On July 28, Expedia rose 5.01% in regular trading, trading at $292.47/share, with turnover of $94.46 million. The stock was driven higher by a wave of Wall Street price target upgrades and broad-based strength across the travel sector.

Multiple institutions have recently raised their targets on Expedia: Goldman Sachs lifted its target to $330 maintaining a Buy rating, Jefferies raised to $310 with a Buy rating, Argus Research increased to $315, and Baird adjusted to $294 maintaining an Outperform rating. The consensus mean price target currently stands at approximately $287.

The broader travel sector rallied in tandem, with Booking Holdings up 5.32%, Royal Caribbean Cruises up 5.37%, Carnival up 4.04%, and Airbnb up 2.91%. Expedia's next earnings report is scheduled for August 5, with consensus EPS estimated at $4.77. The approaching earnings date may be further boosting buying sentiment, particularly after the company's Q1 results significantly beat expectations with adjusted EPS of $1.96 versus the $1.38 estimate.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)