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Despegar.com Corp has a consensus price target of $16.64 based on the ratings of 8 analysts. The high is $21 issued by Morgan Stanley on November 29, 2024. The low is $10.5 issued by Cowen & Co. on June 23, 2022. The 3 most-recent analyst ratings were released by Morgan Stanley, TD Cowen, and TD Cowen on November 29, 2024, November 25, 2024, and August 20, 2024, respectively. With an average price target of $15.67 between Morgan Stanley, TD Cowen, and TD Cowen, there's an implied 6.79% upside for Despegar.com Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Despegar.com (NYSE:DESP) was reported by Morgan Stanley on November 29, 2024. The analyst firm set a price target for $21.00 expecting DESP to rise to within 12 months (a possible 43.15% upside). 12 analyst firms have reported ratings in the last year.
The latest analyst rating for Despegar.com (NYSE:DESP) was provided by Morgan Stanley, and Despegar.com maintained their overweight rating.
The last upgrade for Despegar.com Corp happened on January 25, 2022 when Citigroup raised their price target to N/A. Citigroup previously had a neutral for Despegar.com Corp.
The last downgrade for Despegar.com Corp happened on November 25, 2024 when TD Cowen changed their price target from $12 to $14 for Despegar.com Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Despegar.com, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Despegar.com was filed on November 29, 2024 so you should expect the next rating to be made available sometime around November 29, 2025.
While ratings are subjective and will change, the latest Despegar.com (DESP) rating was a maintained with a price target of $17.00 to $21.00. The current price Despegar.com (DESP) is trading at is $14.67, which is out of the analyst’s predicted range.
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