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

Despegar.com, Corp. (NYSE:DESP) – B. Riley reduced their Q2 2025 EPS estimates for shares of Despegar.com in a note issued to investors on Friday, January 17th. B. Riley analyst N. Khan now expects that the company will earn $0.26 per share for the quarter, down from their prior estimate 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.

DESP has been the topic of a number of other reports. TD Cowen raised shares of Despegar.com from a “sell” rating to a “hold” rating in a report on Tuesday, December 24th. Morgan Stanley upped their target price on shares of Despegar.com from $17.00 to $21.00 and gave the company an “overweight” rating in a report on Friday, November 29th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $17.20.

Despegar.com Stock Up 0.2 %

Shares of DESP stock opened at $19.21 on Monday. The firm’s 50-day moving average is $17.86 and its 200-day moving average is $14.48. Despegar.com has a 52-week low of $8.06 and a 52-week high of $19.55.

Institutional Investors Weigh In On Despegar.com

Hedge funds have recently bought and sold shares of the stock. Rhumbline Advisers bought a new position in shares of Despegar.com during the second quarter worth approximately $1,159,000. Amalgamated Bank bought a new position in shares of Despegar.com during the second quarter worth approximately $28,000. Hsbc Holdings PLC bought a new position in shares of Despegar.com during the second quarter worth approximately $1,102,000. MQS Management LLC bought a new position in shares of Despegar.com during the second quarter worth approximately $136,000. Finally, Yarra Square Partners LP increased its holdings in shares of Despegar.com by 15.2% during the second quarter. Yarra Square Partners LP now owns 443,400 shares of the company’s stock worth $5,866,000 after purchasing an additional 58,400 shares during the period. 67.93% of the stock is currently owned by institutional investors and hedge funds.

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.