Key Stats for Booking Holdings Stock
- YTD price change for Booking Holdings stock: -19%
- $BKNG Share Price as of Apr. 29: $174
- 52-Week High: $234
- $BKNG Stock Price Target: $231
Now Live: Discover how much upside your favorite stocks could have using TIKR’s new Valuation Model (It’s free)>>>
What Happened?
Booking Holdings (BKNG) stock dropped after the company cut its full-year revenue growth forecast. The culprit is the ongoing war in the Middle East, which started weighing on bookings in late February.
- The company now expects annual revenue to grow in the high single digits, down from its earlier forecast of low double-digit growth. That’s a meaningful step back, and the market reacted accordingly.
- In Q1, room-night growth was clipped by roughly 2 % points due to the conflict.
- March was hit hardest, with room nights growing just 1% as cancellations spiked and new bookings fell.
- The company estimates that without the disruption in the Middle East, room nights would have grown about 8% — right in line with expectations.
The impact didn’t stay contained to the region either.
CFO Ewout Steenbergen noted disruptions to key transit corridors between Europe and Asia, adding another layer of headwind.
See analysts’ growth forecasts and price targets for Booking Holdings stock (It’s free) >>>
What the Market Is Telling Us About Booking Holdings Stock
Booking Holdings stock still beat on the numbers that matter most.
- Adjusted EPS of $1.14 topped the $1.08 estimate.
- Revenue of $5.53 billion matched expectations.
- Gross bookings hit $53.8 billion, up 15%.
The problem is the outlook.
- Management now assumes the impact on the Middle East continues through June, with a recovery in the second half.
- Second-quarter room-night growth is expected to come in between 2% and 4%.
CEO Glenn Fogel acknowledged the uncertainty but struck a confident tone.
- He noted the company has navigated crises before — from 9/11 to COVID to the Russia-Ukraine war — and that travel demand always recovers.
- The Middle East represents about 7% of global room nights, and Fogel views the region as a long-term strength.
One bright spot: U.S. room night growth accelerated for the fourth straight quarter, hitting low-teens growth driven by domestic demand. That momentum is real and gives Booking Holdings stock a strong foundation once the geopolitical headwinds ease.
For long-term investors, Booking Holdings stock looks like a business with solid fundamentals caught in a short-term storm.
The company also repurchased a record $3.6 billion in shares during Q1, signaling management confidence in the stock’s long-term value.
Estimate a company’s fair value instantly (Free with TIKR) >>>
How Much Upside Does Booking Holdings Stock Have From Here?
With TIKR’s new Valuation Model tool, you can estimate a stock’s potential share price in under a minute.
All it takes is three simple inputs:
- Revenue Growth
- Operating Margins
- Exit P/E Multiple
If you’re not sure what to enter, TIKR automatically fills in each input using analysts’ consensus estimates, giving you a quick, reliable starting point.
From there, TIKR calculates the potential share price and total returns under Bull, Base, and Bear scenarios so you can quickly see whether a stock looks undervalued or overvalued.
See a stock’s true value in under 60 seconds (Free with TIKR) >>>
Looking for New Opportunities?
- See what stocks billionaire investors are buying so you can follow the smart money.
- Analyze stocks in as little as 5 minutes with TIKR’s all-in-one, easy-to-use platform.
- The more rocks you overturn… the more opportunities you’ll uncover. Search 100K+ global stocks, global top investor holdings, and more with TIKR.
Disclaimer:
Please note that the articles on TIKR are not intended to serve as investment or financial advice from TIKR or our content team, nor are they recommendations to buy or sell any stocks. We create our content based on TIKR Terminal’s investment data and analysts’ estimates. Our analysis might not include recent company news or important updates. TIKR has no position in any stocks mentioned. Thank you for reading, and happy investing!
