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Despegar.com
(NYSE:DESP)Despegar.com Stock (NYSE:DESP), Analyst Ratings, Price Targets, Predictions
Despegar.com Corp has a consensus price target of $12.75, established from looking at the 17 latest analyst ratings. The last 3 analyst ratings were released from Citigroup, Cantor Fitzgerald, and B. Riley Securities on April 29, 2024, March 22, 2024, and March 15, 2024. With an average price target of $14.83 between Citigroup, Cantor Fitzgerald, and B. Riley Securities, there's an implied 17.77% upside for Despegar.com Corp from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Citigroup
Cantor Fitzgerald
B. Riley Securities
Morgan Stanley
Cowen & Co.
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Despegar.com
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 04/29/2024 | Buy Now | 15.13% | Citigroup | Joao Pedro Soares | $11.5 → $14.5 | Downgrade | Buy → Neutral | Get Alert |
| 03/22/2024 | Buy Now | 11.16% | Cantor Fitzgerald | Thomas Shinske | → $14 | Reiterates | Overweight → Overweight | Get Alert |
| 03/15/2024 | Buy Now | 27.03% | B. Riley Securities | Naved Khan | $15 → $16 | Reiterates | Buy → Buy | Get Alert |
| 03/15/2024 | Buy Now | 11.16% | Cantor Fitzgerald | Thomas Shinske | $11 → $14 | Maintains | Overweight | Get Alert |
| 03/07/2024 | Buy Now | -12.66% | Cantor Fitzgerald | Thomas Shinske | → $11 | Initiates | → Overweight | Get Alert |
| 12/20/2023 | Buy Now | 19.09% | B. Riley Securities | Naved Khan | $12 → $15 | Maintains | Buy | Get Alert |
| 08/18/2023 | Buy Now | -12.66% | B. Riley Securities | Naved Khan | $10 → $11 | Maintains | Buy | Get Alert |
| 08/11/2023 | Buy Now | 3.22% | Morgan Stanley | Brian Nowak | $6.5 → $13 | Assumes | Equal-Weight → Overweight | Get Alert |
| 06/22/2023 | Buy Now | -20.6% | B. Riley Securities | Naved Khan | → $10 | Initiates | → Buy | Get Alert |
| 03/20/2023 | Buy Now | -48.39% | Morgan Stanley | Brian Nowak | $6 → $6.5 | Maintains | Equal-Weight | Get Alert |
| 01/18/2023 | Buy Now | -52.36% | Morgan Stanley | Brian Nowak | $8 → $6 | Maintains | Equal-Weight | Get Alert |
| 11/22/2022 | Buy Now | -36.48% | Morgan Stanley | Brian Nowak | $10.5 → $8 | Maintains | Equal-Weight | Get Alert |
| 08/23/2022 | Buy Now | -16.63% | Morgan Stanley | Brian Nowak | $10 → $10.5 | Maintains | Equal-Weight | Get Alert |
| 06/23/2022 | Buy Now | -16.63% | Cowen & Co. | Kevin Kopelman | $12.5 → $10.5 | Maintains | Outperform | Get Alert |
| 01/25/2022 | Buy Now | — | Citigroup | Sergio Matsumoto | — | Upgrade | Neutral → Buy | Get Alert |
| 01/20/2022 | Buy Now | 58.79% | Keybanc | Brad Erickson | $23 → $20 | Maintains | Overweight | Get Alert |
| 05/24/2021 | Buy Now | 11.16% | Morgan Stanley | — | — | Maintains | Equal-Weight | Get Alert |
FAQ
What is the target price for Despegar.com (DESP)?
The latest price target for Despegar.com (NYSE: DESP) was reported by Citigroup on April 29, 2024. The analyst firm set a price target for $14.50 expecting DESP to rise to within 12 months (a possible 15.13% upside). 9 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Despegar.com (DESP)?
The latest analyst rating for Despegar.com (NYSE: DESP) was provided by Citigroup, and Despegar.com downgraded their neutral rating.
When was the last upgrade for Despegar.com (DESP)?
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.
When was the last downgrade for Despegar.com (DESP)?
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.
When is the next analyst rating going to be posted or updated for Despegar.com (DESP)?
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 April 29, 2024 so you should expect the next rating to be made available sometime around April 29, 2025.
Is the Analyst Rating Despegar.com (DESP) correct?
While ratings are subjective and will change, the latest Despegar.com (DESP) rating was a downgraded with a price target of $11.50 to $14.50. The current price Despegar.com (DESP) is trading at is $12.60, which is within the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.