Cantor Fitzgerald analyst Deepak Mathivanan lowered the firm’s price target on Booking Holdings (BKNG) to $4,495 from $5,830 and keeps a Neutral rating on the shares. Booking Holdings reported Q4 results with room nights, gross bookings, and EBITDA exceeding prior estimates by 2%, 2%, and 4%, respectively, mirroring strong online travel agency peer performance, the analyst tells investors in a research note. Fundamentals remain solid, though AI-related uncertainty may pressure near- to medium-term multiples, the firm says.
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Read More on BKNG:
- Booking Holdings price target lowered to $6,485 from $6,608 at UBS
- Holding on Booking: Solid Fundamentals but Unresolved AI Disruption Risk Keeps Rating at Market Perform
- Booking Holdings: Strong Execution, AI-Resilient Growth Outlook Supports Buy Rating
- Booking Holdings price target lowered to $5,000 from $5,750 at Piper Sandler
- Booking Holdings: Buy Rating Backed by Strong Momentum, Cost Savings, and Above-Framework 2026 Growth Outlook
