Booking.comBKNG
About: Booking is the world's largest online travel agency by sales, offering booking and payment services for hotel and alternative accommodation rooms, airline tickets, rental cars, restaurant reservations, cruises, experiences, and other vacation packages. The company operates several branded travel booking sites, including Booking.com, Agoda, OpenTable, and Rentalcars.com, and has expanded into travel media with the acquisitions of Kayak and Momondo. Transaction fees for online bookings account for the bulk of revenue and profits.
Employees: 23,600
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
46% more first-time investments, than exits
New positions opened: 139 | Existing positions closed: 95
15% more call options, than puts
Call options by funds: $8.67B | Put options by funds: $7.55B
1% more funds holding
Funds holding: 1,639 [Q2] → 1,663 (+24) [Q3]
0% more capital invested
Capital invested by funds: $127B [Q2] → $127B (+$170M) [Q3]
3.67% less ownership
Funds ownership: 94.52% [Q2] → 90.85% (-3.67%) [Q3]
7% less funds holding in top 10
Funds holding in top 10: 75 [Q2] → 70 (-5) [Q3]
18% less repeat investments, than reductions
Existing positions increased: 550 | Existing positions reduced: 668
Research analyst outlook
24 Wall Street Analysts provided 1 year price targets over the past 3 months
24 analyst ratings
Wells Fargo Ken Gawrelski 64% 1-year accuracy 32 / 50 met price target | 9%downside $4,470 | Equal-Weight Maintained | 16 Jan 2025 |
Morgan Stanley Brian Nowak 84% 1-year accuracy 27 / 32 met price target | 1%upside $5,000 | Equal-Weight Maintained | 13 Jan 2025 |
Wedbush Scott Devitt 75% 1-year accuracy 42 / 56 met price target | 12%upside $5,500 | Outperform Maintained | 6 Jan 2025 |
Mizuho James Lee 65% 1-year accuracy 20 / 31 met price target | 22%upside $6,000 | Outperform Maintained | 19 Dec 2024 |
B of A Securities Justin Post 69% 1-year accuracy 11 / 16 met price target | 12%upside $5,522 | Neutral Maintained | 18 Dec 2024 |
Financial journalist opinion
Based on 14 articles about BKNG published over the past 30 days