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<Research>Nomura Keeps Rating at Neutral on TRIP.COM-S (09961.HK) as Limited Positive Surprise Expected
Nomura released a research report believing that TRIP.COM-S (09961.HK)(TCOM.US) has limited positive surprises, due to high base effect and substantial overseas expenditure. Theref...
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<Research>Nomura Keeps Rating at Neutral on TRIP.COM-S (09961.HK) as Limited Positive Surprise Expected
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Nomura released a research report believing that TRIP.COM-S (09961.HK)  +4.200 (+0.866%)    Short selling $312.12M; Ratio 26.066%   (TCOM.US)      has limited positive surprises, due to high base effect and substantial overseas expenditure. Therefore, the broker kept rating at Neutral, and raised its target price for Trip.com Group (TCOM.US)      from US$57 to US$67.

TRIP.COM-S' 1Q25 revenue grew by 16% YoY, in line with market consensus, according to the report. Non-GAAP net profit increased by 3% YoY, 9%/ 4% ahead of the estimations of the market/ Nomura each, mainly due to reduced marketing expenses.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-22 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

Related NewsHSBC Research: Trip.com (TCOM.US) Growth Stable; TP Hiked to USD78, Rating Buy

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