Booking (NASDAQ:BKNG) Price Target Raised to $6,100.00 at B. Riley

Booking (NASDAQ:BKNG) had its price target boosted by analysts at B. Riley from $6,000.00 to $6,100.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage currently has a “buy” rating on the business services provider’s stock. B. Riley’s target price points to a potential upside of 19.57% from the stock’s current price. B. Riley also issued estimates for Booking’s Q3 2025 earnings at $103.16 EPS, Q4 2025 earnings at $48.42 EPS, FY2025 earnings at $215.84 EPS, FY2026 earnings at $251.35 EPS, FY2027 earnings at $293.07 EPS, FY2028 earnings at $342.03 EPS, FY2028 earnings at $347.63 EPS, FY2029 earnings at $423.99 EPS and FY2029 earnings at $417.57 EPS.

BKNG has been the topic of a number of other reports. StockNews.com downgraded shares of Booking from a “buy” rating to a “hold” rating in a research report on Thursday, April 10th. Barclays raised their price objective on Booking from $5,100.00 to $5,600.00 and gave the stock an “overweight” rating in a report on Friday, February 21st. Erste Group Bank downgraded Booking from a “strong-buy” rating to a “hold” rating in a report on Monday, March 17th. DA Davidson raised their price target on Booking from $5,005.00 to $5,800.00 and gave the stock a “buy” rating in a research note on Friday, February 21st. Finally, UBS Group reduced their price objective on Booking from $5,960.00 to $5,557.00 and set a “buy” rating for the company in a research note on Monday. Ten investment analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $5,262.41.

Booking Price Performance

Booking stock opened at $5,101.43 on Wednesday. Booking has a 1-year low of $3,180.00 and a 1-year high of $5,337.24. The stock has a market cap of $166.52 billion, a PE ratio of 29.48, a P/E/G ratio of 1.71 and a beta of 1.37. The stock’s fifty day moving average is $4,649.29 and its two-hundred day moving average is $4,812.32.

Booking (NASDAQ:BKNG) last posted its earnings results on Tuesday, April 29th. The business services provider reported $24.81 earnings per share for the quarter, topping the consensus estimate of $17.57 by $7.24. The firm had revenue of $4.76 billion during the quarter, compared to analysts’ expectations of $4.58 billion. Booking had a negative return on equity of 159.34% and a net margin of 24.78%. The firm’s revenue was up 7.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $20.39 earnings per share. On average, research analysts expect that Booking will post 209.92 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Covestor Ltd grew its holdings in shares of Booking by 6.9% in the 4th quarter. Covestor Ltd now owns 31 shares of the business services provider’s stock worth $158,000 after acquiring an additional 2 shares during the period. SageView Advisory Group LLC boosted its position in Booking by 1.6% during the fourth quarter. SageView Advisory Group LLC now owns 124 shares of the business services provider’s stock worth $616,000 after purchasing an additional 2 shares in the last quarter. Belpointe Asset Management LLC grew its holdings in Booking by 2.2% in the fourth quarter. Belpointe Asset Management LLC now owns 95 shares of the business services provider’s stock valued at $472,000 after purchasing an additional 2 shares during the last quarter. Elequin Capital LP increased its position in shares of Booking by 20.0% in the fourth quarter. Elequin Capital LP now owns 12 shares of the business services provider’s stock valued at $60,000 after buying an additional 2 shares in the last quarter. Finally, Fidelis Capital Partners LLC raised its stake in shares of Booking by 1.2% during the 1st quarter. Fidelis Capital Partners LLC now owns 167 shares of the business services provider’s stock worth $809,000 after buying an additional 2 shares during the last quarter. 92.42% of the stock is owned by hedge funds and other institutional investors.

Booking Company Profile

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.