Expedia Faces Challenges: Analysts Concerned About Vrbo's Slow Start and B2C Growth
Portfolio Pulse from Anusuya Lahiri
Expedia Group faces challenges with Vrbo's slow start and B2C growth, leading to lowered fiscal 2024 guidance. Analysts have adjusted their price targets and ratings accordingly, with concerns over competition and market share. Despite a solid quarter, the slower-than-expected growth and tech migration issues have impacted investor sentiment. Expedia's stock has seen a significant drop, but exposure to the company can also be gained through ETFs like BEDZ and STNC.
May 03, 2024 | 6:28 pm
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NEGATIVE IMPACT
Expedia Group's lowered fiscal 2024 guidance due to Vrbo's slow start and B2C growth issues has led to a negative sentiment among analysts, resulting in lowered price targets and stock downgrades.
The direct mention of Expedia's challenges and the subsequent analyst actions indicate a strong likelihood of negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100
NEUTRAL IMPACT
Investors can gain exposure to Expedia Group through AdvisorShares Hotel ETF, which may be impacted by Expedia's stock performance.
BEDZ is mentioned as a way to gain exposure to Expedia, but the ETF's performance is diversified and not solely dependent on Expedia's stock.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 30
NEUTRAL IMPACT
Expedia did not benefit from a better gross bookings outlook compared to Booking Holdings Inc, facing a softer start in 2024 for Vrbo and slower B2C growth.
While the article mentions Booking Holdings in comparison to Expedia's performance, there's no direct negative or positive impact implied on BKNG's stock.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
NEUTRAL IMPACT
Hennessy Stance ESG ETF offers another avenue for investors to gain exposure to Expedia Group, potentially influenced by Expedia's recent performance.
STNC is mentioned alongside BEDZ as a method for gaining exposure to Expedia. However, like BEDZ, STNC's performance is influenced by a range of assets, not just Expedia.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 30