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

Despegar.com, Corp. (NYSE:DESP) – Equities research analysts at B. Riley cut their Q2 2025 earnings per share estimates for Despegar.com in a research note issued on Friday, January 17th. B. Riley analyst N. Khan now anticipates that the company will post earnings per share of $0.26 for the quarter, down from their previous forecast 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.

Other equities research analysts also recently issued reports about the company. TD Cowen raised Despegar.com from a “sell” rating to a “hold” rating in a research report on Tuesday, December 24th. Morgan Stanley lifted their price objective on 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 issued a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $17.20.

Despegar.com Stock Performance

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

Institutional Trading of Despegar.com

Institutional investors have recently bought and sold shares of the business. Sylebra Capital LLC boosted its stake in Despegar.com by 72.5% in the 2nd quarter. Sylebra Capital LLC now owns 2,923,275 shares of the company’s stock worth $38,675,000 after purchasing an additional 1,228,824 shares during the period. Itau Unibanco Holding S.A. lifted its position in Despegar.com by 107.0% during the 2nd quarter. Itau Unibanco Holding S.A. now owns 2,072,713 shares of the company’s stock worth $26,446,000 after buying an additional 1,071,213 shares in the last quarter. Coronation Fund Managers Ltd. bought a new stake in Despegar.com during the 2nd quarter worth about $13,936,000. TT International Asset Management LTD bought a new stake in Despegar.com during the 3rd quarter worth about $8,763,000. Finally, Woodson Capital Management LP lifted its position in Despegar.com by 78.4% during the 3rd quarter. Woodson Capital Management LP now owns 1,426,952 shares of the company’s stock worth $17,694,000 after buying an additional 626,952 shares in the last quarter. Institutional investors and hedge funds own 67.93% of the company’s stock.

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.