China Renaissance Moves Trip.com (TCOM) to Hold

On July 2, 2026, China Renaissance downgraded Trip.com Group Limited (NASDAQ:TCOM) to Hold from Buy with a $42 terms target.

On June 29, BofA lowered the firm's terms people connected Trip.com to $64 from $78 and kept a Buy standing connected the shares. BofA said that contempt a "modest" Q1 beat, results disappointed owed to the deficiency of solution connected the antitrust probe and a weaker-than-expected Q2 outlook. On June 25, Benchmark expert Fawne Jiang lowered the firm's terms people connected Trip.com to $65 from $72 and kept a Buy standing connected the shares. Jiang said that contempt "another 4th of coagulated operating execution," management's softer-than-expected Q2 guidance reset near-term maturation expectations.

Also connected June 25, Trip.com reported Q1 EPS of RMB5.73, compared with statement of RMB6.15, and gross of RMB16.2B, compared with statement of RMB15.85B. Executive Chairman James Liang said inbound question continues to "gain momentum," creating opportunities crossed the question worth chain. CEO Jane Sun said the question marketplace remained resilient successful Q1 of 2026, supported by continued maturation successful planetary question request and rising involvement successful much personalized question experiences.

Trip.com Group Limited (NASDAQ:TCOM) operates arsenic a question work supplier for accommodation reservation, proscription ticketing, packaged tours, in-destination, firm question management, and different travel-related services successful China and internationally.

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