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Earnings
Despegar.com reports Q1 EPS (45c) vs. (55c) last year » 06:02
05/19/22
05/19
06:02
05/19/22
06:02
DESP

Despegar.com

$8.87 /

-0.6 (-6.34%)

Reports Q1 revenue…

Reports Q1 revenue $112.4M vs. $51.9M last year. Gross Bookings of $803.9 million, up 118% YoY and at 69% of 1Q19 levels. Due to the spread of Omicron variant and seasonality in LatAm, Gross Bookings were slower in January, but recovered by 40% in March, when Omicron cases subsided.Commenting on the Company's performance, Damian Scokin, CEO said: "We continue to identify opportunities to consolidate Latin America's highly fragmented travel market. The recently announced acquisition of Brazil's Viajanet, an online travel platform focused on the country's air segment, will give us an opportunity to sell Despegar's complementary higher-margin non-air products to its large customer base. Additionally, we intend to drive other synergies by powering this latest acquisition with Despegar's sophisticated technology platform. Acquiring Viajanet adds a new brand to our portfolio as well as a talented local tech development team. We are also advancing the integration of vacation rental channel manager Stays, which we expect to close by quarter-end. In the meantime, we continue to add inventory to our vacation rental offering. We are expanding Koin's geographic reach beyond Brazil through a strategic partnership with Movii, Colombia's largest digital wallet. By combining forces, Koin will offer its Buy Now Pay Later solutions to Movii's four million customers, which will not only greatly increase our addressable market, but help Despegar capture more of the country's large OTA market. Looking at our first quarter results, we delivered $12.3 million of Adjusted EBITDA in our touristic business, demonstrating the substantial earnings power we have built into the Company over the last two years. Moreover, profitability increased even though travel demand was dampened by the Omicron variant, the impact of which was mostly limited to January and February. March Gross Bookings rose over 40% compared to January, when the variant peaked. Despegar's greater operating leverage is reflected in our Gross Profit Margin, which expanded 697 basis points sequentially to 66% in the quarter. Margin was slightly higher than that in 1Q19 and was achieved despite Gross Bookings recovering to only 69% of their pre-pandemic level. With Omicron behind us and travel restrictions practically eliminated, we expect demand to continue recovering, based on the prevailing trends we have observed in April and early May. We are even more encouraged by the substantial opportunity that a resumption in international travel presents, given Despegar's regional leadership."

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DESP Despegar.com
$8.87 /

-0.6 (-6.34%)

DESP Despegar.com
$8.87 /

-0.6 (-6.34%)

01/25/22 Citi
Despegar.com upgraded to Buy from Neutral at Citi
12/15/21 Cowen
Despegar.com price target lowered to $11 from $13 at Cowen
DESP Despegar.com
$8.87 /

-0.6 (-6.34%)

Over a week ago
Hot Stocks
Despegar.com to acquire Viajanet for $15M » 09:04
05/06/22
05/06
09:04
05/06/22
09:04
DESP

Despegar.com

$9.91 /

-0.34 (-3.32%)

Despegar.com announced…

Despegar.com announced that it has agreed to acquire TVLX Viagens e Turismo S.A, or Viajanet, one of the online travel agencies in Brazil, for a total consideration of approximately $15M and subject to customary closing conditions. Under the terms of the agreement, 60% of the purchase price will be payable at closing, 20% in 24 months and the remaining 20% in 36 months. Viajanet recorded audited revenues of approximately $30M in 2019. During 2021, Viajanet's online sales accounted for approximately 98% of total sales, with 88% of gross bookings originated in the B2C channel and the remainder via the B2B channel. In addition, 98% of gross bookings were within the Air segment of Brazil's travel market, giving Despegar the opportunity to cross-sell its accommodation and other non-air product inventory to Viajanet's existing customers. The closing of the transaction is expected to take place in the second quarter of 2022.

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DESP Despegar.com
$9.91 /

-0.34 (-3.32%)

DESP Despegar.com
$9.91 /

-0.34 (-3.32%)

01/25/22 Citi
Despegar.com upgraded to Buy from Neutral at Citi
12/15/21 Cowen
Despegar.com price target lowered to $11 from $13 at Cowen
DESP Despegar.com
$9.91 /

-0.34 (-3.32%)

Over a month ago
Earnings
Despegar.com reports Q4 EPS ex-items (17c), one estimate (11c) » 06:09
03/10/22
03/10
06:09
03/10/22
06:09
DESP

Despegar.com

$11.15 /

+0.42 (+3.91%)

Reports Q4 revenue…

Reports Q4 revenue $124.6M, consensus $109.85M. Q4 gross Bookings increased 46% quarter-over-quarter to $958.8M, reflecting higher travel demand across the region, and reaching 75% of the pre-pandemic level in 4Q19. CEO Damian Scokin stated: "It is gratifying to report Adjusted EBITDA of $9.0M, up 9% when compared to pre-pandemic profitability in 4Q19, especially considering that our Gross Bookings were only 75% of that quarter's level. The improvement in profitability is even more impressive when setting aside Koin, our merchant payments solution in Brazil, in which we are investing to scale the business. When excluding Koin and Extraordinary Charges, Adjusted EBITDA rose 30% to $16.3M vs. 4Q19...Despegar's encouraging Q4 results reflect the efforts we have made over the last two years to reduce our cost structure, capture synergies from acquisitions, diversify our revenue streams and increase profitability. These initiatives have significantly boosted our company's earnings power, which is growing with improving demand conditions that we benefited from this quarter...While Omicron is still dampening travel trends in the current quarter, we anticipate seeing a recovery in travel purchases next quarter and expect to benefit from substantial pent-up demand during the remainder of the year."

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DESP Despegar.com
$11.15 /

+0.42 (+3.91%)

DESP Despegar.com
$11.15 /

+0.42 (+3.91%)

01/25/22 Citi
Despegar.com upgraded to Buy from Neutral at Citi
12/15/21 Cowen
Despegar.com price target lowered to $11 from $13 at Cowen
03/16/21 KeyBanc
Despegar.com upgraded to Overweight as travel resumes at KeyBanc
03/15/21 KeyBanc
Despegar.com upgraded to Overweight from Sector Weight at KeyBanc
DESP Despegar.com
$11.15 /

+0.42 (+3.91%)

Over a quarter ago
Hot Stocks
Coleman's Tiger Global buys Embark, cuts Microsoft in Q4 » 12:29
02/14/22
02/14
12:29
02/14/22
12:29
NU

Nu Holdings

$8.93 /

+0.39 (+4.57%)

, EMBK

Embark Technology

$5.01 /

-0.02 (-0.40%)

, PRM

Perimeter Solutions

$12.95 /

+ (+0.00%)

, WEAV

Weave Communications

$10.51 /

+0.62 (+6.27%)

, TASK

TaskUs

$32.27 /

+0.115 (+0.36%)

, TDG

TransDigm

$637.63 /

-0.66 (-0.10%)

, FLT

FleetCor

$245.66 /

-0.925 (-0.38%)

, TUYA

Tuya

$5.94 /

-0.13 (-2.14%)

, ROOT

Root

$1.72 /

+0.005 (+0.29%)

, DESP

Despegar.com

$12.31 /

+0.36 (+3.01%)

, SNOW

Snowflake

$296.76 /

+2.99 (+1.02%)

, XPEV

XPeng

$37.52 /

+0.235 (+0.63%)

, CFLT

Confluent

$54.44 /

-2.77 (-4.84%)

, LI

Li Auto

$28.67 /

+0.505 (+1.79%)

, DDOG

Datadog

$165.68 /

-1.97 (-1.18%)

, APO

Apollo Global

$66.54 /

+0.81 (+1.23%)

, MSFT

Microsoft

$295.77 /

+0.79 (+0.27%)

, RBLX

Roblox

$70.40 /

+3.55 (+5.31%)

, DOCU

DocuSign

$124.11 /

+1.63 (+1.33%)

, AMZN

Amazon.com

$3,165.66 /

+100.71 (+3.29%)

, SE

Sea Limited

$135.35 /

-23.05 (-14.55%)

, DASH

DoorDash

$98.38 /

+3.37 (+3.55%)

Chase Coleman's…

Chase Coleman's Tiger Global disclosed in an SEC filing its holdings as of December 31, 2021. The fund's 16 new buys during the fourth quarter included, by size of position, Nubank (NU), Embark Technology (EMBK), Perimeter Solutions (PRM), Weave Communications (WEAV), and TaskUS (TASK). Tiger Global exited eight positions during the quarter, including by size of previous position TransDigm (TDG), FleetCor (FLT), Tuya (TUYA), Root (ROOT), and Despegar.com (DESP). The fund increased its stake in 29 holdings, including by size of previous position Snowflake (SNOW), XPeng (XPEV), Confluent (CFLT), Li Auto (LI), and Datadog (DDOG). Tiger reduced its stake in 21 holdings, including by size of previous position Apollo Global (APO), Microsoft (MSFT), Roblox (RBLX), DocuSign (DOCU), and Amazon (AMZN). The fund's top holdings as of December 31, in order of size, were Microsoft, Sea Ltd. (SE), Nu Holdings, Snowflake, and DoorDash (DASH).

ShowHide Related Items >><<
XPEV XPeng
$37.52 /

+0.235 (+0.63%)

WEAV Weave Communications
$10.51 /

+0.62 (+6.27%)

TUYA Tuya
$5.94 /

-0.13 (-2.14%)

TDG TransDigm
$637.63 /

-0.66 (-0.10%)

TASK TaskUs
$32.27 /

+0.115 (+0.36%)

SNOW Snowflake
$296.76 /

+2.99 (+1.02%)

SE Sea Limited
$135.35 /

-23.05 (-14.55%)

ROOT Root
$1.72 /

+0.005 (+0.29%)

RBLX Roblox
$70.40 /

+3.55 (+5.31%)

PRM Perimeter Solutions
$12.95 /

+ (+0.00%)

NU Nu Holdings
$8.93 /

+0.39 (+4.57%)

MSFT Microsoft
$295.77 /

+0.79 (+0.27%)

LI Li Auto
$28.67 /

+0.505 (+1.79%)

EMBK Embark Technology
$5.01 /

-0.02 (-0.40%)

DOCU DocuSign
$124.11 /

+1.63 (+1.33%)

DESP Despegar.com
$12.31 /

+0.36 (+3.01%)

DDOG Datadog
$165.68 /

-1.97 (-1.18%)

DASH DoorDash
$98.38 /

+3.37 (+3.55%)

CFLT Confluent
$54.44 /

-2.77 (-4.84%)

APO Apollo Global
$66.54 /

+0.81 (+1.23%)

AMZN Amazon.com
$3,165.66 /

+100.71 (+3.29%)

NU Nu Holdings
$8.93 /

+0.39 (+4.57%)

01/28/22 BofA
BofA starts Nu Holdings at Neutral, sees balanced risk-reward
01/28/22 BofA
Nu Holdings initiated with a Neutral at BofA
01/04/22 Itau BBA
Nu Holdings initiated with an Underperform at Itau BBA
01/04/22 Citi
Nu Holdings initiated with a Buy at Citi
EMBK Embark Technology
$5.01 /

-0.02 (-0.40%)

01/11/22 KeyBanc
KeyBanc initiates Embark Technology with a Sector Weight
01/10/22 KeyBanc
Embark Technology initiated with a Sector Weight at KeyBanc
12/16/21 Baird
Embark Technology initiated with Outperform, $12 target at Baird
12/16/21 Baird
Embark Technology initiated with an Outperform at Baird
PRM Perimeter Solutions
$12.95 /

+ (+0.00%)

WEAV Weave Communications
$10.51 /

+0.62 (+6.27%)

02/11/22 Citi
Weave Communications price target lowered to $12 from $19 at Citi
12/14/21 Tigress Financial
Weave Communications initiated with a Buy at Tigress Financial
12/07/21 William Blair
Weave Communications initiated with an Outperform at William Blair
12/06/21 Loop Capital
Weave Communications initiated with a Buy at Loop Capital
TASK TaskUs
$32.27 /

+0.115 (+0.36%)

02/01/22 Baird
TaskUs price target lowered to $45 from $74 at Baird
01/26/22 JPMorgan
TaskUs selloff on short report seems overdone, says JPMorgan
01/20/22 Baird
TaskUs issues raised in short report well known, says Baird
01/09/22 Goldman Sachs
TaskUs initiated with a Buy at Goldman Sachs
TDG TransDigm
$637.63 /

-0.66 (-0.10%)

02/09/22 JPMorgan
TransDigm price target raised to $688 from $670 at JPMorgan
02/09/22 Morgan Stanley
TransDigm price target raised to $801 from $762 at Morgan Stanley
01/07/22 Truist
TransDigm upgraded to Buy from Hold at Truist
01/07/22 Truist
TransDigm upgraded to Buy from Hold at Truist
FLT FleetCor
$245.66 /

-0.925 (-0.38%)

02/14/22 Barclays
FleetCor price target raised to $306 from $304 at Barclays
02/09/22 Truist
FleetCor price target lowered to $280 from $295 at Truist
01/25/22 Mizuho
FleetCor price target lowered to $255 from $290 at Mizuho
12/14/21 Barclays
FleetCor price target lowered to $304 from $321 at Barclays
TUYA Tuya
$5.94 /

-0.13 (-2.14%)

05/14/21 BofA
Tuya upgraded to Buy at BofA after Q1 revenue beat
05/14/21 BofA
Tuya upgraded to Buy from Neutral at BofA
04/12/21 Morgan Stanley
Tuya initiated with an Overweight at Morgan Stanley
ROOT Root
$1.72 /

+0.005 (+0.29%)

11/18/21 Jefferies
Jefferies starts Root at Hold, sees potential for strategic action
11/18/21 Jefferies
Root initiated with a Hold at Jefferies
11/15/21 Barclays
Root downgraded to Underweight from Equal Weight at Barclays
08/23/21 Citi
Root price target lowered to $6 from $11.50 at Citi
DESP Despegar.com
$12.31 /

+0.36 (+3.01%)

01/25/22 Citi
Despegar.com upgraded to Buy from Neutral at Citi
12/15/21 Cowen
Despegar.com price target lowered to $11 from $13 at Cowen
03/16/21 KeyBanc
Despegar.com upgraded to Overweight as travel resumes at KeyBanc
03/15/21 KeyBanc
Despegar.com upgraded to Overweight from Sector Weight at KeyBanc
SNOW Snowflake
$296.76 /

+2.99 (+1.02%)

02/07/22 Morgan Stanley
Snowflake upgraded to Overweight from Equal Weight at Morgan Stanley
01/25/22 Loop Capital
Snowflake upgraded to Buy from Hold at Loop Capital
01/21/22 Deutsche Bank
Snowflake price target lowered to $375 from $400 at Deutsche Bank
01/18/22 William Blair
Snowflake upgraded to Outperform from Market Perform at William Blair
XPEV XPeng
$37.52 /

+0.235 (+0.63%)

02/08/22 Barclays
Barclays starts three China EV makers with buys on 'rare opportunity'
02/08/22 Barclays
XPeng initiated with an Overweight at Barclays
01/12/22 Morgan Stanley
Morgan Stanley sees 'choppy start to 2022' for China EV sales
01/12/22 Macquarie
XPeng initiated with an Outperform at Macquarie
CFLT Confluent
$54.44 /

-2.77 (-4.84%)

02/11/22 Deutsche Bank
Confluent price target lowered to $63 from $84 at Deutsche Bank
02/01/22 Citi
Citi adds 'positive catalyst watch' on Confluent into earnings
01/26/22 Wells Fargo
Confluent price target lowered to $75 from $90 at Wells Fargo
01/25/22 DA Davidson
Confluent upgraded to Buy at DA Davidson on improved valuation
LI Li Auto
$28.67 /

+0.505 (+1.79%)

02/08/22 Barclays
Li Auto initiated with an Overweight at Barclays
01/12/22 Macquarie
Li Auto initiated with an Outperform at Macquarie
DDOG Datadog
$165.68 /

-1.97 (-1.18%)

02/13/22 Jefferies
Jefferies sees strategic value in a potential Cisco acquisition of Splunk
02/11/22 Truist
Datadog price target raised to $225 from $200 at Truist
02/11/22 RBC Capital
Datadog price target raised to $225 from $210 at RBC Capital
02/11/22 Mizuho
Datadog price target raised to $225 from $200 at Mizuho
APO Apollo Global
$66.54 /

+0.81 (+1.23%)

02/14/22 BMO Capital
Apollo Global price target raised to $100 from $95 at BMO Capital
02/14/22 Deutsche Bank
Apollo Global price target lowered to $99 from $101 at Deutsche Bank
02/07/22 Morgan Stanley
TPG initiated with an Equal Weight at Morgan Stanley
01/13/22 Deutsche Bank
Apollo Global price target lowered to $101 from $110 at Deutsche Bank
MSFT Microsoft
$295.77 /

+0.79 (+0.27%)

02/14/22 BofA
Roblox reinstated with a Buy at BofA
02/08/22 Morgan Stanley
Microsoft 'still a strong buy,' says Morgan Stanley
02/07/22 BofA
BOFA adds Zoetis and Microsoft to best ideas list, removes two
02/04/22 Tigress Financial
Microsoft price target raised to $411 from $366 at Tigress Financial
RBLX Roblox
$70.40 /

+3.55 (+5.31%)

02/10/22 Morgan Stanley
Branded experiences key to Roblox long-term opportunity, says Morgan Stanley
01/31/22 Stifel
Roblox price target lowered to $110 from $134 at Stifel
01/19/22 Morgan Stanley
Roblox price target lowered to $115 from $150 at Morgan Stanley
DOCU DocuSign
$124.11 /

+1.63 (+1.33%)

01/06/22 Piper Sandler
DocuSign price target lowered to $175 from $200 at Piper Sandler
12/16/21 Morgan Stanley
Morgan Stanley cuts DocuSign to Equal Weight after thesis altering quarter
12/16/21 Morgan Stanley
DocuSign downgraded to Equal Weight from Overweight at Morgan Stanley
12/06/21
Fly Intel: Top five analyst downgrades
AMZN Amazon.com
$3,165.66 /

+100.71 (+3.29%)

02/09/22 Citi
Amazon.com price target raised to $4,115 from $4,100 at Citi
02/08/22 Craig-Hallum
Velodyne stock 60% outperformance 'seems an overreaction,' says Craig-Hallum
02/08/22 Wedbush
Peloton CEO departure sets up 'fork in the road path,' says Wedbush
SE Sea Limited
$135.35 /

-23.05 (-14.55%)

02/14/22 Stifel
Stifel sees mid-single digit impact on bookings at Sea's Garena on India ban
02/07/22 Barclays
Sea Limited price target lowered to $218 from $427 at Barclays
01/31/22 Citi
Sea Limited recent selloff brings buying opportunity, says Citi
01/27/22 Goldman Sachs
Sea Limited downgraded to Buy from Conviction Buy at Goldman Sachs
DASH DoorDash
$98.38 /

+3.37 (+3.55%)

02/11/22 Needham
Uber price target lowered to $68 from $75 at Needham
02/08/22 Mizuho
DoorDash price target lowered to $150 from $205 at Mizuho
01/19/22 Northcoast
DoorDash initiated with a Neutral at Northcoast
01/13/22 Mizuho
Regulatory trends favorable for gig economy companies, says Mizuho
XPEV XPeng
$37.52 /

+0.235 (+0.63%)

WEAV Weave Communications
$10.51 /

+0.62 (+6.27%)

TUYA Tuya
$5.94 /

-0.13 (-2.14%)

TDG TransDigm
$637.63 /

-0.66 (-0.10%)

TASK TaskUs
$32.27 /

+0.115 (+0.36%)

SNOW Snowflake
$296.76 /

+2.99 (+1.02%)

SE Sea Limited
$135.35 /

-23.05 (-14.55%)

ROOT Root
$1.72 /

+0.005 (+0.29%)

RBLX Roblox
$70.40 /

+3.55 (+5.31%)

MSFT Microsoft
$295.77 /

+0.79 (+0.27%)

LI Li Auto
$28.67 /

+0.505 (+1.79%)

FLT FleetCor
$245.66 /

-0.925 (-0.38%)

DOCU DocuSign
$124.11 /

+1.63 (+1.33%)

DESP Despegar.com
$12.31 /

+0.36 (+3.01%)

DDOG Datadog
$165.68 /

-1.97 (-1.18%)

DASH DoorDash
$98.38 /

+3.37 (+3.55%)

CFLT Confluent
$54.44 /

-2.77 (-4.84%)

APO Apollo Global
$66.54 /

+0.81 (+1.23%)

AMZN Amazon.com
$3,165.66 /

+100.71 (+3.29%)

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XPEV XPeng
$37.52 /

+0.235 (+0.63%)

TASK TaskUs
$32.27 /

+0.115 (+0.36%)

SE Sea Limited
$135.35 /

-23.05 (-14.55%)

RBLX Roblox
$70.40 /

+3.55 (+5.31%)

MSFT Microsoft
$295.77 /

+0.79 (+0.27%)

DOCU DocuSign
$124.11 /

+1.63 (+1.33%)

DASH DoorDash
$98.38 /

+3.37 (+3.55%)

APO Apollo Global
$66.54 /

+0.81 (+1.23%)

AMZN Amazon.com
$3,165.66 /

+100.71 (+3.29%)

XPEV XPeng
$37.52 /

+0.235 (+0.63%)

WEAV Weave Communications
$10.51 /

+0.62 (+6.27%)

TUYA Tuya
$5.94 /

-0.13 (-2.14%)

TDG TransDigm
$637.63 /

-0.66 (-0.10%)

TASK TaskUs
$32.27 /

+0.115 (+0.36%)

SNOW Snowflake
$296.76 /

+2.99 (+1.02%)

SE Sea Limited
$135.35 /

-23.05 (-14.55%)

ROOT Root
$1.72 /

+0.005 (+0.29%)

RBLX Roblox
$70.40 /

+3.55 (+5.31%)

NU Nu Holdings
$8.93 /

+0.39 (+4.57%)

MSFT Microsoft
$295.77 /

+0.79 (+0.27%)

DOCU DocuSign
$124.11 /

+1.63 (+1.33%)

DDOG Datadog
$165.68 /

-1.97 (-1.18%)

DASH DoorDash
$98.38 /

+3.37 (+3.55%)

CFLT Confluent
$54.44 /

-2.77 (-4.84%)

APO Apollo Global
$66.54 /

+0.81 (+1.23%)

XPEV XPeng
$37.52 /

+0.235 (+0.63%)

TUYA Tuya
$5.94 /

-0.13 (-2.14%)

TASK TaskUs
$32.27 /

+0.115 (+0.36%)

SNOW Snowflake
$296.76 /

+2.99 (+1.02%)

SE Sea Limited
$135.35 /

-23.05 (-14.55%)

ROOT Root
$1.72 /

+0.005 (+0.29%)

RBLX Roblox
$70.40 /

+3.55 (+5.31%)

NU Nu Holdings
$8.93 /

+0.39 (+4.57%)

MSFT Microsoft
$295.77 /

+0.79 (+0.27%)

LI Li Auto
$28.67 /

+0.505 (+1.79%)

EMBK Embark Technology
$5.01 /

-0.02 (-0.40%)

DOCU DocuSign
$124.11 /

+1.63 (+1.33%)

DDOG Datadog
$165.68 /

-1.97 (-1.18%)

DASH DoorDash
$98.38 /

+3.37 (+3.55%)

CFLT Confluent
$54.44 /

-2.77 (-4.84%)

APO Apollo Global
$66.54 /

+0.81 (+1.23%)

AMZN Amazon.com
$3,165.66 /

+100.71 (+3.29%)

Upgrade
Despegar.com upgraded to Buy from Neutral at Citi » 05:59
01/25/22
01/25
05:59
01/25/22
05:59
DESP

Despegar.com

$9.90 /

+0.5 (+5.32%)

Citi analyst Sergio…

Citi analyst Sergio Matsumoto upgraded Despegar.com to Buy from Neutral with an unchanged price target of $15. The shares are trading at a discounted valuation following the recent pullback "despite long-term earnings power that actually improved since pre-pandemic," Matsumoto tells investors in a research note. The analyst says omicron's reduced mobility should be contained mostly within Q1, then Latin America markets "should resume their recovery path." He views Despegar.com's earnings power as underappreciated.

ShowHide Related Items >><<
DESP Despegar.com
$9.90 /

+0.5 (+5.32%)

DESP Despegar.com
$9.90 /

+0.5 (+5.32%)

12/15/21 Cowen
Despegar.com price target lowered to $11 from $13 at Cowen
03/16/21 KeyBanc
Despegar.com upgraded to Overweight as travel resumes at KeyBanc
03/15/21 KeyBanc
Despegar.com upgraded to Overweight from Sector Weight at KeyBanc
DESP Despegar.com
$9.90 /

+0.5 (+5.32%)

Conference/Events
Despegar.com management to meet virtually with Morgan Stanley » 05:55
01/18/22
01/18
05:55
01/18/22
05:55
DESP

Despegar.com

$9.94 /

+0.22 (+2.26%)

Virtual Meeting to be…

Virtual Meeting to be held on January 18 hosted by Morgan Stanley.

ShowHide Related Items >><<
DESP Despegar.com
$9.94 /

+0.22 (+2.26%)

DESP Despegar.com
$9.94 /

+0.22 (+2.26%)

12/15/21 Cowen
Despegar.com price target lowered to $11 from $13 at Cowen
03/16/21 KeyBanc
Despegar.com upgraded to Overweight as travel resumes at KeyBanc
03/15/21 KeyBanc
Despegar.com upgraded to Overweight from Sector Weight at KeyBanc
DESP Despegar.com
$9.94 /

+0.22 (+2.26%)

Conference/Events
Despegar.com management to meet virtually with Morgan Stanley » 10:37
01/12/22
01/12
10:37
01/12/22
10:37
DESP

Despegar.com

$9.76 /

+0.015 (+0.15%)

Virtual Meeting to be…

Virtual Meeting to be held on January 18 hosted by Morgan Stanley.

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DESP Despegar.com
$9.76 /

+0.015 (+0.15%)

DESP Despegar.com
$9.76 /

+0.015 (+0.15%)

12/15/21 Cowen
Despegar.com price target lowered to $11 from $13 at Cowen
03/16/21 KeyBanc
Despegar.com upgraded to Overweight as travel resumes at KeyBanc
03/15/21 KeyBanc
Despegar.com upgraded to Overweight from Sector Weight at KeyBanc
01/13/21 Citi
Despegar.com downgraded to Neutral from Buy at Citi
DESP Despegar.com
$9.76 /

+0.015 (+0.15%)

Recommendations
Despegar.com price target lowered to $11 from $13 at Cowen » 08:53
12/15/21
12/15
08:53
12/15/21
08:53
DESP

Despegar.com

$8.95 /

-0.265 (-2.88%)

Cowen analyst Kevin…

Cowen analyst Kevin Kopelman lowered the firm's price target on Despegar.com to $11 from $13 and keeps an Outperform rating on the shares. The analyst lowered his estimates following results which showed Latin American bookings slowed in November, likely exacerbated by weakening currency and omicron concerns for international.

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DESP Despegar.com
$8.95 /

-0.265 (-2.88%)

DESP Despegar.com
$8.95 /

-0.265 (-2.88%)

03/16/21 KeyBanc
Despegar.com upgraded to Overweight as travel resumes at KeyBanc
03/15/21 KeyBanc
Despegar.com upgraded to Overweight from Sector Weight at KeyBanc
01/13/21 Citi
Despegar.com downgraded to Neutral from Buy at Citi
DESP Despegar.com
$8.95 /

-0.265 (-2.88%)

Hot Stocks
Despegar.com rises 11.0% » 10:00
11/17/21
11/17
10:00
11/17/21
10:00
DESP

Despegar.com

$12.39 /

+1.27 (+11.42%)

Despegar.com is up 11.0%,…

Despegar.com is up 11.0%, or $1.22 to $12.35.

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DESP Despegar.com
$12.39 /

+1.27 (+11.42%)

03/16/21 KeyBanc
Despegar.com upgraded to Overweight as travel resumes at KeyBanc
03/15/21 KeyBanc
Despegar.com upgraded to Overweight from Sector Weight at KeyBanc
01/13/21 Citi
Despegar.com downgraded to Neutral from Buy at Citi
11/30/20 Morgan Stanley
Despegar.com price target raised to $8 from $7.50 at Morgan Stanley
DESP Despegar.com
$12.39 /

+1.27 (+11.42%)

Earnings
Despegar.com reports Q3 adjusted EPS (30c), consensus (32c) » 06:08
11/17/21
11/17
06:08
11/17/21
06:08
DESP

Despegar.com

$11.12 /

-0.37 (-3.22%)

Reports Q3 revenue…

Reports Q3 revenue $83.4M, consensus $74.9M. Gross Bookings rose 34% sequentially to $657.3M, reflecting higher demand for domestic travel in Brazil, Argentina and Chile. Year-over-year, Gross Bookings increased 298%, but declined 44% compared with the pre-pandemic level of 3Q19. Transactions increased 44% QoQ and 221% YoY, and were 30% lower compared to 3Q19. Room nights increased 62% QoQ, and 162% YoY and were 42% lower compared to 3Q19. Mobile accounted for 48% of Transactions in 3Q21, up 643 bps compared to 3Q19.

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DESP Despegar.com
$11.12 /

-0.37 (-3.22%)

03/16/21 KeyBanc
Despegar.com upgraded to Overweight as travel resumes at KeyBanc
03/15/21 KeyBanc
Despegar.com upgraded to Overweight from Sector Weight at KeyBanc
01/13/21 Citi
Despegar.com downgraded to Neutral from Buy at Citi
11/30/20 Morgan Stanley
Despegar.com price target raised to $8 from $7.50 at Morgan Stanley
DESP Despegar.com
$11.12 /

-0.37 (-3.22%)

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