TRIP - Tripadvisor, Inc.
Price:
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CONSENSUS:
Hold
DETAILS
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PRICE TARGET:
$13.58
DETAILS
HIGH:
$20.00
LOW:
$9.00
MEDIAN:
$13.75
CONSENSUS:
$13.58
UPSIDE:
34.26%
AlphaVal
Deterministic, archetype-aware fair value
Platform & Compounding FCF
85% confidence
Primary model: Two-stage FCF DCF
Adjust Assumptions
15.4%
11.0%
3.0%
Key Value Driver
FCF growth rate (15% base case)
Terminal Value % of EV
43%
Implied Market Multiple
10.1x
Market is pricing in (growth)
-0.4%
vs our 15.4% base
Plain-Language Summary
Using a two-stage FCF DCF with 15% growth decelerating over 15 years, discounted at 11%, the base-case intrinsic value is $36.46 per share.
Analyst Consensus (External Reference)
Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.
Average Target (56 analysts)
$13.58
Analyst Range
$9.00 – $20.00
Divergence from AlphaVal
168%
Warnings
Stock-based employee pay equals 270% of profits. This dilutes existing shareholders, so cash flow alone overstates what owners really earn.
Wall Street's average price target is $13.58 (from 56 analysts). Our estimate is 168% 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