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NYSE: DESP
Despegarcom Corp Stock Forecast, Predictions & Price Target

Analyst price target for DESP

Based on 2 analysts offering 12 month price targets for Despegarcom Corp.
Min Forecast
$11.00+51.72%
Avg Forecast
$12.00+65.52%
Max Forecast
$13.00+79.31%

Should I buy or sell DESP stock?

Based on 2 analysts offering ratings for Despegarcom Corp.
Strong Buy
Strong Buy
2 analysts 100%
Buy
0 analysts 0%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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DESP stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
B. Riley Securities
Top 15%
86
Strong BuyMaintains$11.00+51.72%2023-08-18Find out why
Morgan Stanley
Top 4%
97
Strong BuyAssumes$13.00+79.31%2023-08-11Find out why

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Forecast return on equity

Is DESP forecast to generate an efficient return?
Company
-6.67%
Industry
-193.79%
Market
48.83%
DESP's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is DESP forecast to generate an efficient return on assets?
Company
0.77%
Industry
11.62%
DESP is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

DESP revenue growth forecast

How is DESP forecast to perform vs Travel Services companies and vs the US market?
Company
8.43%
Industry
4.03%
Market
11.74%
DESP's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
DESP's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

DESP vs Travel Stocks

TickerPricePrice TargetUp/downsideConsensus
DESP$7.25$12.00+65.52%Strong Buy
LIND$7.07$18.00+154.60%Strong Buy
MOND$3.57$10.50+194.12%Strong Buy
TOUR$1.18N/AN/A
YTRA$2.23$4.00+79.37%Buy

Despegarcom Stock Forecast FAQ

Is Despegarcom Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NYSE: DESP) stock is to Strong Buy DESP stock.

Out of 2 analysts, 2 (100%) are recommending DESP as a Strong Buy, 0 (0%) are recommending DESP as a Buy, 0 (0%) are recommending DESP as a Hold, 0 (0%) are recommending DESP as a Sell, and 0 (0%) are recommending DESP as a Strong Sell.

If you're new to stock investing, here's how to buy Despegarcom stock.

What is DESP's forecast return on equity (ROE) for 2023-2024?

(NYSE: DESP) forecast ROE is -6.67%, which is considered weak.

What is DESP's Price Target?

According to 2 Wall Street analysts that have issued a 1 year DESP price target, the average DESP price target is $12.00, with the highest DESP stock price forecast at $13.00 and the lowest DESP stock price forecast at $11.00.

On average, Wall Street analysts predict that Despegarcom's share price could reach $12.00 by Aug 18, 2024. The average Despegarcom stock price prediction forecasts a potential upside of 65.52% from the current DESP share price of $7.25.

What is DESP's forecast return on assets (ROA) for 2023-2024?

(NYSE: DESP) forecast ROA is 0.77%, which is lower than the forecast US Travel Services industry average of 11.62%.
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