Trip.com downgraded to Neutral after mixed earnings; stock drops to 52-week low amid strong revenue but missed EPS.

Trip.com Group was downgraded by Macquarie to Neutral with a $44.30 price target after reporting mixed quarterly results. The company missed earnings per share estimates at $0.83 but posted strong revenue growth of 17% year-over-year, reaching $2.40 billion. Despite robust sales driven by resilient travel demand, the stock fell 12.55% to $40.49, hitting a 52-week low of $38.04, reflecting cautious investor sentiment. The downgrade signals a more guarded outlook despite the company’s positive revenue momentum and growing inbound travel demand.