Expedia price target raised to $295 from $253 at Goldman Sachs

Goldman Sachs raised the firm’s price target on Expedia (EXPE) to $295 from $253 and keeps a Buy rating on the shares. Expedia’s Q3 results beat expectations across Gross Bookings, Revenue, and Room Nights, driven by strong global travel demand and longer booking windows, the analyst tells investors in a research note Looking ahead, near-term focus remains on U.S. consumer health and the potential impact of AI on travel aggregation, while longer-term execution on strategic initiatives, margin expansion, and capital returns underpins a constructive outlook, Goldman says.