Expedia Group jumps on strong Q2 earnings and raises full-year revenue forecast

Expedia Group reported strong Q2 2026 results with revenue up 14% to $4.32 billion and adjusted EBITDA rising 23% to $1.10 billion. Earnings per share beat estimates at $5.76. Following this performance, the company raised its full-year revenue outlook to between $16.05 billion and $16.22 billion. Despite the positive results, analyst Piper Sandler maintained a Neutral rating but increased the price target to $325 from $245, reflecting confidence in future growth.