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

Booking (NASDAQ:BKNG) had its target price upped by research analysts at Wedbush from $5,000.00 to $5,500.00 in a note issued to investors on Monday,Benzinga reports. The firm currently has an “outperform” rating on the business services provider’s stock. Wedbush’s target price would indicate a potential upside of 14.68% from the stock’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.

Other equities research analysts also recently issued research reports about the company. Barclays upped their price target on Booking from $4,500.00 to $5,100.00 and gave the stock an “overweight” rating in a report on Thursday, October 31st. Wells Fargo & Company increased their target price on shares of Booking from $3,976.00 to $4,173.00 and gave the company an “equal weight” rating in a report on Tuesday, October 8th. The Goldman Sachs Group raised their price target on shares of Booking from $3,940.00 to $4,510.00 and gave the company a “neutral” rating in a research report on Friday, November 1st. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Booking from $4,900.00 to $5,200.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. Finally, Cantor Fitzgerald reissued a “neutral” rating and set a $3,590.00 target price on shares of Booking in a research report on Monday, October 7th. Ten research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $4,972.75.

Booking Stock Performance

BKNG stock opened at $4,796.10 on Monday. The business has a 50-day simple moving average of $5,048.13 and a two-hundred day simple moving average of $4,335.11. The company has a market capitalization of $158.74 billion, a P/E ratio of 32.54, a price-to-earnings-growth ratio of 2.11 and a beta of 1.41. Booking has a 52-week low of $3,180.00 and a 52-week high of $5,337.24.

Institutional Investors Weigh In On Booking

A number of institutional investors and hedge funds have recently modified their holdings of BKNG. Jamison Private Wealth Management Inc. bought a new stake in Booking during the 3rd quarter worth approximately $25,000. West Financial Advisors LLC purchased a new position in shares of Booking during the 3rd quarter valued at $29,000. Addison Advisors LLC grew its position in shares of Booking by 80.0% during the 3rd quarter. Addison Advisors LLC now owns 9 shares of the business services provider’s stock valued at $38,000 after purchasing an additional 4 shares in the last quarter. Fairscale Capital LLC bought a new position in shares of Booking in the second quarter worth $41,000. Finally, Carmichael Hill & Associates Inc. raised its position in shares of Booking by 66.7% in the third quarter. Carmichael Hill & Associates Inc. now owns 10 shares of the business services provider’s stock worth $42,000 after buying an additional 4 shares in the last quarter. 92.42% of the stock is owned by hedge funds and other institutional investors.

About Booking

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.