Trip.com Group Limited (TCOM) is about to show its cards. The Singapore-based online travel company reports third-quarter earnings after the closing bell on Monday, Nov. 17, and Wall Street is watching closely.
The consensus among analysts calls for quarterly earnings of $7.98 per share, which would represent a decline from the $8.75 per share reported in the same period last year. On the revenue side, expectations are considerably brighter. Analysts are forecasting $18.21 billion in quarterly revenue, a substantial jump from the $15.87 billion posted a year ago.
The company delivered some positive momentum heading into this report. Back on Aug. 27, Trip.com reported second-quarter results that beat expectations on both earnings per share and revenue.
Shares closed at $72.03 on Friday, down 3.3% for the session as investors positioned ahead of the earnings release.
What the Most Accurate Analysts Are Saying
Several highly-rated analysts have recently updated their outlooks on Trip.com, with most raising price targets following the company's strong second-quarter performance. Here's what the top analysts are projecting:
Barclays analyst Jiong Shao maintained an Overweight rating and raised the price target from $84 to $85 on Aug. 29, 2025. This analyst has an accuracy rate of 71%.
Mizuho analyst James Lee maintained an Outperform rating and increased the price target from $78 to $81 on Aug. 28, 2025. This analyst has an accuracy rate of 79%.
B of A Securities analyst Eddie Leung maintained a Buy rating and raised the price target from $68 to $70 on May 21, 2025. This analyst has an accuracy rate of 67%.
TD Securities analyst Kevin Kopelman maintained a Buy rating and boosted the price target from $67 to $73 on May 20, 2025. This analyst has an accuracy rate of 66%.
Benchmark analyst Fawne Jiang reiterated a Buy rating and a price target of $80 on May 20, 2025. This analyst has an accuracy rate of 72%.
The consistent Buy ratings and upward price target revisions suggest analysts remain optimistic about Trip.com's prospects, even as earnings per share are expected to decline year-over-year. The revenue growth story appears to be the main attraction here, with the company showing strong momentum in its core travel booking business.