Expedia Group, Inc. logo EXPE - Expedia Group, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 36
HOLD 38
SELL 2
STRONG
SELL
0
| PRICE TARGET: $336.24 DETAILS
HIGH: $430.00
LOW: $235.00
MEDIAN: $325.00
CONSENSUS: $336.24
UPSIDE: 18.41%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Platform & Compounding FCF 85% confidence

Primary model: Two-stage FCF DCF

Valuation Signal Undervalued Strong
Trading 50.8% below fair value
Current Price $283.97
Bear Case $412.65 45.3% upside ($412.65 - $283.97) / $283.97 = 45.3% 7% stage 1 growth, 12% discount
Fair Value $577.74 103.5% upside ($577.74 - $283.97) / $283.97 = 103.5% 12% stage 1 growth, 12% discount
Bull Case $746.54 162.9% upside ($746.54 - $283.97) / $283.97 = 162.9% 15% stage 1 growth, 12% discount

Adjust Assumptions

11.8%
12.0%
3.0%

Key Value Driver

FCF growth rate (12% base case)

Terminal Value % of EV 36%
Implied Market Multiple 10.4x
Market is pricing in (growth) 1.7% vs our 11.8% base

Plain-Language Summary

Using a two-stage FCF DCF with 12% growth decelerating over 15 years, discounted at 12%, the base-case intrinsic value is $577.74 per share.

Analyst Consensus (External Reference)

Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.

Average Target (76 analysts) $336.24
Analyst Range $235.00 – $430.00
Divergence from AlphaVal 72%

Warnings

⚠ Stock-based employee pay equals 31% of profits. This dilutes existing shareholders, so cash flow alone overstates what owners really earn.
ℹ Wall Street's average price target is $336.24 (from 76 analysts). Our estimate is 72% above the consensus -- consider that gap carefully.

Key Risks

  • P/E alone misleads — earnings depressed by growth investment
  • Cyclical or commodity businesses may be misclassified as platforms
  • Terminal value dominance suggests sensitivity to long-run assumptions