Starboard Delivers Letter to Tripadvisor
TripAdvisor, Inc. (TRIP)
Last tripadvisor, inc. earnings: 2/12 04:02 pm
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US:NASDAQ Investor Relations:
ir.tripadvisor.com/investor-relations
Company Research
Source: Business Wire
Highlights the Company’s Prolonged Underperformance and Failure to Take Decisive Action to Create Shareholder ValueBelieves a Reconstituted Board is Required to Instill Sense of Urgency, Improve Operational Execution, and Execute on Value Creation OpportunitiesBelieves Tripadvisor Should Explore a Sale of the Company, in One or Multiple TransactionsAnnounces Intent to Nominate Majority Slate of Director Candidates for Election at the Company’s 2026 Annual Meeting NEW YORK--(BUSINESS WIRE)--Starboard Value LP (together with its affiliates, “Starboard”), a significant stockholder of Tripadvisor, Inc. (“Tripadvisor” or the “Company”) (NASDAQ: TRIP), today announced that it has delivered a letter to Greg Maffei, Tripadvisor’s Chairman of the Board of Directors, Matt Goldberg, the Company’s Chief Executive Officer, and the Board of Directors, with a copy to Mike Noonan, the Company’s Chief Financial Officer.The full text of Starboard's letter to the Company can be viewed here.About Star
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TRIP
News
- TripAdvisor (NASDAQ:TRIP) had its price target lowered by analysts at B. Riley Financial, Inc. from $18.00 to $13.00. They now have a "neutral" rating on the stock.MarketBeat
- TripAdvisor (NASDAQ:TRIP) had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $25.00 to $22.00. They now have a "buy" rating on the stock.MarketBeat
- TripAdvisor (NASDAQ:TRIP) was given a new $11.00 price target on by analysts at DA Davidson.MarketBeat
- Tripadvisor Issues Statement on Engagement with Starboard ValuePR Newswire
- Wedbush Lowers its Price Target on Tripadvisor, Inc. (TRIP) to $15 and Maintains a Neutral Rating [Yahoo! Finance]Yahoo! Finance
TRIP
Earnings
- 2/12/26 - Beat
TRIP
Sec Filings
- 2/18/26 - Form 8-K
- 2/17/26 - Form SCHEDULE
- 2/17/26 - Form DFAN14A
- TRIP's page on the SEC website