Expedia Group (EXPE) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- $5.76
- Estimate
- $5.25
- Surprise
- +9.7%
- Revenue (period 2026-06-30)
- $4.32B
- Score at report (before → after)
- 6.1 → 6.2/10
Revenue source: xbrl.
How the report landed
Expedia Group (EXPE) beat the $5.25 estimate with diluted EPS of $5.76 — a clear 9.7% upside surprise. TrendMatrix's engine moved from Buy (Wait) (6.1/10) to Sell at 6.2/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates EXPE Sell at 6.3/10.
4 of the last 4 quarters beat the estimate; this quarter's +9.7% surprise compares with a +18.3% four-quarter average. Next scheduled report: 2026-11-05.
What supports the rating
- V7 quality resilience bonus: +0.2 (Q=7.2 in RISK_OFF)
- Strong earnings beat streak (4/4)
What argues against it
- Concentration risk — Product: merchant model revenue (70.0%)
- Concentration risk — Supplier: Amazon Web Services (AWS)
- Thin upside margin: 4.1%
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $300.21
- Price target
- $312.62
- Stop
- $286.84
- Upside to target
- +4.1%
- Reward-to-risk
- 0.5:1
The stock trades at 19.4× trailing but 12.4× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-09-04 — shown for context, not personalized investment advice.
EXPE at TrendMatrix's latest read
Cyclical consumer names live and die on demand momentum — same-quarter comps and guidance carry more weight than the headline surprise.
- Industry
- Travel Services
- Market cap
- $36.38B
- P/E (fwd)
- 12.4
- P/E (ttm)
- 19.4
- 52-week range
- $185.34–$342.00
- Off 52-week high
- 12.2%
- RSI (14)
- 41
- Volume vs avg
- 0.58×
- Score today
- 6.3/10