Despegar (DESP) Stock Forecast, Price Target & Predictions

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DESP Stock Forecast

Despegar stock forecast is as follows: an average price target of $21.00 (represents a 43.34% upside from DESP’s last price of $14.65) and a rating consensus of 'Buy', based on 6 wall street analysts offering a 1-year stock forecast.

DESP Price Target

The average price target for Despegar (DESP) is $21.00 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $21.00 to $21.00. This represents a potential 43.34% upside from DESP's last price of $14.65.

DESP Analyst Ratings

Buy

According to 6 Wall Street analysts, Despegar's rating consensus is 'Buy'. The analyst rating breakdown for DESP stock is 0 'Strong Buy' (0.00%), 5 'Buy' (83.33%), 1 'Hold' (16.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Despegar Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Nov 29, 2024	Andrew Ruben	Morgan Stanley	$21.00	$17.89	17.42%	43.34%
May 17, 2024	Naved Khan	B.Riley Financial	$19.00	$12.54	51.52%	29.69%
May 17, 2024	Thomas Shinske	Cantor Fitzgerald	$17.00	$14.47	17.48%	16.04%
Nov 22, 2022		Morgan Stanley	$8.00	$5.47	46.25%	-45.39%
Aug 23, 2022		Morgan Stanley	$10.50	$8.01	31.09%	-28.33%
Jun 23, 2022		Cowen & Co.	$10.50	$7.56	38.89%	-28.33%

The latest Despegar stock forecast, released on Nov 29, 2024 by Andrew Ruben from Morgan Stanley, set a price target of $21.00, which represents a 17.42% increase from the stock price at the time of the forecast ($17.89), and a 43.34% increase from DESP last price ($14.65).

Despegar Price Target by Period

	1M	3M	12M
# Anlaysts	1	1	3
Avg Price Target	$21.00	$21.00	$19.00
Last Closing Price	$14.65	$14.65	$14.65
Upside/Downside	43.34%	43.34%	29.69%

In the current month, the average price target of Despegar stock is $21.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 43.34% increase as opposed to Despegar's last price of $14.65. This month's average price target is down 0.00% compared to last quarter, and up 10.53% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Nov 29, 2024	Morgan Stanley	Overweight	Overweight	Hold
Aug 20, 2024	Cowen & Co.	Buy	Buy	Hold
Jul 22, 2024	Citigroup	Neutral	Neutral	Hold
Jun 26, 2024	Santander		Outperform	Initialise
May 17, 2024	B. Riley	Buy	Buy	Hold
May 17, 2024	Cantor Fitzgerald	Overweight	Overweight	Hold
Nov 22, 2022	Morgan Stanley	Equal-Weight	Equal-Weight	Hold
Aug 23, 2022	Morgan Stanley	Equal-Weight	Equal-Weight	Hold
Jun 23, 2022	Cowen & Co.	Outperform	Outperform	Hold

Despegar's last stock rating was published by Morgan Stanley on Nov 29, 2024. The company gave DESP a "Overweight" rating, the same as its previous rate.

Despegar Financial Forecast

Despegar Revenue Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Sep 17
Revenue	-	-	-	-	-	-	-	-	-	-	-	$158.71M	$145.54M	$145.60M	$134.42M	$112.41M	$124.56M	$83.37M	$63.07M	$51.85M	$53.25M	$11.74M	$-9.73M	$76.08M	$145.63M	$132.05M	$114.09M	$133.11M	$148.59M	$131.47M
Avg Forecast	$246.70M	$215.80M	$201.10M	$185.20M	$213.75M	$189.87M	$185.80M	$170.59M	$190.08M	$168.35M	$158.77M	$155.90M	$150.25M	$131.90M	$127.65M	$104.85M	$109.85M	$74.90M	$56.60M	$48.60M	$30.29M	$10.90M	$3.00M	$78.17M	$131.12M	$122.89M	$114.90M	$128.90M	$130.03M	$123.28M
High Forecast	$253.54M	$221.78M	$206.68M	$188.09M	$214.72M	$195.14M	$186.68M	$170.59M	$192.31M	$173.02M	$163.17M	$160.22M	$154.42M	$131.90M	$127.65M	$104.85M	$109.85M	$74.90M	$56.60M	$48.60M	$30.29M	$10.90M	$3.00M	$78.17M	$131.12M	$122.89M	$114.90M	$128.90M	$156.03M	$147.94M
Low Forecast	$241.49M	$211.25M	$196.86M	$182.31M	$213.09M	$185.86M	$184.91M	$170.59M	$187.37M	$164.80M	$155.42M	$152.61M	$147.08M	$131.90M	$127.65M	$104.85M	$109.85M	$74.90M	$56.60M	$48.60M	$30.29M	$10.90M	$3.00M	$78.17M	$131.12M	$122.89M	$114.90M	$128.90M	$104.02M	$98.63M
# Analysts	1	1	1	2	3	2	2	2	3	1	1	1	1	1	1	1	1	1	1	1	13	7	7	9	8	6	10	6	14	11
Surprise %	-	-	-	-	-	-	-	-	-	-	-	1.02%	0.97%	1.10%	1.05%	1.07%	1.13%	1.11%	1.11%	1.07%	1.76%	1.08%	-3.24%	0.97%	1.11%	1.07%	0.99%	1.03%	1.14%	1.07%

Despegar's average Quarter revenue forecast for Jun 23 based on 1 analysts is $158.77M, with a low forecast of $155.42M, and a high forecast of $163.17M. DESP's average Quarter revenue forecast represents a 0.04% increase compared to the company's last Quarter revenue of $158.71M (Mar 23).

Despegar EBITDA Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Sep 17
# Analysts	1	1	1	2	3	2	2	2	3	1	1	1	1	1	1	1	1	1	1	1	13	7	7	9	8	6	10	6	14	11
EBITDA	-	-	-	-	-	-	-	-	-	-	-	$17.08M	$14.31M	$11.43M	$8.53M	$5.24M	$4.79M	$-14.27M	$-28.46M	$-27.40M	$-25.02M	$-34.50M	$-56.88M	$-6.94M	$8.50M	$2.39M	$-12.18M	$6.96M	$23.47M	$19.19M
Avg Forecast	$-45.06M	$-39.41M	$-36.73M	$-33.82M	$-39.04M	$-34.68M	$-33.93M	$-31.16M	$-34.72M	$-30.75M	$-29.00M	$-28.47M	$-27.44M	$-20.44M	$-19.78M	$-2.04M	$-17.02M	$-11.61M	$-8.77M	$-24.19M	$-4.69M	$-1.69M	$-464.93K	$-8.62M	$-20.32M	$-19.05M	$-17.81M	$8.70M	$20.12M	$17.91M
High Forecast	$-44.10M	$-38.58M	$-35.95M	$-33.29M	$-38.92M	$-33.94M	$-33.77M	$-31.15M	$-34.22M	$-30.10M	$-28.38M	$-27.87M	$-26.86M	$-20.44M	$-19.78M	$-1.63M	$-17.02M	$-11.61M	$-8.77M	$-19.35M	$-4.69M	$-1.69M	$-464.93K	$-6.89M	$-20.32M	$-19.05M	$-17.81M	$10.44M	$24.14M	$21.49M
Low Forecast	$-46.30M	$-40.50M	$-37.75M	$-34.35M	$-39.21M	$-35.64M	$-34.09M	$-31.16M	$-35.12M	$-31.60M	$-29.80M	$-29.26M	$-28.20M	$-20.44M	$-19.78M	$-2.45M	$-17.02M	$-11.61M	$-8.77M	$-29.02M	$-4.69M	$-1.69M	$-464.93K	$-10.34M	$-20.32M	$-19.05M	$-17.81M	$6.96M	$16.09M	$14.33M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-0.60%	-0.52%	-0.56%	-0.43%	-2.56%	-0.28%	1.23%	3.24%	1.13%	5.33%	20.43%	122.35%	0.81%	-0.42%	-0.13%	0.68%	0.80%	1.17%	1.07%

1 analysts predict DESP's average Quarter EBITDA for Jun 23 to be $-29.00M, with a high of $-28.38M and a low of $-29.80M. This is -269.80% lower than Despegar's previous annual EBITDA (Mar 23) of $17.08M.

Despegar Net Income Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Sep 17
# Analysts	1	1	1	2	3	2	2	2	3	1	1	1	1	1	1	1	1	1	1	1	13	7	7	9	8	6	10	6	14	11
Net Income	-	-	-	-	-	-	-	-	-	-	-	$-697.00K	$-15.16M	$-9.29M	$-13.16M	$-30.92M	$-10.74M	$-23.67M	$-31.10M	$-37.38M	$-26.40M	$-41.67M	$-57.07M	$-15.22M	$-2.65M	$-3.68M	$-16.47M	$1.89M	$16.36M	$11.21M
Avg Forecast	$35.24M	$30.21M	$22.66M	$20.98M	$31.61M	$14.21M	$13.66M	$11.29M	$14.02M	$12.59M	$-419.58K	$839.16K	$-13.43M	$-13.36M	$-12.53M	$-37.54M	$-6.68M	$-26.72M	$-29.51M	$-33.00M	$-31.88M	$-32.58M	$-36.75M	$-18.90M	$-6.07M	$-6.07M	$-18.35M	$2.36M	$14.02M	$10.46M
High Forecast	$36.52M	$31.30M	$23.47M	$22.80M	$44.40M	$14.73M	$13.79M	$11.31M	$14.76M	$13.04M	$-408.07K	$869.41K	$-13.06M	$-13.36M	$-12.53M	$-30.03M	$-6.68M	$-26.72M	$-29.51M	$-26.40M	$-31.88M	$-32.58M	$-36.75M	$-15.12M	$-6.07M	$-6.07M	$-18.35M	$2.83M	$16.83M	$12.55M
Low Forecast	$34.28M	$29.38M	$22.04M	$19.15M	$18.81M	$13.82M	$13.52M	$11.27M	$12.55M	$12.24M	$-434.71K	$816.13K	$-13.91M	$-13.36M	$-12.53M	$-45.05M	$-6.68M	$-26.72M	$-29.51M	$-39.60M	$-31.88M	$-32.58M	$-36.75M	$-22.68M	$-6.07M	$-6.07M	$-18.35M	$1.89M	$11.22M	$8.37M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-0.83%	1.13%	0.70%	1.05%	0.82%	1.61%	0.89%	1.05%	1.13%	0.83%	1.28%	1.55%	0.81%	0.44%	0.61%	0.90%	0.80%	1.17%	1.07%

Despegar's average Quarter net income forecast for Jun 19 is $-18.35M, with a range of $-18.35M to $-18.35M. DESP's average Quarter net income forecast represents a -1072.81% decrease compared to the company's last Quarter net income of $1.89M (Mar 19).

Despegar SG&A Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Sep 17
# Analysts	1	1	1	2	3	2	2	2	3	1	1	1	1	1	1	1	1	1	1	1	13	7	7	9	8	6	10	6	14	11
SG&A	-	-	-	-	-	-	-	-	-	-	-	$74.56M	$72.34M	$71.05M	$69.25M	$58.53M	$56.16M	$45.55M	$44.48M	$36.01M	$42.92M	$28.12M	$31.24M	$50.01M	$75.58M	$71.75M	$71.95M	$61.57M	$62.30M	$56.41M
Avg Forecast	$157.16M	$137.48M	$128.11M	$117.98M	$136.17M	$120.96M	$118.36M	$108.68M	$121.09M	$107.25M	$101.14M	$99.32M	$95.72M	$83.51M	$80.82M	$71.07M	$69.55M	$47.42M	$35.83M	$31.79M	$19.18M	$6.90M	$1.90M	$62.08M	$83.01M	$77.80M	$72.74M	$76.96M	$53.40M	$52.65M
High Forecast	$161.52M	$141.29M	$131.67M	$119.83M	$136.79M	$124.31M	$118.93M	$108.68M	$122.51M	$110.22M	$103.95M	$102.07M	$98.37M	$83.51M	$80.82M	$85.28M	$69.55M	$47.42M	$35.83M	$38.14M	$19.18M	$6.90M	$1.90M	$74.49M	$83.01M	$77.80M	$72.74M	$92.36M	$64.08M	$63.18M
Low Forecast	$153.85M	$134.58M	$125.41M	$116.14M	$135.75M	$118.41M	$117.80M	$108.68M	$119.36M	$104.99M	$99.01M	$97.22M	$93.70M	$83.51M	$80.82M	$56.85M	$69.55M	$47.42M	$35.83M	$25.43M	$19.18M	$6.90M	$1.90M	$49.66M	$83.01M	$77.80M	$72.74M	$61.57M	$42.72M	$42.12M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	0.75%	0.76%	0.85%	0.86%	0.82%	0.81%	0.96%	1.24%	1.13%	2.24%	4.08%	16.45%	0.81%	0.91%	0.92%	0.99%	0.80%	1.17%	1.07%

Despegar's average Quarter SG&A projection for Jun 23 is $101.14M, based on 1 Wall Street analysts, with a range of $99.01M to $103.95M. The forecast indicates a 35.65% rise compared to DESP last annual SG&A of $74.56M (Mar 23).

Despegar EPS Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Sep 17
# Analysts	1	1	1	2	3	2	2	2	3	1	1	1	1	1	1	1	1	1	1	1	13	7	7	9	8	6	10	6	14	11
EPS	-	-	-	-	-	-	-	-	-	-	-	$-0.01	$-0.30	$-0.11	$-0.16	$-0.37	$-0.13	$-0.29	$-0.44	$-0.54	$-0.41	$-0.60	$-0.82	$-0.22	$-0.04	$-0.05	$-0.24	$0.03	$0.24	$0.19
Avg Forecast	$0.42	$0.36	$0.27	$0.25	$0.38	$0.17	$0.16	$0.13	$0.17	$0.15	$-0.01	$0.01	$-0.16	$-0.16	$-0.15	$-0.16	$-0.08	$-0.32	$-0.35	$-0.34	$-0.38	$-0.39	$-0.44	$-0.28	$-0.07	$-0.07	$-0.22	$0.04	$0.18	$0.14
High Forecast	$0.44	$0.37	$0.28	$0.27	$0.53	$0.18	$0.16	$0.13	$0.18	$0.16	$-0.00	$0.01	$-0.16	$-0.16	$-0.15	$-0.16	$-0.08	$-0.32	$-0.35	$-0.34	$-0.38	$-0.39	$-0.44	$-0.28	$-0.07	$-0.07	$-0.22	$0.04	$0.22	$0.17
Low Forecast	$0.41	$0.35	$0.26	$0.23	$0.22	$0.16	$0.16	$0.13	$0.15	$0.15	$-0.01	$0.01	$-0.17	$-0.16	$-0.15	$-0.16	$-0.08	$-0.32	$-0.35	$-0.34	$-0.38	$-0.39	$-0.44	$-0.28	$-0.07	$-0.07	$-0.22	$0.04	$0.14	$0.11
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-0.90%	1.88%	0.69%	1.07%	2.31%	1.63%	0.90%	1.26%	1.59%	1.07%	1.54%	1.86%	0.79%	0.55%	0.69%	1.09%	0.81%	1.33%	1.36%

According to 10 Wall Street analysts, Despegar's projected average Quarter EPS for Jun 19 is $-0.22, with a low estimate of $-0.22 and a high estimate of $-0.22. This represents a -832.30% decrease compared to DESP previous annual EPS of $0.03 (Mar 19).

Despegar Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
MOND	Mondee	$0.03	$13.00	43233.33%	Buy
YTRA	Yatra Online	$1.36	$4.00	194.12%	Buy
DESP	Despegar	$16.55	$21.00	26.89%	Buy
LIND	Lindblad Expeditions	$11.94	$14.75	23.53%	Buy
TNL	Travel + Leisure	$52.61	$54.80	4.16%	Buy
TRIP	Tripadvisor	$13.49	$14.00	3.78%	Buy
TCOM	Trip.com Group	$74.61	$75.54	1.25%	Buy
MMYT	MakeMyTrip	$118.01	$115.50	-2.13%	Buy
EXPE	Expedia Group	$180.64	$172.56	-4.47%	Hold
BKNG	Booking	$5.15K	$4.73K	-8.32%	Buy

DESP Forecast FAQ

Is Despegar a good buy?

Yes, according to 6 Wall Street analysts, Despegar (DESP) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 83.33% of DESP's total ratings.

What is DESP's price target?

Despegar (DESP) average price target is $21 with a range of $21 to $21, implying a 43.34% from its last price of $14.65. The data is based on 6 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Despegar stock go up soon?

According to Wall Street analysts' prediction for DESP stock, the company can go up by 43.34% (from the last price of $14.65 to the average price target of $21), up by 43.34% based on the highest stock price target, and up by 43.34% based on the lowest stock price target.

Can Despegar stock reach $20?

DESP's average twelve months analyst stock price target of $21 supports the claim that Despegar can reach $20 in the near future.

What is Despegar's current price target trend?

1 Wall Street analyst forecast a $21 price target for Despegar (DESP) this month, up 43.34% from its last price of $14.65. Compared to the last 3 and 12 months, the average price target increased by 43.34% and increased by 29.69%, respectively.

What are Despegar's analysts' financial forecasts?

Despegar's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $760.01M (high $767.13M, low $754.46M), average EBITDA is $-139M (high $-138M, low $-140M), average net income is $70.77M (high $84.23M, low $57.43M), average SG&A $484.17M (high $488.7M, low $480.63M), and average EPS is $0.843 (high $1, low $0.684). DESP's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $848.8M (high $870.1M, low $831.9M), average EBITDA is $-155M (high $-152M, low $-159M), average net income is $109.09M (high $114.09M, low $104.85M), average SG&A $540.74M (high $554.3M, low $529.97M), and average EPS is $1.3 (high $1.36, low $1.25).

Did the DESP's actual financial results beat the analysts' financial forecasts?

Based on Despegar's last annual report (Dec 2022), the company's revenue was $537.97M, beating the average analysts forecast of $514.65M by 4.53%. Apple's EBITDA was $39.51M, missing the average prediction of $-69.708M by -156.68%. The company's net income was $-68.529M, missing the average estimation of $-76.859M by -10.84%. Apple's SG&A was $271.16M, missing the average forecast of $331.11M by -18.11%. Lastly, the company's EPS was $-0.89, beating the average prediction of $-0.63 by 41.27%. In terms of the last quarterly report (Mar 2023), Despegar's revenue was $158.71M, beating the average analysts' forecast of $155.9M by 1.80%. The company's EBITDA was $17.08M, missing the average prediction of $-28.472M by -159.97%. Despegar's net income was $-697K, missing the average estimation of $839.16K by -183.06%. The company's SG&A was $74.56M, missing the average forecast of $99.32M by -24.92%. Lastly, the company's EPS was $-0.009, missing the average prediction of $0.01 by -190.00%