Based on the technical analysis and news sentiment, here is the prediction for BKNG's stock price next week:
Technical Analysis
News Sentiment Analysis
Price Prediction for Next Week Target Price Range: $4,638 - $4,929 Most Likely Scenario: Price will likely bounce from current oversold levels and test the first Fibonacci resistance at $4,929.59.
Trading Recommendation: BUY Entry Point: Current price around $4,764 Stop Loss: Below S1 at $4,638 Take Profit: R1 at $4,929
Rationale:
The price of BKNG is predicted to go up 0.32%, based on the high correlation periods with VFC. The similarity of these two price pattern on the periods is 96.01%.
BKNG
VFC
Year
BKNG Price Forecast($)
Potential Return(%)
2025
6,300.000
28.470
2026
6,300.000
28.470
2027
7,500.000
52.940
2028
6,300.000
28.470
2029
7,200.000
46.650
2030
7,500.000
52.760
Emerging markets should see strong online travel booking growth over the next 10 years, given low penetration levels and increased online usage, and Booking is well positioned.
Mobile application usage is increasing rapidly and Booking has a dominant global position, which aids the more than 50% of room nights that we estimate come from direct traffic.
Booking is strengthening its network effect through organic initiatives and in fast-growing markets like experiences, vacation rentals, flights, and payments, resulting in a fully connected trip.
Wells Fargo
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Wedbush
Price Target
$5,000 → $5,500
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B of A Securities
Price Target
$4,850 → $5,522
Upside
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