In anticipation of first-quarter results, Wedbush has adjusted its price target for Booking Holdings (BKNG, Financial), reducing it from $5,600 to $5,200. Despite this adjustment, the firm maintains an Outperform rating on the stock. The revision stems from growing economic uncertainty, influenced by macroeconomic concerns, possible tariff impacts, and declining consumer confidence both domestically and internationally.
Wedbush has broadly lowered its estimates and price targets for 2025 across the internet sector, responding to limited visibility and a potentially weaker demand environment. The firm anticipates forthcoming discussions with management teams to provide greater clarity on the situation, as they currently navigate these uncertain economic conditions.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 36 analysts, the average target price for Booking Holdings Inc (BKNG, Financial) is $5,556.23 with a high estimate of $6,500.00 and a low estimate of $4,411.11. The average target implies an upside of 21.93% from the current price of $4,556.84. More detailed estimate data can be found on the Booking Holdings Inc (BKNG) Forecast page.
Based on the consensus recommendation from 41 brokerage firms, Booking Holdings Inc's (BKNG, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Booking Holdings Inc (BKNG, Financial) in one year is $4785.36, suggesting a upside of 5.01% from the current price of $4556.84. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Booking Holdings Inc (BKNG) Summary page.
