Analysts expect Trip.com to report Q2 revenue of $2.29 billion and EPS of $0.84, while the stock currently trades at $46.11 against an average analyst price target of $60.50.

The primary focus for investors is the sustained recovery of China’s outbound travel sector and the resulting growth in international booking momentum.

While global demand remains robust, analysts are cautious about potential margin compression stemming from rising marketing expenses and the ongoing impact of a domestic anti-monopoly investigation. Management’s guidance for the remainder of 2026 will be crucial in determining if strong international sales can offset a projected deceleration in domestic growth.