| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 81 | 216.6x | 17.3x | Top tier | |
Growth | 18 | 1.3% | 7.1% | Bottom tier | |
Quality | 75 | 2.3% | 4.5% | Top tier | |
Safety | 61 | 0.1x | 2.6x | Around median | |
Capital Return | 77 | 0.00% | 0.06% | Top tier | |
Momentum | 26 | -44.4% | -1.6% | Bottom tier | |
Sentiment | 58 | 9 | 3 | Around median |
The floor: what the company is worth if growth stopped today
10-year US Treasury yield 4.96% as of 2026-10-22. Estimates computed from company data and analyst targets, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Tripadvisor, Inc. operates a digital travel ecosystem whose strategy centers on building a global marketplace for travel experiences and activities. Its business model includes the Experiences segment, led by Viator and Tripadvisor points of sale, where revenue is generated from experience bookings; TheFork, which combines consumer restaurant reservations with restaurant-focused software and partnerships; and the Hotels & Other segment, which relies on paid hotel search and media advertising. The company also seeks to monetize a base of more than one billion reviews, photos, and points of interest through integrations and data-licensing arrangements with platforms such as OpenAI, Perplexity, Microsoft, Amazon, and Anthropic.
In fiscal Q2 2026, revenue totaled $441.9 million and gross profit reached $408.9 million, equivalent to a gross margin of approximately 92.5%, while net income was $22.4 million and earnings per share were $0.19. These figures represent a clear improvement from fiscal Q1 2026, when the company recorded revenue of $382.4 million, a net loss of $32.4 million, and negative earnings per share of $0.28. On a trailing-twelve-month basis, as reported in the latest EDGAR data, the company generated approximately $1.8 billion in revenue and $1.6 billion in gross profit, but net income was limited to $5 million.
Fiscal Q1 2026 details reveal substantial variation across the portfolio: Experiences delivered 8% revenue growth alongside an adjusted EBITDA loss of $19 million, while TheFork's revenue grew 23% to $57 million and its adjusted EBITDA margin reached 8%. By contrast, Hotels & Other revenue declined 20% to $158 million, but it remained the largest contributor to reported operating profitability, with an adjusted EBITDA margin of 23% and adjusted EBITDA of $37 million. The strategic transformation therefore depends on expanding Experiences and TheFork while reducing costs in the legacy hotel business and managing it to deliver a profitable cash contribution.
The average analyst price target is $13.58, with a wide range between $9 and $20 and a Neutral consensus. The average target is below the 52-week range high of $20.16 and above its low of $9.01. No meaningful P/E ratio is available, which is consistent with net income of only $5 million in the latest trailing-twelve-month period; the valuation therefore depends on Tripadvisor's ability to convert growth in Experiences and TheFork into sustainable profits and address the structural contraction in Hotels & Other. The breadth of the target range indicates that analysts fundamentally disagree about the speed of this transformation and the value of the assets within the portfolio.
Figures in the text are as of 2026-09-02; the live price is shown at the top of the page.
Tripadvisor generates revenue from experience bookings through Viator and Tripadvisor, from restaurant reservations, software, and partnerships through TheFork, and from paid hotel search and advertising through Hotels & Other. Management placed Experiences at the center of its strategy, aiming to build the world's largest marketplace for experiences. In fiscal Q1 2026, Experiences gross booking value was approximately $1.2 billion, up 13%, while TheFork revenue was approximately $57 million and Hotels & Other revenue was approximately $158 million. The hotel segment remains an important source of profitability, but it recorded a 20% revenue decline during the same period.
Tripadvisor recorded net income of $22.4 million and earnings per share of $0.19 in fiscal Q2 2026. This compares with a net loss of $32.4 million and negative earnings per share of $0.28 in fiscal Q1 2026. Fiscal Q2 revenue was approximately $441.9 million and gross profit was $408.9 million, equivalent to a gross margin of approximately 92.5%. However, net income in the latest trailing-twelve-month period was only $5 million, indicating that annual profitability remains limited.
Automated analysis for informational purposes only — not investment advice.
Experiences gross booking value grew 19% in January and February 2026, while growth at Viator exceeded 20% during those same two months. Following disruptions in the Middle East, severe flooding in Hawaii, and civil unrest in Mexico, segment booking growth slowed to the mid-single digits in March and cancellations increased. The segment ended fiscal Q1 2026 with 11% growth in booking volume and 13% growth in gross booking value to approximately $1.2 billion. Management estimated that these events reduced booking growth by approximately 3 percentage points and revenue growth by 4 percentage points.
The company uses AI to improve pre-booking search and conversations on Viator, accelerate the onboarding of experience suppliers, and automate approximately 40% of TheFork's consumer-facing customer-support inquiries. Management said on May 7, 2026 that AI-assisted onboarding more than doubled the operator onboarding completion rate, and that a recent internal experiment increased average engineering productivity by between fivefold and sevenfold. The company also has relationships with OpenAI, Perplexity, Microsoft, Amazon, and Anthropic, leveraging more than one billion reviews, photos, and points of interest. Although traffic from these platforms remained small, management described it as high-intent and among the highest-converting channels.
Cash and cash equivalents totaled approximately $1.1 billion as of March 31, 2026, after which the company repaid approximately $345 million of convertible notes on April 1, 2026. After excluding approximately $406 million of deferred merchant obligations and accounting for the note repayment, management estimated excess cash at approximately $369 million and total debt at approximately $838 million. On valuation, the average analyst target is $13.58 within a wide range of $9 to $20, alongside a Neutral consensus and a 52-week range of $9.01 to $20.16. No meaningful P/E ratio is available, with net income of only $5 million in the latest trailing-twelve-month period, making earnings and margin improvement the central valuation consideration.