Booking Holdings (BKNG) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Booking Holdings (BKNG) concluded the recent trading session at $4,689.30, signifying a +0.08% move from its prior day's close.
In the closing of the recent trading day, Booking Holdings (BKNG) stood at $4,685.75, denoting a +1.71% change from the preceding trading day.
BKNG MOVES UP OVER 130 POINTS AT ITS HIGH OF THE DAY AFTER THE ALERT
There is no science to predicting which companies will resort to a stock split and when, but observers can use some clues to make educated guesses. Stock splits help make a company's shares look more affordable.
Recent market struggles are due to US policy indecisiveness and newly kickstarted global trade war. I am expecting higher US inflation and rates, weakening consumer sentiment, and corporate investment reluctance. I have raised cash and adjusted my portfolio, focusing on defensive stocks like Berkshire Hathaway.
Philip Morris, Booking Holdings, Anheuser-Busch InBev, Elite Pharmaceuticals and National Research are included in this Analyst Blog.
Booking's valuation has dropped ~20% since November, creating a safer buying opportunity with a current FY25 P/E multiple of ~20x. I'm upgrading the stock to a buy rating. Booking's Q4 revenue grew 14% y/y, with bookings up 17% y/y and accelerating from just 9% growth in Q3. Growing supply of alternative accommodations such as apartments and aparthotels, is a key growth driver, outpacing total company bookings and differentiating Booking from competitors like Expedia.
Booking stock rallied during the "revenge travel" boom of the past two years but faces new challenges in 2025. The post Booking Stock Closed 2024 Strong.
Booking Holdings' stock is attractive due to its dominant market position, strong financial performance, and fair valuation. The company exceeded Q4 expectations with $5.5 billion revenue and 17% gross bookings growth, showcasing its resilience and profitability. Booking continues to outperform competitors Airbnb and Expedia in key metrics, outgrowing them despite being much larger.
Booking Holdings benefits from strong travel demand, AI-driven innovations, and impressive room night growth but faces FX headwinds and fierce competition.
Booking Holdings (BKNG) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.