Expedia Group Inc. (NASDAQ:EXPE) is one of the most undervalued quality stocks to buy according to hedge funds. On July 28, UBS analyst Matthew Boss raised the firm’s price target on Expedia to $182 from $166, while maintaining a Neutral rating on the shares. Boss noted that the consumer appetite for international travel remains strong.
Following this sentiment, the company also announced its Q2 2025 earnings. Expedia Group reported growth in its gross bookings, which increased by 5% this quarter to reach $30.4 billion. Revenue for the company also grew by 6% year-over-year to $3.8 billion.
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Expedia’s B2B bookings rose by 17%, which marked the 16th consecutive quarter of double-digit growth due to international performance. Advertising revenue also increased by 19%. The company’s largest consumer brand, called Brand Expedia, was also its fastest-growing, with multi-item attachment rates at their highest level since the pandemic.
Expedia Group Inc. (NASDAQ:EXPE) is an online travel company in the US and internationally. The company operates through B2C, B2B, and trivago segments.
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Disclosure: None. This article is originally published at Insider Monkey.