JPMorgan cuts target for Trip.com stock to USD 62.00

Published on 10/07/2026 at 02:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Quarterly revenue rose 6.00 percent to RMB 15.70 billion in the second quarter. Trip.com stock stood at EUR 33.90 on October 5, 2026.

Trip.com, KYG9066F1019, Illustration mit AI erstellt.

JPMorgan cut its target for Trip.com stock from USD 72.00 to USD 62.00 while keeping an overweight rating, according to MarketBeat on September 17, 2026. The change puts the analyst debate against a second-quarter result shaped by strong international growth and a large regulatory charge.

JPMorgan lowers its target

MarketBeat also reported on September 17, 2026 that Nomura cut its target from USD 51.00 to USD 44.00 with a neutral rating, while Mizuho reduced its target from USD 65.00 to USD 60.00 with an outperform rating. The same report placed the average 12-month target at USD 60.45 across 14 analysts, including eight buys, one strong buy, three holds and two sells.

The USD 62.00 JPMorgan target is 62.10 percent above the USD 38.26 primary-market reference price supplied for October 6, 2026. That comparison uses the same currency, while the German reference close is stated separately in euros.

Revenue grows despite the charge

In its second-quarter and first-half 2026 release dated September 15, 2026, Trip.com Group reported RMB 15.70 billion of total revenue, up 6.00 percent from the second quarter of 2025. International platform revenue increased more than 50.00 percent year over year, and corporate travel revenue rose 11.00 percent to RMB 771.00 million.

The headline risk was profitability. Trip.com recorded a RMB 2.40 billion net loss in the second quarter, compared with RMB 4.90 billion of net income a year earlier, after a RMB 5.20 billion anti-monopoly penalty. Adjusted EBITDA was RMB 4.60 billion, down from RMB 4.90 billion in the same period.

Stock stays near its yearly low

Trip.com Group is listed on Nasdaq under TCOM and also trades on HKEX under 9961. The primary-market quote was USD 38.26 at October 6, 2026, against a 52-week range of USD 38.01 to USD 78.99 and a market capitalization of USD 24.9 billion.

The prior close at Lang & Schwarz was EUR 33.90 on October 5, 2026. The combination of target reductions and a regulatory charge leaves international growth as the clearest operating counterweight in the current investment case. The further course of trading is shown by the continuously updated real-time quote of Trip.com stock.