BKNG Stock Recent News

Priceline CEO Brett Keller discusses post-pandemic travel trends and the company's use of artificial intelligence technology on "Bloomberg Open Interest." Sign up for the Tech Daily newsletter to get exclusive reporting and analysis on tech and AI: https://bloom.bg/4bUP7rF -------- More on Bloomberg Television and Markets Like this video?

Booking Holdings Inc., the parent company to almost a dozen travel brands including Kayak and Priceline, delivered a disappointing forecast for the third quarter, even as it posted second -------- Like this video? Subscribe to Bloomberg Technology on YouTube: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg   Watch the latest full episodes of "Bloomberg Technology" with Caroline Hyde and Ed Ludlow here: https://www.youtube.com/playlist?list=PLfAX25ZLrPGTygCwn55voYZ_LYyKjxokJ   Get the latest in tech from Silicon Valley and around the world here: https://www.bloomberg.

Booking Holdings Inc. (BKNG, Financial) is arguably the world's most extensive online travel company. It has robust momentum from high fundamentals following the pandemic that is expected to continue steadily throughout the next two years.

BKNG is a long-term growth idea due to a secular trend in travel prioritizing experiences over material possessions, especially among Gen Z and Millennials. In an online travel market growing at 6% annually over the long term, BKNG is demonstrating long-term growth rates of around 10% and more across all metrics. BKNG is valued at a 22 TTM P/E and a 2027 Forward P/E of 12. This attractive valuation adequately accounts for competitive, geopolitical, and regulatory risks, among others.

In early June, Morgan Stanley (NYSE: MS ) published a report on travel industry trends. The results confirm what many investors believe when it comes to the best travel stocks.

Booking Holdings (BKNG) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

The new relationship will focus on driving innovation and delivering superior content to travelers SOUTHLAKE, Texas , Aug. 8, 2024 /PRNewswire/ -- Sabre Corporation  (NASDAQ: SABR), a leading software and technology provider powering the global travel industry, and Priceline, a leading online travel agency (OTA), today announced a new expanded, multi-year agreement to deliver joint growth in travel retailing. Under the new agreement, Priceline will adopt Sabre Direct Pay to support its travel payments needs, delivering a more secure, automated, and integrated payment process.

Booking Holdings shares are having a volatile year due to industry slowdown concerns. The second quarter results were worrisome when compared to Airbnb. Valuation is low heading into a deceleration period, offering potential upside for long-term investors.

Booking Holdings' (BKNG) second-quarter results reflect strength in its merchant business.

Second-quarter adjusted earnings at Booking topped analysts' estimates.