Expectations trend
FY2028 · fiscal year ending 2028-02-28 · fmp
NASDAQConsumer DiscretionaryTravel ServicesSnapshot 2026-11-05
The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.
Next-FY EPS estimate change · 30 days
Matching fiscal periods, usable estimates and at least one analyst are required.
One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.
The calculation requires same-period, same-provider snapshots, positive EPS, at least one analyst and a baseline within three days of the requested lookback.
The EPS and P/E reference is not available for NTRP yet.
| Measure / period | Management expectations | Analyst expectations |
|---|
Management figures unavailable.
Current consensus figures unavailable.
Three published thesis conditions, with dated milestones shown separately.
| Key Factor | Why It Matters | Current Status | Break Condition | Latest Evidence |
|---|---|---|---|---|
Manage capital allocation through strategic financing | A supporting condition in NEXTTRIP INC's published investment case. The stated target is Maintain strategic financing without excessive dilution. | Under Pressure | Excessive dilution or debt raises above manageable levels | Qualitative: $6.5M ATM + $3M debt vs no dilution target ATM offering up to $6.5M and $3M credit line executed. Q2 revenue fell 28% YoY; earnings missed by $0.11. Nov 5, 2026Last status assessment Nov 5, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Compare these dated observations with the operating requirements above
FY2028 · fiscal year ending 2028-02-28 · fmp
The evidence, the remaining questions, and what comes next
No recovery evidence is reported in the available driver assessments.
Next earnings date unavailable
Observed price history; separate from operating scenarios
The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.
This is a high-risk, loss-making growth story, not a proven compounder. The long-term thesis is in a watch state after weak recent performance and a fresh earnings miss.
NTRP trades at a sizeable premium to peers, based on the valuation evidence, so the market appears to expect durable growth. That expectation is difficult to support so far: consolidated revenue is limited, and recent financial performance is weak, though the evidence does not indicate that the full set of valuation and business risks is reflected in the market setup.
Near term, the earnings miss and a 25-point drop in company momentum add to concern, while the stated miss risk is elevated. Management has reported progress in JOURNY TV viewing and advertising and has advanced NextTrip Pro toward rollout, but second-quarter revenue fell about 28% year over year, leaving limited proof of commercial scale.
The next call is a key near-term test: a guidance cut would add to the existing pattern of weak results. Over the multi-year view, the thesis hinges on whether the media and travel platforms turn operating progress into stronger consolidated revenue; sector bellwethers’ results could also strengthen or weaken the current tailwind.
NTRP’s 1- to 3-year thesis depends on converting platform launches and engagement into durable revenue, while managing a weak operating record and a premium valuation. Current evidence supports caution about execution, not a settled conclusion. Not investment advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Operating income improves toward break-even |
| Management targets improving operating income, though it remains negative at about -$5.44M in 2026-Q4. |
| Broken |
| Operating income worsens beyond -$6M in 2026-Q4 |
Operating income: $-3.317M FY2027-Q2; GAAP. Published target: Operating income improves from -$5.44M toward break-even. The stored target says 2026-Q4; this source reports FY2027-Q2. Fiscal/calendar alignment needs review. Oct 15, 2026-3,317,155 USD · source valueLast status assessment Nov 5, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Revenue growth near 99% in next fiscal year | Analysts expect revenue to nearly double, growing about 99% next year. | Intact | YoY revenue growth falls below 50% in FY27 | Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Date unavailableLast status assessment Nov 5, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.
$-0.47 → $-0.84 · observed estimates
$0.01B → $0.02B · observed estimates
One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.
| Snapshot | EPS | Revenue | EPS / revenue analysts |
|---|---|---|---|
| 2026-07-24 | $-0.47 | $11,699,065 | 1 / 2 |
| 2026-07-25 | $-0.47 | $11,699,065 | 1 / 2 |
| 2026-07-26 | $-0.47 | $17,499,377 | 1 / 2 |
| 2026-07-27 | $-0.47 | $17,499,377 | 1 / 2 |
| 2026-07-28 | $-0.47 | $17,499,377 | 1 / 2 |
| 2026-07-29 | $-0.47 | $17,499,377 | 1 / 2 |
| 2026-07-30 | $-0.47 | $17,499,377 | 1 / 2 |
| 2026-07-31 | $-0.47 | $17,499,377 | 1 / 2 |
| 2026-08-01 | $-0.47 | $17,499,377 | 1 / 2 |
| 2026-08-02 | $-0.47 | $17,499,377 | 1 / 2 |
| 2026-08-03 | $-0.47 | $17,499,377 | 1 / 2 |
| 2026-08-04 | $-0.47 | $17,499,377 | 1 / 2 |
| 2026-08-05 | $-0.47 | $17,499,377 | 1 / 2 |
| 2026-08-06 | $-0.47 | $17,499,377 | 1 / 2 |
| 2026-08-07 | $-0.47 | $17,499,377 | 1 / 2 |
| 2026-08-08 | $-0.47 | $17,499,377 | 1 / 2 |
| 2026-08-09 | $-0.47 | $17,499,377 | 1 / 2 |
| 2026-08-10 | $-0.47 | $17,499,377 | 1 / 2 |
| 2026-08-12 | $-0.47 | $17,499,377 | 1 / 2 |
| 2026-08-13 | $-0.47 | $17,499,377 | 1 / 2 |
| 2026-08-14 | $-0.47 | $17,499,377 | 1 / 2 |
| 2026-08-15 | $-0.47 | $17,499,377 | 1 / 2 |
| 2026-08-16 | $-0.47 | $17,499,377 | 1 / 2 |
| 2026-08-17 | $-0.47 | $17,499,377 | 1 / 2 |
| 2026-08-18 | $-0.47 | $17,499,377 | 1 / 2 |
| 2026-08-19 | $-0.47 | $17,499,377 | 1 / 2 |
| 2026-08-20 | $-0.47 | $17,499,377 | 1 / 2 |
| 2026-08-21 | $-0.47 | $17,499,377 | 1 / 2 |
| 2026-08-22 | $-0.47 | $17,499,377 | 1 / 2 |
| 2026-08-23 | $-0.47 | $17,499,377 | 1 / 2 |
| 2026-08-24 | $-0.47 | $17,499,377 | 1 / 2 |
| 2026-08-25 | $-0.47 | $17,499,377 | 1 / 2 |
| 2026-08-26 | $-0.47 | $17,499,377 | 1 / 2 |
| 2026-08-27 | $-0.47 | $17,499,377 | 1 / 2 |
| 2026-08-28 | $-0.47 | $17,499,377 | 1 / 2 |
| 2026-08-29 | $-0.47 | $17,499,377 | 1 / 2 |
| 2026-08-30 | $-0.47 | $17,499,377 | 1 / 2 |
| 2026-08-31 | $-0.47 | $17,499,377 | 1 / 2 |
| 2026-09-01 | $-0.47 | $17,499,377 | 1 / 2 |
| 2026-09-02 | $-0.47 | $17,499,377 | 1 / 2 |
| 2026-09-03 | $-0.47 | $17,499,377 | 1 / 2 |
| 2026-09-04 | $-0.47 | $17,499,377 | 1 / 2 |
| 2026-09-05 | $-0.47 | $17,499,377 | 1 / 2 |
| 2026-09-06 | $-0.47 | $17,499,377 | 1 / 2 |
| 2026-09-07 | $-0.47 | $17,499,377 | 1 / 2 |
| 2026-09-08 | $-0.47 | $17,499,377 | 1 / 2 |
| 2026-09-09 | $-0.47 | $17,499,377 | 1 / 2 |
| 2026-09-10 | $-0.47 | $17,499,377 | 1 / 2 |
| 2026-09-11 | $-0.47 | $17,499,377 | 1 / 2 |
| 2026-09-12 | $-0.47 | $17,499,377 | 1 / 2 |
| 2026-09-13 | $-0.47 | $17,499,377 | 1 / 2 |
| 2026-09-14 | $-0.47 | $17,499,377 | 1 / 2 |
| 2026-09-15 | $-0.40 | $17,455,710 | 1 / 2 |
| 2026-09-16 | $-0.40 | $17,455,710 | 1 / 2 |
| 2026-09-17 | $-0.40 | $17,455,710 | 1 / 2 |
| 2026-09-18 | $-0.40 | $17,455,710 | 1 / 2 |
| 2026-09-19 | $-0.40 | $17,455,710 | 1 / 2 |
| 2026-09-20 | $-0.40 | $17,455,710 | 1 / 2 |
| 2026-09-21 | $-0.40 | $17,455,710 | 1 / 2 |
| 2026-09-22 | $-0.40 | $17,455,710 | 1 / 2 |
| 2026-09-23 | $-0.40 | $17,455,710 | 1 / 2 |
| 2026-09-24 | $-0.40 | $17,455,710 | 1 / 2 |
| 2026-09-25 | $-0.40 | $17,455,710 | 1 / 2 |
| 2026-09-26 | $-0.40 | $17,455,710 | 1 / 2 |
| 2026-09-27 | $-0.40 | $17,455,710 | 1 / 2 |
| 2026-09-28 | $-0.40 | $17,455,710 | 1 / 2 |
| 2026-09-29 | $-0.40 | $17,455,710 | 1 / 2 |
| 2026-09-30 | $-0.40 | $17,455,710 | 1 / 2 |
| 2026-10-01 | $-0.40 | $17,455,710 | 1 / 2 |
| 2026-10-02 | $-0.40 | $17,455,710 | 1 / 2 |
| 2026-10-03 | $-0.40 | $17,455,710 | 1 / 2 |
| 2026-10-04 | $-0.40 | $17,455,710 | 1 / 2 |
| 2026-10-05 | $-0.40 | $17,455,710 | 1 / 2 |
| 2026-10-06 | $-0.40 | $17,455,710 | 1 / 2 |
| 2026-10-07 | $-0.40 | $17,455,710 | 1 / 2 |
| 2026-10-08 | $-0.40 | $17,455,710 | 1 / 2 |
| 2026-10-09 | $-0.40 | $17,455,710 | 1 / 2 |
| 2026-10-10 | $-0.40 | $17,455,710 | 1 / 2 |
| 2026-10-11 | $-0.40 | $17,455,710 | 1 / 2 |
| 2026-10-12 | $-0.40 | $17,455,710 | 1 / 2 |
| 2026-10-13 | $-0.40 | $17,455,710 | 1 / 2 |
| 2026-10-14 | $-0.40 | $17,455,710 | 1 / 2 |
| 2026-10-15 | $-0.40 | $17,455,710 | 1 / 2 |
| 2026-10-16 | $-0.40 | $17,455,710 | 1 / 2 |
| 2026-10-17 | $-0.40 | $17,455,710 | 1 / 2 |
| 2026-10-18 | $-0.40 | $17,455,710 | 1 / 2 |
| 2026-10-19 | $-0.40 | $17,455,710 | 1 / 2 |
| 2026-10-20 | $-0.40 | $17,455,710 | 1 / 2 |
| 2026-10-21 | $-0.40 | $17,472,377 | 1 / 2 |
| 2026-10-22 | $-0.40 | $17,472,377 | 1 / 2 |
| 2026-10-23 | $-0.40 | $17,472,377 | 1 / 2 |
| 2026-10-24 | $-0.84 | $19,509,500 | 1 / 2 |
| 2026-10-25 | $-0.84 | $19,509,500 | 1 / 2 |
| 2026-10-26 | $-0.84 | $19,509,500 | 1 / 2 |
| 2026-10-27 | $-0.84 | $19,509,500 | 1 / 2 |
| 2026-10-28 | $-0.84 | $19,509,500 | 1 / 2 |
| 2026-10-29 | $-0.84 | $19,509,500 | 1 / 2 |
| 2026-10-30 | $-0.84 | $19,509,500 | 1 / 2 |
| 2026-10-31 | $-0.84 | $19,509,500 | 1 / 2 |
| 2026-11-01 | $-0.84 | $19,509,500 | 1 / 2 |
| 2026-11-02 | $-0.84 | $19,509,500 | 1 / 2 |
| 2026-11-03 | $-0.84 | $19,509,500 | 1 / 2 |
| 2026-11-04 | $-0.84 | $19,509,500 | 1 / 2 |
| 2026-11-05 | $-0.84 | $19,509,500 | 1 / 2 |
Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.
Latest: 3 Buy / Strong Buy · 0 Hold · 0 Sell / Strong Sell
Recent actions · Oct 7–Nov 5 · 0 recorded
Individual price-target observations are unavailable.
0 raises · 0 cuts · 0 unchanged · 0 without a comparable prior
Oct 7, 2026–Nov 5, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.
Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.
3 of 3 published conditions remain under pressure or need verification. The next results need to address those conditions.
The dated weekly assessment and its assumptions are available in Read detailed Outlook.