Trip.com stock gained 1.84 percent after Q2 revenue grew 6 percent

Published on 10/06/2026 at 12:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Trip.com stock drew a Moderate Buy consensus from 14 analysts on October 3, 2026. Q2 revenue rose 6 percent to RMB 15.7 billion, while an RMB 5.2 billion penalty drove a net loss.

Trip.com, KYG9066F1019, Illustration mit AI erstellt.

Trip.com stock (ISIN KYG9066F1019) was last at USD 38.79 on Nasdaq on October 5, 2026 at 4:00 p.m. ET, up 1.84 percent from the prior session. The move followed a second-quarter report showing revenue growth alongside a large regulatory charge, leaving the earnings picture sharply divided.

Q2 revenue grows 6 percent

According to Trip.com Group on September 15, 2026, second-quarter 2026 total net revenue reached RMB 15.7 billion, up 6 percent from the same quarter of 2025. Revenue declined 3 percent from the first quarter, showing that year-over-year expansion came with sequential pressure from energy prices, geopolitical volatility and operating adjustments.

International platform revenue increased by more than 50 percent year over year in Q2 2026, while corporate travel revenue rose 11 percent to RMB 771 million. Transportation ticketing revenue moved in the opposite direction, falling 1 percent year over year to RMB 5.4 billion and 12 percent from the previous quarter.

Penalty reshapes quarterly earnings

The headline earnings number was weakened by an RMB 5.2 billion anti-monopoly penalty from China's State Administration for Market Regulation. Trip.com Group reported a net loss of RMB 2.4 billion for Q2 2026, compared with net income of RMB 4.9 billion in the same quarter of 2025.

On an adjusted basis, non-GAAP net income attributable to shareholders was RMB 4.8 billion, down from RMB 5.0 billion a year earlier but up from RMB 3.9 billion in the first quarter. Adjusted diluted earnings per ADS were RMB 7.27, compared with RMB 7.20 in Q2 2025, separating underlying operating performance from the one-time charge.

Consensus target stays above price

MarketBeat reported on October 3, 2026, that 14 analysts held a Moderate Buy consensus, with eight Buy ratings, one Strong Buy, three Holds and two Sells. The average 12-month price target was USD 60.45, placing it 55.8 percent above the USD 38.79 Nasdaq price.

The same analyst review showed recent target cuts, including JPMorgan's reduction from USD 72.00 to USD 62.00 on September 17, 2026, while TD Cowen raised its rating to Strong Buy on September 14, 2026. That split points to a central investor question: whether international growth can offset regulatory costs and softer sequential transportation demand.

Trip.com stock gains on October 5

Trip.com stock was last at USD 38.79 on Nasdaq on October 5, 2026 at 4:00 p.m. ET. The session range was USD 38.17 to USD 38.84, while the 52-week range was USD 38.01 to USD 78.99 and volume reached 3,107,496 shares.