BofA Upgrades Booking Holdings to Buy: AI Fears Create Opportunity
BofA upgrades Booking Holdings to Buy with a $6,000 target, saying AI-related concerns are overblown and the recent selloff offers a buying opportunity.
BofA upgrades Booking Holdings to Buy with a $6,000 target, saying AI-related concerns are overblown and the recent selloff offers a buying opportunity.
Google launches AI-powered flight and hotel booking tools, causing stock drops for Booking Holdings, Expedia, TripAdvisor, and Airbnb as competition intensifies.
Booking Holdings delivered massive Q3 2025 growth, exceeding expectations with $9.01 billion in revenue and 14% growth in gross bookings. Travel demand remains steady, fueling a positive outlook.
Lodging trends are negative. A sharp drop in international demand, especially in Europe, hurts Airbnb, Expedia, and Booking, according to Wedbush.