Trip.com Group (NASDAQ:TCOM) Shares Gap Down – Here’s What Happened

Trip.com Group Limited Sponsored ADR (NASDAQ:TCOM)’s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $75.68, but opened at $63.03. Trip.com Group shares last traded at $64.17, with a volume of 13,614,373 shares traded.

Trip.com Group News Roundup

Here are the key news stories impacting Trip.com Group this week:

• Positive Sentiment: Analyst bullish view — A Seeking Alpha piece argues the SAMR antitrust probe is an overhang that has caused a disproportionate share‑price drop; historically China’s actions often result in fines rather than lasting business disruption, and Trip.com still shows double‑digit growth, strong cash generation and reasonable 2026 P/E even under conservative scenarios. Trip.com: Antitrust Overhang Creates An Attractive Entry Point
• Positive Sentiment: Technicals & earnings momentum — Zacks highlights that TCOM has been materially oversold and that analysts are revising earnings estimates higher, suggesting potential for a trend reversal if selling pressure eases. Down 12.6% in 4 Weeks, Here’s Why Trip.com (TCOM) Looks Ripe for a Turnaround
• Positive Sentiment: Industry tailwinds — Coverage noting strength in leisure and travel demand (concerts, cruises, outbound travel) supports a cyclical rebound for online travel platforms like Trip.com. Leisure Industry Shows Strength: 3 Stocks Set to Ride the Upswing
• Neutral Sentiment: Recent performance context — Some coverage notes Trip.com’s solid six‑month performance (up ~22%), a mixed signal that momentum existed before the regulatory shock and could influence recovery dynamics. Trip.com (TCOM) Has Gained More Than 22% Over the Past 6 Months
• Neutral Sentiment: Valuation review — Analysts and media are re‑checking valuation after the probe; several notes suggest the pullback brings the stock to more attractive multiples if regulatory impact is limited. Trip.com Group (TCOM) Valuation Check After New Antitrust Investigation In China
• Negative Sentiment: Antitrust probe and market reaction — Reports say China’s State Administration for Market Regulation opened an anti‑monopoly investigation into Trip.com, prompting a sharp selloff (shares plunged in Hong Kong and global listings saw heavy declines). This is the primary near‑term driver of volatility and downward pressure. Trip.com shares tumble after China launches antitrust probe into travel giant
• Negative Sentiment: Multiple securities‑investigation notices — Several law firms (Rosen, Schall, Kehoe, Glancy Prongay & Murray, others) have announced investigations or encouraged shareholder inquiries, increasing legal risk and potential for class‑action pressure on the stock and management. TCOM Investor News: Rosen Law Firm Encourages Trip.com Group Limited Investors to Inquire About Securities Class Action Investigation – TCOM

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Bank of America boosted their price target on shares of Trip.com Group from $83.00 to $85.00 and gave the company a “buy” rating in a report on Thursday, November 20th. Zacks Research raised shares of Trip.com Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, December 3rd. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Trip.com Group in a report on Monday, December 29th. Barclays increased their target price on Trip.com Group from $85.00 to $90.00 and gave the stock an “overweight” rating in a report on Wednesday, November 19th. Finally, Benchmark raised their target price on Trip.com Group from $80.00 to $82.00 and gave the stock a “buy” rating in a research report on Tuesday, November 18th. One investment analyst has rated the stock with a Strong Buy rating and nine have issued a Buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $81.25.

Trip.com Group Price Performance

The stock has a fifty day moving average of $71.86 and a two-hundred day moving average of $69.37. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 0.06. The stock has a market capitalization of $40.35 billion, a price-to-earnings ratio of 9.88, a PEG ratio of 2.09 and a beta of -0.13.

Institutional Investors Weigh In On Trip.com Group

Hedge funds have recently added to or reduced their stakes in the stock. Capital World Investors raised its stake in shares of Trip.com Group by 5.3% in the third quarter. Capital World Investors now owns 37,884,726 shares of the company’s stock worth $2,849,066,000 after acquiring an additional 1,912,238 shares during the last quarter. Sanders Capital LLC grew its stake in shares of Trip.com Group by 7.2% during the third quarter. Sanders Capital LLC now owns 9,868,196 shares of the company’s stock valued at $742,088,000 after purchasing an additional 662,230 shares during the last quarter. Capital International Investors increased its holdings in shares of Trip.com Group by 0.6% in the third quarter. Capital International Investors now owns 6,379,206 shares of the company’s stock valued at $479,742,000 after purchasing an additional 37,916 shares in the last quarter. ARGA Investment Management LP raised its position in Trip.com Group by 41.2% in the 2nd quarter. ARGA Investment Management LP now owns 6,044,104 shares of the company’s stock worth $354,426,000 after purchasing an additional 1,763,562 shares during the last quarter. Finally, Davis Selected Advisers lifted its holdings in Trip.com Group by 1.8% during the 2nd quarter. Davis Selected Advisers now owns 4,949,468 shares of the company’s stock worth $290,237,000 after buying an additional 86,471 shares in the last quarter. Institutional investors own 35.41% of the company’s stock.

Trip.com Group Company Profile

Trip.com Group (NASDAQ: TCOM) is a China-based online travel services company that provides a broad range of consumer and business travel products. The company operates consumer-facing travel platforms and mobile apps that enable users to search, book and manage hotel reservations, airline tickets, packaged tours, rail travel, car rentals, airport transfers and local activities. It also offers corporate travel management and B2B solutions that support travel suppliers and downstream distribution partners.

Headquartered in Shanghai, Trip.com Group serves customers across China and increasingly in international markets through a portfolio of brands and global distribution channels.