
Booking Hlds (BKNG) Stock Forecast & Price Target
Booking Hlds (BKNG) Analyst Ratings
Bulls say
Booking Holdings has demonstrated robust growth, with US roomnights experiencing low double-digit increases and EBITDA margins expanding by 80 basis points, highlighting operational efficiency amidst strategic marketing investments. The company reported a 9% year-over-year growth in roomnights for the fourth quarter, surpassing expectations and outperforming both online peers and hotel chains. Furthermore, the positive outlook for adjusted EBITDA growth, anticipated to outpace revenue growth in FY26, along with investments in products aimed at increasing traveler loyalty, suggests a continued path for margin expansion and sustained financial performance.
Bears say
The financial outlook for Booking Holdings is negatively impacted by a lowered terminal growth estimate of 3%, down from 4%, due to concerns regarding potential disruptions from artificial intelligence. Additionally, the company faces significant downside risks including a shift towards lower-margin categories and regulatory pressures from the EU's Digital Services Act and Digital Markets Act, which could adversely affect its operating model. Furthermore, despite a robust 4Q25 performance, the company's shares are trading at trough valuations, reflecting investor hesitancy as they weigh the long-term implications of AI on Booking's business model and overall travel market cycles.
This aggregate rating is based on analysts' research of Booking Hlds and is not a guaranteed prediction by Public.com or investment advice.
Booking Hlds (BKNG) Analyst Forecast & Price Prediction
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