Tripadvisor, Inc. (TRIP) Stock Price & Analysis
Tripadvisor, Inc. (TRIP) closed at USD 9.67 on Thursday, October 22, 2026, up 2.44% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 9.44; the Oct 22, 2026 session ranged USD 9.35–9.72 on volume of 2,844,744 shares. Market capitalization is $1.13B, with a 52-week range of USD 8.02–17.53 (NMS). Source: Nexqual, retrieved October 23, 2026 at 09:22 UTC.
Also available as compact Markdown for AI agents: nexqual.com/TRIP.md
Key facts (TRIP)
- Last four reported quarters (through Jun 30, 2026): revenue $1.79B, net income $5.0M (0.3% margin), free cash flow $133M (SEC filings).
- Valuation: P/E 225.0x (avg 262.6x at the last 3 fiscal year-ends), EV/EBITDA 7.9x, net cash $18.8M.
- Earnings quality: non-operating income -$34.1M vs operating income $48.6M over the last four quarters; P/E excluding non-operating income ≈41.4x (estimate: non-operating income taxed at the company's 35% effective rate).
- 2 of 80 tracked superinvestors hold TRIP (13F, Q2 2026): 0 new, 1 added, 1 reduced, 0 unchanged.
- Insider open-market sales, last ~7 months: 3 Form 4 filings, $293K; 0 not under a Rule 10b5-1 plan ($0K); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Hold (mean 3.00 on a 1–5 scale) (16 analysts), mean target USD 13.21 (range 8–21).
- Total return with dividends: 1Y -39.9% vs S&P 500 +14.9%; 5Y -71.6% vs S&P 500 +80.3%.
- Next earnings: 2026-11-05, EPS estimate USD 0.45, revenue estimate $452M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (TRIP)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $902M | $1.49B | $1.79B | $1.83B | $1.89B | $1.79B |
| Gross profit | — | $1.41B | $1.67B | $1.71B | $1.75B | — |
| Operating income | -$131M | $101M | $126M | $92.0M | $80.0M | $48.6M |
| Net income | -$148M | $20.0M | $10.0M | $5.0M | $40.0M | $5.0M |
| EPS (diluted) | -$1.08 | $0.14 | $0.08 | $0.04 | $0.31 | — |
| Free cash flow | $54.0M | $344M | $172M | $70.0M | $163M | $133M |
| Gross margin | — | 94.8% | 93.3% | 93.0% | 92.3% | — |
| Operating margin | -14.5% | 6.8% | 7.0% | 5.0% | 4.2% | 2.7% |
| Net margin | -16.4% | 1.3% | 0.6% | 0.3% | 2.1% | 0.3% |
| Revenue growth | +49.3% | +65.4% | +19.8% | +2.6% | +3.1% | — |
| Cash + short-term investments | $723M | $1.02B | $1.07B | $1.06B | $978M | — |
| Total debt | $833M | $836M | $839M | $836M | $1.17B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (TRIP)
P/E 225.0x · P/E ex non-operating (est.) ≈41.4x · P/S 0.6x · EV/EBITDA 7.9x · EV/Sales 0.6x · P/FCF 8.5x · P/B 1.7x · FCF yield 11.80% · Earnings yield 0.44% · Net cash $18.8M · EV $1.11B
P/E at fiscal year-ends: Dec 2025 47.7x, Dec 2024 428.4x, Dec 2023 311.8x.
Superinvestors (SEC 13F-HR, Q2 2026) (TRIP)
2 of 80 tracked investors hold TRIP. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Mason Hawkins | Southeastern Asset Management | 1.62% | $31.0M | Reduced -50.9% |
| David Einhorn | Greenlight Capital | 0.83% | $32.4M | Added +51.0% |
Insider sales (SEC Form 4, open-market, last ~7 months) (TRIP)
3 of 3 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-09-02 | Ambeskovic Almir | CEO, TheFork | 8,000 | $76K | 20.8% | Yes (adopted December 2, 2025) | Too little history (no open-market trades in 2023 or 2024) |
| 2026-07-16 | Dalton Kristen Ann | Chief Strategy & Ops Officer | 7,908 | $119K | 6.3% | Yes (adopted March 6, 2026) | Too little history (no open-market trades in 2023 or 2024) |
| 2026-06-02 | Ambeskovic Almir | CEO, TheFork | 8,000 | $98K | 18.9% | Yes (adopted December 2, 2025) | Too little history (no open-market trades in 2023 or 2024) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (TRIP)
Consensus Hold (mean 3.00 on a 1–5 scale), 16 analysts; mean target USD 13.21 (low 8, high 21).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-19 | Cantor Fitzgerald | Target lowered | Underweight | $9 → $8 |
| 2026-08-11 | UBS | Target lowered | Neutral | $15 → $12 |
| 2026-08-10 | B. Riley Securities | Target lowered | Neutral | $13 → $12.5 |
| 2026-08-07 | JP Morgan | Target lowered | Underweight | $11 → $10 |
| 2026-08-07 | Cantor Fitzgerald | Target lowered | Underweight | $10 → $9 |
| 2026-07-30 | UBS | Target raised | Neutral | $13.7 → $15 |
| 2026-07-21 | BTIG | Downgrade | Buy → Neutral |
Total return (dividends reinvested) (TRIP)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | -39.9% | -71.6% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -40.0% | -22.2% |
| Volatility (annualized) | 57.3% | 51.9% |
| Max drawdown | -51.9% (Oct 2025→Sep 2026) | -76.0% (Nov 2021→Sep 2026) |
TRIP revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Experiences | $278.6M | 63.0% | +3.0% |
| Hotels & Other | $163.3M | 37.0% | -20.5% |
| Total revenue | $441.9M | 100% | — |
TRIP revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Hotels & Other | $163.3M | 37.0% | -20.5% |
| — Branded Hotels (part of Hotels & Other) | $117.9M | 26.7% | -22.6% |
| — Media & Platform (part of Hotels & Other) | $31.2M | 7.1% | -12.1% |
| — Other (part of Hotels & Other) | $14.2M | 3.2% | -19.8% |
| Total revenue | $441.9M | 100% | — |
TRIP revenue by region (fiscal year ended Dec 31, 2025)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| United States | $1.29B | 68.1% | +4.7% |
| All Other Countries | $302.0M | 16.0% | +11.4% |
| United Kingdom | $301.0M | 15.9% | -9.9% |
| Total revenue | $1.89B | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
TRIP suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | Amazon (AMZN) | “It is possible that our customers and potential customers would hold us accountable for any breach of security affecting the AWS infrastructure and we may incur significant liability from those customers and from third parties with respect to any breach affecting AWS systems.” |
| Partner | Expedia (EXPE) | “For the years ended December 31, 2025 and 2024, Booking (and its subsidiaries) accounted for 10% or more of our consolidated revenue, and together with Expedia (and its subsidiaries), our two most significant travel partners, accounted for approximately 21% and 22%, respectively, of our consolidated revenue.” |
| Partner | Alphabet (Google) (GOOGL) | “We believe we have been particularly successful with the strategic use of a number of cost effective online and offline marketing channels to reach travelers and diners, including our own platform channels (i.e., websites and apps), online search engines (primarily Google), social media, email, and increasingly through LLM platforms, media via public relations, partnerships, and content distribution.” |
| Related party | Liberty TripAdvisor Holdings | “We considered LTRIP a related party through April 29, 2025, the Merger Date, for all periods presented.” |
Quoted from the company's 10-K filed Feb 13, 2026.
TRIP customer concentration
In the period ended Dec 31, 2025, 3 direct customers each accounted for at least 10% (21%, 10%, 10%) of revenue, per the company's 10-K filed Feb 13, 2026. The company does not name them.
TRIP company outlook (results filed Aug 6, 2026)
- “The sale of TheFork is expected to be completed by the end of 2026.”
- “Tripadvisor is providing the information in this press release as of this date and assumes no obligations to update the information included in this press release or revise any forward-looking statements, whether as a result of new information, future events or otherwise.”
Quoted word-for-word from the SEC 8-K results press release.
TRIP analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.45 | $0.78 | -41.7% | $452.2M | 12 |
| Next quarter (ends Dec 2026) | $0.14 | $0.28 | -48.1% | $340.2M | 12 |
| Current fiscal year (ends Dec 2026) | $0.84 | $1.31 | -36.4% | $1.57B | 12 |
| Next fiscal year (ends Dec 2027) | $1.07 | $1.59 | -32.7% | $1.63B | 12 |
TRIP options: expected move
Options price a move of about ±13.5% (±$1.30) by Nov 6, 2026, which includes earnings on Nov 5, 2026; the earnings reaction alone is priced at about ±10.4%. Over the last 8 reports the stock moved ±12.2% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Oct 30, 2026 | 7 | 53.0% | ±6.5% |
| Nov 6, 2026 | 14 | 83.2% | ±13.5% |
| Nov 13, 2026 | 21 | 67.6% | ±13.8% |
| Nov 20, 2026 | 28 | 67.9% | ±15.3% |
| Nov 27, 2026 | 35 | 63.4% | ±16.4% |
| Dec 4, 2026 | 42 | 110.8% | ±30.1% |
| Dec 18, 2026 | 56 | 61.9% | ±20.0% |
| Jan 15, 2027 | 84 | 53.5% | ±21.0% |
30-day implied volatility 63.9% vs 40.5% realized over the last 30 trading days. Put/call ratio (volume) 10.57. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 09:22 UTC)
| Price | USD 9.67 |
|---|---|
| Change | ▲ 2.44% (up) |
| Previous Close | USD 9.44 |
| Open | USD 9.52 |
| Day Range | USD 9.35 – 9.72 |
| 52-Week Range | USD 8.02 – 17.53 |
| Volume | 2,844,744 shares |
| Market Cap | $1.13B |
| Exchange | NMS |
Technical Analysis (TRIP)
Nexqual's technical model rates TRIP "BUY" based on 5 bullish and 1 bearish signals across 127 daily candles, as of October 23, 2026 at 09:22 UTC.
| Overall Signal | BUY |
|---|---|
| RSI (14) | 63.23 (neutral) |
| vs SMA50 | Above (USD 9.23) |
| MACD | 0.07 (positive) |
Analyst Ratings (TRIP)
Wall Street analysts rate TRIP "Hold" based on 16 analysts, with a mean price target of USD 13.21 (range USD 8–21), per Nexqual as of October 23, 2026 at 09:22 UTC.
| Consensus Rating | Hold |
|---|---|
| Analyst Count | 16 |
| Mean Target | USD 13.21 |
| High Target | USD 21 |
| Low Target | USD 8 |
| Buy / Hold / Sell | 5 / 7 / 4 |
Earnings (TRIP)
| Next Earnings Date | 2026-11-05 |
|---|---|
| EPS Estimate | USD 0.45 |
| Revenue Estimate | $452.23M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.35 vs est 0.38 ▼ miss |
| 2026-03-31 | USD -0.11 vs est -0.07 ▼ miss |
| 2025-12-31 | USD 0.04 vs est 0.13 ▼ miss |
| 2025-09-30 | USD 0.65 vs est 0.55 ▲ beat |
Source: Nexqual, October 23, 2026 at 09:22 UTC.
Financials & Fundamentals (TRIP)
| Total Revenue | $1.83B |
|---|---|
| Revenue Growth (latest quarter, YoY) | -7.20% |
| Gross Margin | +63.97% |
| Operating Margin | +9.44% |
| Profit Margin | +0.27% |
| ROE | -0.23% |
| Debt / Equity | 1.35 |
| Current Ratio | 1.56 |
| Total Cash | $843.20M |
| Total Debt | $893.90M |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $132.80M (7.4% of revenue) |
Source: Nexqual, October 23, 2026 at 09:22 UTC.
Financial Health Score (TRIP)
Nexqual rates Tripadvisor, Inc.'s overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 09:22 UTC.
| Growth | Mixed — Revenue +3.1% YoY (annual), slow |
|---|---|
| Profitability | Strong — Gross margin 64%, operating 9% (last 12 months) |
| Balance Sheet | Mixed — $843M cash and investments vs $824M debt (Jun 2026, SEC), net cash |
| Cash Flow | Solid — FCF $133M (last 4 quarters to Jun 2026, SEC), 7% margin |
| Efficiency | Critical — ROE -0%, ROA 1.9% |
Ownership (TRIP)
| Insider Ownership | +1.37% |
|---|---|
| Institutional Ownership | +124.81% |
| Shares Outstanding | 116.36M |
| Float | 115.60M |
| Short % of Float | +38.55% |
Source: Nexqual, October 23, 2026 at 09:22 UTC.
Leadership (TRIP)
Tripadvisor, Inc. is led by Matthew Goldberg, President, CEO & Director, per Nexqual as of October 23, 2026 at 09:22 UTC.
| President, CEO & Director | Matthew Goldberg |
|---|---|
| Chief Financial Officer | Michael Noonan |
| Chief Strategy & Operations Officer | Kristen Dalton |
| Chief Executive Officer & President of TheFork | Almir Ambeskovic |
| Vice President of Investor Relations | Angela White |
Major Backers & Investors (TRIP)
Notable institutional backers of Tripadvisor, Inc. include Ameriprise Financial, Inc., Starboard Value LP, Par Capital Management Inc, according to Nexqual as of October 23, 2026 at 09:22 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Ameriprise Financial, Inc. | 9% |
| Starboard Value LP | 4.35% |
| Par Capital Management Inc | 3.47% |
| College Retirement Equities Fd.-College Retirement Equities Fd. - Tota | 3.42% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 14.88% |
| Vanguard Group | 10.28% |
| Nuveen | 6.06% |
| Dimensional Fund Advisors | 4.25% |
| State Street | 4.24% |
| Columbia Threadneedle | 3.06% |
Source: Nexqual, October 23, 2026 at 09:22 UTC.
From Tripadvisor, Inc.'s Latest SEC 10-K Filing (filed 2026-02-13)
Key Strengths & Strategy (as disclosed to the SEC)
- Our systems infrastructure for our branded websites is in a "hybrid-cloud" configuration in which parts of it are housed at a co-location facility and managed by our operations team, while the rest is hosted by Amazon Web Services.
- We make use of Amazon Web Services availability zones to provide redundancy for the cloud portions of our infrastructure.
- The Company believes that the breadth, scale, and diversity of its proprietary data assets uniquely position it to innovate in the application of artificial intelligence ("AI") to travel discovery, planning, and booking.
- We rely on our intellectual property rights covering a number of assets, including our content, proprietary technology, software code, ratings indexes, and databases of reviews, forum content and other types of user-generated content.
Legal & Regulatory Risks (Item 1A, quoted)
- Our experiences marketplace business require payment institution licenses in the UK and EU, and failure to maintain compliance with PSD2 and payment regulations could force us to suspend operations in these critical markets.
- We are subject to risks associated with processing payment transactions and failure to manage those risks may subject us to fines, penalties and/or additional costs and could have a negative impact on our business.
- We are regularly a party to or subject to claims, lawsuits, government investigations, and other proceedings which may result in adverse outcomes and, regardless of the outcome, result in legal costs, diversion of management resources, injunctions or damage awards, and other negative results.
- Increased focus on environmental, social, and governance ("ESG") matters and our inability to meet expectations with respect to ESG may have an adverse impact on our reputation, employee retention and business.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| PRSU | Pursuit Attractions and Hospita | USD 56.29 | ▲ 0.48% |
| LIND | Lindblad Expeditions Holdings I | USD 35.25 | ▼ 2.6% |
| TNL | Travel Leisure Co. | USD 67.32 | ▲ 0.21% |
| MMYT | MakeMyTrip Limited | USD 45.34 | ▲ 2.35% |
| NCLH | Norwegian Cruise Line Holdings | USD 15.54 | ▼ 0.32% |
| TCOM | Trip.com Group Limited | USD 39.57 | ▲ 0.66% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:22 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt