WallStSmart
EXPE

Expedia Group Inc.

NASDAQ: EXPE · CONSUMER CYCLICAL · TRAVEL SERVICES

$250.57
+3.47% today

Updated 2026-04-29

Market cap
$30.70B
P/E ratio
25.52
P/S ratio
2.08x
EPS (TTM)
$9.82
Dividend yield
0.66%
52W range
$147 – $303
Volume
2.3M

Expedia Group Inc. (EXPE) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$250.57
Consensus
$276.00
+10.15%
2030 Target
$2,095.29
+736.21%
DCF
$222.35
-5.06% MoS
29 analysts:
10 Buy19 Hold0 Sell

Management guidance

No specific CEO revenue targets found in available materials. Management has emphasized AI-powered product enhancements, supply expansion, and disciplined capital allocation. Recent 12% YoY total bookings growth and strong free cash flow generation support continued momentum, but no quantified revenue guidance through 2030 was disclosed.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$3,492.15
$21.6B Rev × 20x P/S
Base case (2030)
$2,095.29
$21.6B Rev × 12x P/S
Bear case (2030)
$1,396.86
$21.6B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$12.8B$13.7B$14.7B$16.3B$17.4B$18.7B$20.1B$21.6B
Revenue growth6.6%7.6%10.4%7.0%7.5%7.5%7.5%
EPS$9.82$12.24$16.06$19.63$22.98$26.50$30.25$34.50
P/S ratio12.0x12.0x12.0x12.0x12.0x
Implied price$1,577.10$1,689.75$1,802.40$1,937.58$2,095.29

Catalysts & risks

Growth catalysts
+ AI-powered personalization and dynamic pricing driving higher conversion rates and average booking values
+ International expansion and supply growth in underpenetrated markets (12% bookings growth momentum)
+ Share repurchase program and dividend reinstatement improving per-share metrics
+ OpenAI stepping back from direct booking reduces AI disintermediation risk for OTAs
+ Sports tourism demand forecasting partnership with PredictHQ opening new vertical
Key risks
- AI-powered travel agents and direct booking models could disrupt OTA margin structure
- Regulatory scrutiny on pricing practices and AI transparency from US Congress and EU
- Geopolitical instability (Middle East conflict) reducing discretionary travel demand
- Economic slowdown dampening consumer travel spending and booking velocity
- Competitive pressure from Booking Holdings and emerging travel platforms
- Margin compression from increased AI/tech investments offsetting revenue growth

Methodology

Expedia Group Inc.'s forward estimates are derived from AI-powered research synthesis combining analyst consensus from 29 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.