Trip.com Group Ltd. (9961 – Research Report), the Consumer Cyclical sector company, was revisited by a Wall Street analyst yesterday. Analyst Lei Yang CFA from CGS-CIMB reiterated a Buy rating on the stock and has a HK$588.00 price target.
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Lei Yang CFA has given his Buy rating due to a combination of factors that highlight Trip.com Group Ltd.’s strong performance and growth potential. The company’s first-quarter revenue for 2025 showed a significant year-on-year increase, aligning with expectations and demonstrating resilience in demand. Despite a slight decrease in non-GAAP operating profit margin, the results were better than anticipated due to effective operational expense management.
Furthermore, Lei Yang CFA anticipates continued revenue growth driven by robust domestic and outbound travel demand. The management’s projections for the second quarter and the full year suggest a positive outlook, with expected increases in revenue across various segments, including hotels and transportation. The company’s strategic investments in Trip.com and the anticipated recovery in outbound travel further support the Buy rating, although potential risks such as fluctuating travel demand and marketing expenses are acknowledged.
In another report released today, DBS also maintained a Buy rating on the stock with a HK$646.00 price target.