Booking (NASDAQ:BKNG) Price Target Raised to $5,500.00

Booking (NASDAQ:BKNG) had its price objective lifted by Wedbush from $5,000.00 to $5,500.00 in a report issued on Monday,Benzinga reports. The firm presently has an “outperform” rating on the business services provider’s stock. Wedbush’s target price would suggest a potential upside of 14.68% from the company’s previous close. Wedbush also issued estimates for Booking’s Q3 2025 earnings at $98.60 EPS, Q4 2025 earnings at $40.66 EPS, FY2025 earnings at $211.68 EPS and FY2026 earnings at $235.58 EPS.

A number of other research firms have also recently commented on BKNG. UBS Group increased their target price on Booking from $5,050.00 to $5,550.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. Argus lowered Booking from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 31st. Truist Financial boosted their target price on Booking from $4,100.00 to $4,700.00 and gave the stock a “hold” rating in a research report on Thursday, November 7th. Royal Bank of Canada increased their price target on shares of Booking from $3,900.00 to $5,250.00 and gave the company an “outperform” rating in a research report on Friday, November 1st. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Booking from $4,900.00 to $5,200.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Ten equities research analysts have rated the stock with a hold rating, twenty-one have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $4,972.75.

Booking Price Performance

BKNG stock opened at $4,796.10 on Monday. The firm has a 50 day simple moving average of $5,048.13 and a two-hundred day simple moving average of $4,335.11. The stock has a market cap of $158.74 billion, a PE ratio of 32.54, a P/E/G ratio of 2.11 and a beta of 1.41. Booking has a one year low of $3,180.00 and a one year high of $5,337.24.

Hedge Funds Weigh In On Booking

Institutional investors have recently bought and sold shares of the stock. Private Advisor Group LLC boosted its position in shares of Booking by 4.4% during the second quarter. Private Advisor Group LLC now owns 2,375 shares of the business services provider’s stock valued at $9,407,000 after purchasing an additional 101 shares in the last quarter. Ballentine Partners LLC boosted its holdings in shares of Booking by 32.8% during the 2nd quarter. Ballentine Partners LLC now owns 397 shares of the business services provider’s stock valued at $1,573,000 after buying an additional 98 shares in the last quarter. X Square Capital LLC grew its position in shares of Booking by 10.7% in the 2nd quarter. X Square Capital LLC now owns 321 shares of the business services provider’s stock worth $1,272,000 after buying an additional 31 shares during the period. First Foundation Advisors increased its stake in shares of Booking by 10.2% in the 2nd quarter. First Foundation Advisors now owns 97 shares of the business services provider’s stock worth $384,000 after acquiring an additional 9 shares in the last quarter. Finally, Fairbanks Capital Management Inc. lifted its position in Booking by 2.3% during the 2nd quarter. Fairbanks Capital Management Inc. now owns 1,012 shares of the business services provider’s stock valued at $4,009,000 after acquiring an additional 23 shares during the period. 92.42% of the stock is owned by institutional investors.

Booking Company Profile

Booking Holdings Inc, formerly The Priceline Group Inc, is a provider of travel and restaurant online reservation and related services. The Company, through its online travel companies (OTCs), connects consumers wishing to make travel reservations with providers of travel services across the world. It offers consumers an array of accommodation reservations (including hotels, bed and breakfasts, hostels, apartments, vacation rentals and other properties) through its Booking.com, priceline.com and agoda.com brands.