Analyst Deepak Mathivanan from Cantor Fitzgerald has adjusted the price target for Booking Holdings (BKNG, Financial), reducing it from $5,540 to $4,330. The firm's shares maintain a Neutral rating as the upcoming Q1 earnings season approaches for internet-related companies covered by Cantor.
Investors are advised to brace for a blend of outcomes in this earnings period, largely due to a range of macroeconomic uncertainties. Heightened tariffs are anticipated to influence both present and future demand, with consumer behaviors potentially shifting in response to these tariffs.
Cantor Fitzgerald suggests adopting a defensive investment strategy that incorporates unique, case-specific themes to generate positive returns. The firm has already considered a potential economic slowdown in its projections for Q2 and the latter half of the year, highlighting a cautious outlook for the internet sector during this period.
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 $5,531.23 with a high estimate of $6,500.00 and a low estimate of $4,411.11. The average target implies an upside of 19.92% from the current price of $4,612.44. 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 3.75% from the current price of $4612.44. 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.
