What is B. Riley’s Estimate for Despegar.com Q2 Earnings?

Despegar.com, Corp. (NYSE:DESP) – B. Riley reduced their Q2 2025 earnings estimates for shares of Despegar.com in a research report issued to clients and investors on Friday, January 17th. B. Riley analyst N. Khan now expects that the company will post earnings of $0.26 per share for the quarter, down from their previous forecast of $0.27. The consensus estimate for Despegar.com’s current full-year earnings is $0.87 per share. B. Riley also issued estimates for Despegar.com’s FY2029 earnings at $2.68 EPS.

Other research analysts also recently issued research reports about the stock. Morgan Stanley lifted their price target on shares of Despegar.com from $17.00 to $21.00 and gave the stock an “overweight” rating in a research note on Friday, November 29th. TD Cowen upgraded shares of Despegar.com from a “sell” rating to a “hold” rating in a research note on Tuesday, December 24th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, Despegar.com has an average rating of “Moderate Buy” and an average target price of $17.20.

Despegar.com Trading Up 0.2 %

Shares of NYSE:DESP opened at $19.18 on Monday. Despegar.com has a 1 year low of $8.06 and a 1 year high of $19.55. The firm’s 50-day moving average is $17.78 and its two-hundred day moving average is $14.43.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Amalgamated Bank purchased a new stake in shares of Despegar.com in the second quarter valued at about $28,000. Quarry LP lifted its position in Despegar.com by 107.1% in the third quarter. Quarry LP now owns 2,769 shares of the company’s stock valued at $34,000 after purchasing an additional 1,432 shares during the period. Point72 Asset Management L.P. purchased a new stake in Despegar.com in the 3rd quarter valued at approximately $56,000. Sanctuary Advisors LLC acquired a new position in Despegar.com during the 2nd quarter worth approximately $128,000. Finally, MQS Management LLC purchased a new position in shares of Despegar.com during the 2nd quarter worth approximately $136,000. 67.93% of the stock is currently owned by hedge funds and other institutional investors.

Despegar.com Company Profile

Despegar.com, Corp., an online travel company, provides a range of travel and travel-related products to leisure and corporate travelers through its websites and mobile applications in Latin America and the United States. The company operates in two segments, Travel Business and Financial Services Business.