry in the region through technology over the past two decades. It operates in 20 countries and includes brands such as Decolar, Best Day, Viajes Falabella, Viajanet Stays, and Koin. Despegar focuses on improving people’s lives and transforming shopping experiences by offering alternative payment and financing methods, thereby democratizing access to travel for Latin Americans. Its shares are traded on the New York Stock Exchange under the symbol DESP.
YTD Price Performance: 1.73%
Average Trading Volume: 2,471,490
Technical Sentiment Signal: Sell
Current Market Cap: $1.62B
See more data about DESP stock on TipRanks’ Stock Analysis page.