Impact to our thesis Financial results versus consensus Direction of next 12-month June 25, 2026 09:44 AM GMT Trip.com Group Ltd | Asia Pacific 1Q26 Results: Bottom Setting in 2Q? | What's Changed | | | | --- | --- | --- | | Trip.com Group Ltd (TCOM.O) | From | To | | Price Target | US$70.00 | US$60.00 | Reaction to earnings Weakens our thesis Modest upside Meaningful revision lower consensus EPS Source: Company data, Morgan Stanley Research The company lowered 2Q guidance, but this is backward-looking give ...