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

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Analyst price target for DESP

Based on 2 analysts offering 12 month price targets for Despegarcom Corp.
Min Forecast
$10.50+70.18%
Avg Forecast
$10.50+70.18%
Max Forecast
$10.50+70.18%

Should I buy or sell DESP stock?

Based on 3 analysts offering ratings for Despegarcom Corp.
Buy
Strong Buy
1 analysts 33.33%
Buy
1 analysts 33.33%
Hold
1 analysts 33.33%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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DESP stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Morgan Stanley
Bottom 4%
4
HoldMaintains$10.50+70.18%2022-08-23
Cowen & Co.
Bottom 29%
29
BuyMaintains$10.50+70.18%2022-06-23
Citigroup
Bottom 31%
31
Strong BuyUpgradesN/AN/A2022-01-25
Anonymous
KeyBanc
Strong BuyMaintains$20.00+224.15%2022-01-20

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Forecast return on equity

Is DESP forecast to generate an efficient return?
Company
-8.36%
Industry
87.89%
Market
108.79%
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
0.94%
Industry
13.66%
DESP is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

DESP earnings per share forecast

What is DESP's earnings per share in the next 3 years based on estimates from 1 analyst?
Avg 1 year Forecast
-$0.77
Avg 2 year Forecast
-$0.18
Avg 3 year Forecast
$0.09

DESP revenue forecast

What is DESP's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$546.9M+20.27%
Avg 2 year Forecast
$667.3M+46.73%
Avg 3 year Forecast
$698.7M+53.64%
DESP's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

DESP revenue growth forecast

How is DESP forecast to perform vs Travel Services companies and vs the US market?
Company
18.8%
Industry
28.92%
Market
8.22%
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$6.17$10.50+70.18%Buy
LIND$9.07$16.25+79.16%Buy
YTRA$2.27$4.03+77.67%Strong Buy
TOUR$0.59N/AN/A
TZOO$5.09$10.00+96.46%Buy

Despegarcom Stock Forecast FAQ

Is Despegarcom Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NYSE: DESP) stock is to Buy DESP stock.

Out of 3 analysts, 1 (33.33%) are recommending DESP as a Strong Buy, 1 (33.33%) are recommending DESP as a Buy, 1 (33.33%) 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 earnings growth forecast for 2022-2024?

(NYSE: DESP) Despegarcom's forecast annual earnings growth rate of N/A is not forecast to beat the US Travel Services industry's average forecast earnings growth rate of 46.81%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 18.27%.

Despegarcom's earnings in 2022 is -$81,465,000.On average, 1 Wall Street analyst forecast DESP's earnings for 2022 to be -$63,418,740, with the lowest DESP earnings forecast at -$63,418,740, and the highest DESP earnings forecast at -$63,418,740. On average, 1 Wall Street analyst forecast DESP's earnings for 2023 to be -$14,825,160, with the lowest DESP earnings forecast at -$14,825,160, and the highest DESP earnings forecast at -$14,825,160.

In 2024, DESP is forecast to generate $7,412,580 in earnings, with the lowest earnings forecast at $7,412,580 and the highest earnings forecast at $7,412,580.

What is DESP's revenue growth forecast for 2022-2024?

(NYSE: DESP) Despegarcom's forecast annual revenue growth rate of 18.8% is not forecast to beat the US Travel Services industry's average forecast revenue growth rate of 28.92%, and while it is forecast to beat the US market's average forecast revenue growth rate of 8.22%.

Despegarcom's revenue in 2022 is $454,759,000.On average, 2 Wall Street analysts forecast DESP's revenue for 2022 to be $45,045,919,212, with the lowest DESP revenue forecast at $44,389,246,986, and the highest DESP revenue forecast at $45,702,673,800. On average, 2 Wall Street analysts forecast DESP's revenue for 2023 to be $54,957,032,844, with the lowest DESP revenue forecast at $53,693,846,850, and the highest DESP revenue forecast at $56,220,301,200.

In 2024, DESP is forecast to generate $57,544,023,264 in revenue, with the lowest revenue forecast at $57,544,023,264 and the highest revenue forecast at $57,544,023,264.

What is DESP's forecast return on assets (ROA) for 2022-2024?

(NYSE: DESP) forecast ROA is 0.94%, which is lower than the forecast US Travel Services industry average of 13.66%.

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 $10.50, with the highest DESP stock price forecast at $10.50 and the lowest DESP stock price forecast at $10.50.

On average, Wall Street analysts predict that Despegarcom's share price could reach $10.50 by Aug 23, 2023. The average Despegarcom stock price prediction forecasts a potential upside of 70.18% from the current DESP share price of $6.17.

What is DESP's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: DESP) Despegarcom's current Earnings Per Share (EPS) is N/A. On average, analysts forecast that DESP's EPS will be -$0.77 for 2022, with the lowest EPS forecast at -$0.77, and the highest EPS forecast at -$0.77. On average, analysts forecast that DESP's EPS will be -$0.18 for 2023, with the lowest EPS forecast at -$0.18, and the highest EPS forecast at -$0.18. In 2024, DESP's EPS is forecast to hit $0.09 (min: $0.09, max: $0.09).

What is DESP's forecast return on equity (ROE) for 2022-2024?

(NYSE: DESP) forecast ROE is -8.36%, which is considered weak.
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