FMP

FMP

KeyBanc Initiates Coverage on Booking Holdings with "Overweight" Rating

  • KeyBanc has initiated coverage on Booking Holdings (NASDAQ:BKNG) with an "Overweight" rating, indicating a positive outlook for the company.
  • Booking Holdings is expanding its market share in the alternative accommodations segment, benefiting from Airbnb's exit from the Chinese market and ongoing regulatory challenges.
  • The company's stock price is currently $5,230.59, with a market capitalization of approximately $169.52 billion, showcasing its significant size in the online travel agency sector.

On October 22, 2025, KeyBanc initiated coverage of Booking Holdings (NASDAQ:BKNG) with an "Overweight" rating, signaling a positive outlook for the company. At that time, the stock was priced at $5,230.59. Booking Holdings is a major player in the online travel agency sector, competing with companies like Expedia and Airbnb.

Booking Holdings is strengthening its position by leveraging network effects and operational efficiency. The company is expanding its market share in the alternative accommodations segment. This growth is partly due to Airbnb's exit from the Chinese market and its ongoing regulatory challenges. Booking Holdings' international reach and strong hotel business help mitigate potential declines in U.S. travel.

The stock price of BKNG is currently $5,230.59, showing a decrease of $55.41 or about -1.05% today. During the trading day, the stock fluctuated between a low of $5,206.66 and a high of $5,327.96. Over the past year, BKNG has experienced a high of $5,839.41 and a low of $4,096.23.

Booking Holdings has a market capitalization of approximately $169.52 billion, indicating its significant size in the market. The trading volume for the day is 164,989 shares, reflecting investor interest. The company's extensive international operations provide a buffer against temporary restrictions on alternative accommodation rentals.