Trip.com stock stays near its 52-week low as Q2 profit absorbs penalty

Published on 10/08/2026 at 08:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Trip.com stock was last at USD 38.09 on October 7, 2026, near its 52-week low. Q2 revenue rose 6 percent, while a penalty drove a net loss.

Trip.com, KYG9066F1019, Illustration mit AI erstellt.

Trip.com (ISIN KYG9066F1019) stock was last at USD 38.09 on Nasdaq on October 7, 2026, only 0.26 percent above its 52-week low of USD 37.99. The company's second-quarter results showed 6 percent revenue growth, but a RMB 5.2 billion anti-monopoly penalty pushed reported profit into negative territory.

Revenue rose to RMB 15.7 billion

Trip.com Group reported on September 15, 2026, that second-quarter total net revenue reached RMB 15.7 billion, up 6 percent from the same period in 2025. Revenue fell 3 percent from the first quarter, with the company citing elevated energy prices, geopolitical volatility and operational adjustments linked to evolving industry standards.

The operating mix was uneven. Accommodation reservation revenue increased 6 percent year over year to RMB 6.6 billion, packaged-tour revenue rose 8 percent to RMB 1.2 billion, and corporate travel revenue gained 11 percent to RMB 771 million. Transportation ticketing revenue declined 1 percent year over year to RMB 5.4 billion.

Penalty reshaped quarterly profit

The RMB 5.2 billion penalty from China's State Administration for Market Regulation lifted general and administrative expenses 477 percent year over year to RMB 6.3 billion. Trip.com said net income would have been RMB 2.7 billion without the penalty, compared with a reported net loss of RMB 2.4 billion for the quarter.

The adjusted figures present a different comparison. Non-GAAP net income attributable to shareholders was RMB 4.8 billion, versus RMB 5.0 billion in the second quarter of 2025, while non-GAAP diluted earnings per ADS reached RMB 7.27, up from RMB 7.20. International-platform revenue increased more than 50 percent year over year, giving the quarter a stronger growth component beyond the one-off charge.

Analysts see room above USD 38.09

MarketBeat reported on October 3, 2026, that 14 analysts held a Moderate Buy consensus, with eight Buy ratings, one Strong Buy, three Holds and two Sells. The average 12-month target was USD 60.45, which is 58.7 percent above the October 7 Nasdaq price of USD 38.09.

The market is therefore weighing two distinct signals: international revenue growth above 50 percent and a regulatory charge that erased reported quarterly profit. For Trip.com, the next earnings update will show whether the penalty remains the dominant earnings distortion or whether travel demand again becomes the main financial driver.

Trip.com stock stays near yearly low

Trip.com stock closed at USD 38.09 on Nasdaq on October 7, 2026, down 0.44 percent from USD 38.26, with volume of 2,040,000 shares. The 52-week range was USD 37.99 to USD 78.99, and market capitalization stood at USD 24.7 billion.