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Despegar.com Corp has a consensus price target of $15.21 based on the ratings of 8 analysts. The high is $20 issued by Keybanc on January 20, 2022. The low is $10.5 issued by Cowen & Co. on June 23, 2022. The 3 most-recent analyst ratings were released by TD Cowen, Cantor Fitzgerald, and Citigroup on August 20, 2024, August 16, 2024, and July 22, 2024, respectively. With an average price target of $14.67 between TD Cowen, Cantor Fitzgerald, and Citigroup, there's an implied -20.72% downside 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 TD Cowen on August 20, 2024. The analyst firm set a price target for $12.00 expecting DESP to fall to within 12 months (a possible -35.14% downside). 11 analyst firms have reported ratings in the last year.
The latest analyst rating for Despegar.com (NYSE:DESP) was provided by TD Cowen, and Despegar.com maintained their buy 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 April 29, 2024 when Citigroup changed their price target from $11.5 to $14.5 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 August 20, 2024 so you should expect the next rating to be made available sometime around August 20, 2025.
While ratings are subjective and will change, the latest Despegar.com (DESP) rating was a maintained with a price target of $9.00 to $12.00. The current price Despegar.com (DESP) is trading at is $18.50, which is out of the analyst’s predicted range.
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