Comments
Loading...

Despegar.com

DESPNYSE
Logo brought to you by Benzinga Data
$18.50
0.794.46%
Pre-Market: 8:49 AM EDT
Q3 2024 Earnings were released on Thu Nov 14th, after the market close
The most recent conference call was at 16:30 PM, 7 days ago Click to view past webcast
Consensus Rating1
Overweight
Highest Price Target1
$20.00
Lowest Price Target1
$10.50
Consensus Price Target1
$15.21

Despegar.com (NYSE:DESP) Stock, Analyst Ratings, Price Targets, Forecasts

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.

Analyst Trends and Forecast
1
Jul
2
Aug
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.2
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

TD Cowen
Cantor Fitzgerald
Citigroup
B. Riley Securities
Morgan Stanley

1calculated from analyst ratings

Analyst Ratings for Despegar.com

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Despegar.com (DESP) stock?

A

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.

Q

What is the most recent analyst rating for Despegar.com (DESP)?

A

The latest analyst rating for Despegar.com (NYSE:DESP) was provided by TD Cowen, and Despegar.com maintained their buy rating.

Q

When was the last upgrade for Despegar.com (DESP)?

A

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.

Q

When was the last downgrade for Despegar.com (DESP)?

A

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.

Q

When is the next analyst rating going to be posted or updated for Despegar.com (DESP)?

A

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.

Q

Is the Analyst Rating Despegar.com (DESP) correct?

A

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.

Browse analyst ratings and price targets on all stocks.

People Also Watch