TRIP, US8969452015

Bernstein keeps Buy rating and USD 20.00 target for Tripadvisor stock

Published on 10/15/2026 at 13:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached USD 441.9 million. Tripadvisor stock costs EUR 7.90 on October 15, 2026; results are due November 9, 2026.

Analyst view and operating figures

Bernstein maintained a Buy rating and set a USD 20.00 target on October 15, 2026.
Second-quarter 2026 continuing-operations revenue was USD 441.9 million.
Tripadvisor stock was trading at EUR 7.90 at 1:38 p.m. CEST at Lang & Schwarz on October 15, 2026.

TRIP, US8969452015, Illustration mit AI erstellt.

Tripadvisor, Inc. (ISIN US8969452015) was trading at EUR 7.90 at Lang & Schwarz on October 15, 2026 at 1:38 p.m. CEST. In a report released on October 15, 2026, Bernstein maintained a Buy rating on Tripadvisor and set a USD 20.00 price target, as reported by The Globe and Mail.

Second-quarter revenue reached USD 441.9 million

Tripadvisor reported USD 441.9 million in continuing-operations revenue for the second quarter of 2026, alongside USD 76 million in adjusted EBITDA. The figures came from the company's earnings call transcript published by Benzinga.

The operating split explains the tension behind the rating. Experiences revenue grew 3 percent in the second quarter, while Hotels and Other revenue fell 21 percent to USD 163 million. Experiences adjusted EBITDA was USD 31 million, equal to an 11 percent margin, down 290 basis points year over year.

What does the sale mean for cash?

Tripadvisor said on its August 6, 2026 earnings call that its proposed sale of TheFork to American Express was valued at USD 700 million. Management expected about USD 680 million of net proceeds before year-end, while USD 110 million remained under the share-repurchase program. The same call said operating cash flow reached USD 141 million in the second quarter.

Three dated steps in the Tripadvisor story

On August 2, 2026, Tripadvisor signed the definitive agreement for the USD 700 million TheFork sale. On August 6, 2026, it reported USD 441.9 million in second-quarter continuing-operations revenue and USD 76 million in adjusted EBITDA. On October 15, 2026, Bernstein maintained its Buy rating and set a USD 20.00 target, according to The Globe and Mail.

Next reporting date is November 9

The next scheduled reporting date shown for Tripadvisor is November 9, 2026, when the company is expected to report third-quarter results, according to The Wall Street Journal.

Tripadvisor stock stays tied to execution

The current setup combines a USD 700 million asset sale with a weaker Hotels and Other segment and an Experiences business that still delivered 3 percent revenue growth in the second quarter. Bernstein's USD 20.00 target therefore places the emphasis on execution, cash allocation and the planned shift toward experiences.

Tripadvisor stock was trading at EUR 7.90 at Lang & Schwarz on October 15, 2026 at 1:38 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Tripadvisor stock.