Despegar (DESP) Stock Forecast, Price Target & Predictions
DESP Stock Forecast
Despegar stock forecast is as follows: an average price target of $13.63 (represents a 9.65% upside from DESP’s last price of $12.43) 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 $13.63 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $19.00 to $8.00. This represents a potential 9.65% upside from DESP's last price of $12.43.
DESP Analyst Ratings
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%), 4 'Buy' (66.67%), 2 'Hold' (33.33%), 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 |
|---|---|---|---|---|---|---|
| May 17, 2024 | Naved Khan | B.Riley Financial | $19.00 | $12.54 | 51.52% | 52.86% |
| May 17, 2024 | Thomas Shinske | Cantor Fitzgerald | $17.00 | $14.47 | 17.48% | 36.77% |
| Nov 22, 2022 | - | Morgan Stanley | $8.00 | $5.47 | 46.25% | -35.64% |
| Aug 23, 2022 | - | Morgan Stanley | $10.50 | $8.01 | 31.09% | -15.53% |
| Jun 23, 2022 | - | Cowen & Co. | $10.50 | $7.56 | 38.89% | -15.53% |
The latest Despegar stock forecast, released on May 17, 2024 by Naved Khan from B.Riley Financial, set a price target of $19.00, which represents a 51.52% increase from the stock price at the time of the forecast ($12.54), and a 52.86% increase from DESP last price ($12.43).
Despegar Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 2 |
| Avg Price Target | - | - | $18.00 |
| Last Closing Price | $12.43 | $12.43 | $12.43 |
| Upside/Downside | -100.00% | -100.00% | 44.81% |
In the current month, the average price target of Despegar stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Despegar's last price of $12.43. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 Cowen & Co. on Aug 20, 2024. The company gave DESP a "Buy" 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | $158.71M | $145.54M | $145.60M | $134.42M |
| Avg Forecast | $240.95M | $216.90M | $206.80M | $191.15M | $222.35M | $195.80M | $185.80M | $170.59M | $190.08M | $168.35M | $158.77M | $155.90M | $150.25M | $131.90M | $127.65M |
| High Forecast | $243.82M | $219.48M | $209.26M | $193.43M | $225.00M | $198.25M | $188.01M | $172.62M | $192.31M | $170.36M | $160.66M | $157.76M | $152.04M | $133.47M | $127.65M |
| Low Forecast | $238.51M | $214.70M | $204.71M | $189.21M | $220.10M | $193.76M | $183.92M | $168.86M | $187.37M | $166.64M | $157.16M | $154.32M | $148.73M | $130.56M | $127.65M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 0.97% | 1.10% | 1.05% |
Despegar's average Quarter revenue forecast for Jun 23 based on 1 analysts is $158.77M, with a low forecast of $157.16M, and a high forecast of $160.66M. 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | $17.08M | $14.31M | $11.43M | $8.53M |
| Avg Forecast | $-37.34M | $-33.61M | $-32.05M | $-29.62M | $-34.46M | $-30.34M | $-28.79M | $-26.44M | $-29.46M | $-26.09M | $-24.61M | $-24.16M | $-23.29M | $-12.75M | $-19.78M |
| High Forecast | $-36.96M | $-33.27M | $-31.72M | $-29.32M | $-34.11M | $-30.03M | $-28.50M | $-26.17M | $-29.04M | $-25.83M | $-24.36M | $-23.92M | $-23.05M | $-10.20M | $-19.78M |
| Low Forecast | $-37.79M | $-34.02M | $-32.43M | $-29.98M | $-34.87M | $-30.73M | $-29.14M | $-26.75M | $-29.80M | $-26.40M | $-24.90M | $-24.45M | $-23.56M | $-15.30M | $-19.78M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | -0.71% | -0.61% | -0.90% | -0.43% |
1 analysts predict DESP's average Quarter EBITDA for Jun 23 to be $-24.61M, with a high of $-24.36M and a low of $-24.90M. This is -244.09% 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | $-697.00K | $-15.16M | $-9.29M | $-13.16M |
| Avg Forecast | $32.15M | $23.80M | $22.97M | $21.30M | $24.72M | $15.79M | $13.59M | $11.24M | $13.96M | $12.53M | $-417.57K | $835.14K | $-6.68M | $-21.16M | $-11.66M |
| High Forecast | $32.65M | $24.17M | $23.32M | $21.63M | $25.10M | $16.03M | $13.80M | $11.41M | $14.69M | $12.72M | $-412.07K | $848.07K | $-6.59M | $-16.93M | $-11.66M |
| Low Forecast | $31.73M | $23.49M | $22.66M | $21.02M | $24.39M | $15.04M | $13.41M | $11.09M | $12.49M | $12.36M | $-424.04K | $824.14K | $-6.78M | $-25.39M | $-11.66M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | -0.83% | 2.27% | 0.44% | 1.13% |
Despegar's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. DESP's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | $74.56M | $72.34M | $71.05M | $69.25M |
| Avg Forecast | $152.55M | $137.32M | $130.93M | $121.02M | $140.77M | $123.96M | $117.63M | $108.00M | $120.35M | $106.59M | $100.52M | $98.70M | $95.13M | $40.71M | $80.82M |
| High Forecast | $154.37M | $138.96M | $132.49M | $122.46M | $142.45M | $125.52M | $119.03M | $109.29M | $121.76M | $107.86M | $101.72M | $99.88M | $96.26M | $48.86M | $80.82M |
| Low Forecast | $151.00M | $135.93M | $129.60M | $119.79M | $139.35M | $122.67M | $116.44M | $106.91M | $118.63M | $105.51M | $99.50M | $97.70M | $94.16M | $32.57M | $80.82M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.76% | 0.76% | 1.75% | 0.86% |
Despegar's average Quarter SG&A projection for Jun 23 is $100.52M, based on 1 Wall Street analysts, with a range of $99.50M to $101.72M. The forecast indicates a 34.81% 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - |
| EPS | - | - | - | - | - | - | - | - | - | - | - | $-0.01 | $-0.30 | $-0.11 | $-0.16 |
| Avg Forecast | $0.39 | $0.28 | $0.28 | $0.26 | $0.30 | $0.19 | $0.16 | $0.13 | $0.17 | $0.15 | $-0.01 | $0.01 | $-0.08 | $-0.15 | $-0.15 |
| High Forecast | $0.39 | $0.29 | $0.28 | $0.26 | $0.30 | $0.19 | $0.17 | $0.14 | $0.18 | $0.15 | $-0.00 | $0.01 | $-0.08 | $-0.15 | $-0.15 |
| Low Forecast | $0.38 | $0.28 | $0.27 | $0.25 | $0.29 | $0.18 | $0.16 | $0.13 | $0.15 | $0.15 | $-0.01 | $0.01 | $-0.08 | $-0.15 | $-0.15 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | -0.90% | 3.75% | 0.73% | 1.07% |
According to undefined Wall Street analysts, Despegar's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to DESP previous annual EPS of $NaN (undefined).
Despegar Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| MOND | Mondee | $1.72 | $13.00 | 655.81% | Buy |
| YTRA | Yatra Online | $1.61 | $4.00 | 148.45% | Buy |
| TRIP | Tripadvisor | $13.51 | $27.64 | 104.59% | Buy |
| LIND | Lindblad Expeditions | $9.96 | $14.75 | 48.09% | Buy |
| TNL | Travel + Leisure | $42.43 | $60.40 | 42.35% | Buy |
| EXPE | Expedia Group | $135.77 | $166.19 | 22.41% | Buy |
| DESP | Despegar | $12.43 | $13.63 | 9.65% | Buy |
| TCOM | Trip.com Group | $47.29 | $51.25 | 8.37% | Buy |
| BKNG | Booking | $3.93K | $3.38K | -14.12% | Buy |
| MMYT | MakeMyTrip | $102.79 | $76.67 | -25.41% | 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 4 'Buy' recommendations, accounting for 66.67% of DESP's total ratings.
What is DESP's price target?
Despegar (DESP) average price target is $13.63 with a range of $8 to $19, implying a 9.65% from its last price of $12.43. 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 9.65% (from the last price of $12.43 to the average price target of $13.63), up by 52.86% based on the highest stock price target, and down by -35.64% based on the lowest stock price target.
Can Despegar stock reach $20?
DESP's average twelve months analyst stock price target of $13.63 does not support the claim that Despegar can reach $20 in the near future.
What are Despegar's analysts' financial forecasts?
Despegar's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $774.54M (high $783.89M, low $766.63M), average EBITDA is $-120M (high $-119M, low $-121M), average net income is $65.33M (high $66.34M, low $63.93M), average SG&A $490.37M (high $496.29M, low $485.37M), and average EPS is $0.782 (high $0.794, low $0.765). DESP's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $855.8M (high $866M, low $847.13M), average EBITDA is $-133M (high $-131M, low $-134M), average net income is $100.22M (high $101.77M, low $98.9M), average SG&A $541.82M (high $548.28M, low $536.34M), and average EPS is $1.2 (high $1.22, low $1.18).
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 $409.8M by 31.28%. Apple's EBITDA was $39.51M, missing the average prediction of $-55.821M by -170.78%. The company's net income was $-68.529M, beating the average estimation of $-39.495M by 73.51%. Apple's SG&A was $271.16M, beating the average forecast of $216.66M by 25.16%. Lastly, the company's EPS was $-0.89, beating the average prediction of $-0.38 by 134.21%. 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 $-24.161M by -170.68%. Despegar's net income was $-697K, missing the average estimation of $835.14K by -183.46%. The company's SG&A was $74.56M, missing the average forecast of $98.7M by -24.46%. Lastly, the company's EPS was $-0.009, missing the average prediction of $0.01 by -190.00%