Trip.com stock gains 14.29 percent after a Q2 loss

Published on 09/29/2026 at 22:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Trip.com stock posted RMB 15.7 billion in Q2 2026 revenue, up 6 percent year over year, while a RMB 5.2 billion penalty drove a loss. JPMorgan cut its target to USD 62.00.

Trip.com, KYG8569A1067, Illustration mit AI erstellt.

Trip.com (ISIN KYG8569A1067) was trading at EUR 0.08 in after-hours trading at Lang & Schwarz on September 29, 2026 at 10:08 p.m. CEST, up 14.29 percent from the prior close of EUR 0.07 on September 28, 2026. The move followed Trip.com Group's Q2 2026 report, which combined 6 percent revenue growth with a large regulatory charge.

Revenue grew as profit fell

According to Trip.com Group on September 15, 2026, total net revenue reached RMB 15.7 billion in Q2 2026, up 6 percent from the year-earlier quarter. The same release reported a net loss of RMB 2.4 billion, compared with net income of RMB 4.9 billion in Q2 2025.

The central pressure point was a RMB 5.2 billion anti-monopoly penalty from China's State Administration for Market Regulation. Excluding the penalty and other specified adjustments, non-GAAP net income attributable to shareholders was RMB 4.8 billion, compared with RMB 5.0 billion a year earlier, showing that the underlying result remained profitable even as GAAP earnings turned negative.

International growth meets uneven segments

Trip.com Group reported accommodation revenue of RMB 6.6 billion, up 6 percent year over year, while packaged-tour revenue rose 8 percent to RMB 1.2 billion. Corporate travel revenue increased 11 percent to RMB 771 million, but transportation ticketing revenue fell 1 percent to RMB 5.4 billion.

The international platform delivered the strongest operating signal, with revenue increasing by more than 50 percent year over year in Q2 2026. That contrast matters: international expansion and corporate travel supported growth, while transportation demand and the regulatory charge weighed on reported profitability.

JPMorgan lowers its target

According to MarketBeat on September 17, 2026, JPMorgan cut its Trip.com price target from USD 72.00 to USD 62.00 while retaining an Overweight rating. MarketBeat also reported a Moderate Buy consensus and an average target of USD 61.09, placing the analyst debate around recovery quality rather than revenue growth alone.

Trip.com stock rises in after-hours trading

Trip.com stock was trading at EUR 0.08 at Lang & Schwarz on September 29, 2026 at 10:08 p.m. CEST, up 14.29 percent versus the EUR 0.07 prior close on September 28, 2026. The quote sits above the session reference while the latest results leave investors weighing international growth against regulatory and transportation risks.