
NYSE:DESP
This summary was created by AI, based on 1 opinions in the last 12 months.
Despegar (DESP-N), a leading player in the travel industry, has garnered attention from analysts for its attractive positioning within the market, specifically catering to a younger demographic with disposable income who travel frequently. On May 15, 2025, it was highlighted as a 'Top Pick' with a remarkable 67% increase since that date. The stock was seen as an appealing investment opportunity as it was trading at only 60-70% of Booking Holdings' price-to-earnings ratio, making it attractive to investors. Shortly after the purchase, Despegar was acquired by another company, which created a profitable exit for the investor who sold at the right time. Given its growth potential and market dynamics, Despegar remains a noteworthy consideration in the travel sector.
Leading tech company in travel tech space. Part of US small cap portfolio. Has a relatively small weighting - so investors should be aware of risk in small cap companies. Able to generate high margins due to low capital requirements. Demand for travel continues to improve after pandemic. Trading 10x earnings, and 5x EBITDA. Geopolitical risk in Brazil, but overall a strong company. Will continue to own.
Despegar is a American stock, trading under the symbol DESP (previously DESP-N on Stockchase) on the New York Stock Exchange (DESP). It is usually referred to as NYSE:DESP or DESP
In the last year, 1 stock analyst issued a Buy, Sell, or Hold rating on DESP (previously DESP-N on Stockchase). 1 analyst recommended to BUY and 0 analysts recommended to SELL the stock. The latest stock analyst rating is TOP PICK. Read the latest stock experts' ratings for Despegar.
Despegar was recommended as a Top Pick by Gordon Reid on 2024-08-23. Read the latest stock experts ratings for Despegar.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Despegar.
Despegar is covered by Stockchase experts and is worth watching.
On 2025-05-14, Despegar (DESP) stock closed at a price of $19.50.
Their market is a younger demographic that travels more and has disposable income. It was trading 60-70% of Booking Holding in terms of PE, so was attractive and he bought it. Soon after, another company bought it. And he sold.