Million

Resistance

Billion

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>BKNG stock price trades between the major 20, and 50-day daily moving averages.</a> </li> 
 <li> <span>2</span> <a>Booking Holdings Inc. (NASDAQ: BKNG) stock’s 52-week price range is around $1616 – $3251.</a> </li> 
</ul> 
<p>BKNG Inc. is a company that provides online travel and related services. It operates through the following brands: Booking.com, KAYAK, Priceline, Agoda, Rentalcars.com, and OpenTable. It helps customers book accommodations such as hotels, hostels, apartments, vacation rentals, and other properties. The company was started by Jay Scott Walker on July 18, 1997, and its main office is in Norwalk, CT.</p> 
<p>Booking Holdings Inc.’s latest quarterly balance sheet for the period ending June 2023, reported total assets of $26.56 Billion and total liabilities of $27.22 Billion. The debt-to-assets ratio is at 102.50%, which is a negative sign and might be a concern for BKNG stock.</p> 
<p>The latest quarterly earnings report for the period ending June 2023, displayed a revenue of $5.46 Billion, with a net income of $1.29 Billion, and a profit margin of 23.62%. This quarter, the reported revenue exceeded analysts estimate by $293.569 Million(5.68%). The next quarter’s revenue is estimated to be 7.237 Billion.</p> 
<p>The BKNG stock has a CMP of $3083.95 and an intraday loss of 0.67%. The Booking Holdings Inc. stock’s average volume for the last 10 days is 257.531 K and its current volume is 252.39 K. The BKNG stock has a float of 35.394 Million shares and a market cap of $110.073 Billion.</p> 
<p>The stock may continue to fall further if it breaks below the current levels and breaks below $3000, which could lead to a target of $2750. On the other hand, if BKNG stock manages to reverse the trend and gain strong buying momentum It could rise above $3250, triggering a rally above $3500 or higher.</p> 
<h2 class="wp-block-heading" id="strong-bkng-stock-price-technical-analysis-in-1-d-timeframe-strong"><strong>BKNG Stock Price Technical Analysis in 1-D Timeframe</strong></h2> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" loading="lazy" width="1024" height="594" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-1050-1024x594.png" alt="BKNG Stock Forecast: Will (NASDAQ: BKNG) Make $4000 In 2023-24?" class="wp-image-172454" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-1050-1024x594.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-1050-300x174.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-1050-768x445.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-1050-750x435.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-1050-1140x661.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-1050.png 1461w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Source: BKNG.1D.NASDAQ by TradingView
  </figcaption>
 </figure>
</div> 
<p>At the time of publishing, the major EMA’s in Booking Holdings Inc. (NASDAQ: BKNG) is bearish. The MACD shows a bearish cross on the charts and RSI is at 48 taking resistance from 14 SMA.</p> 
<p>However, the stock ratings for Booking Holdings Inc. stock are positive and highly recommended based on 33 analysts who have evaluated BKNG in the last three months. The 1-year price forecasts for Booking Holdings stock by 27 analysts range from $2373 to $4300, with a high potential for growth.</p> 
<p>Moreover, BKNG does not offer any dividends to its shareholders and it has never done so in the past. It seems unlikely that BKNG will pay any dividends in the future either. This means that the shareholders do not get any regular income from the BKNG stock and this reduces the attractiveness of the stock for many investors.&nbsp;</p> 
<h4 class="wp-block-heading"><strong>Summary</strong></h4> 
<p><a href="https://www.thecoinrepublic.com/2023/09/29/adi-stock-forecast-will-nasdaq-adi-rise-up-to-make-new-peaks/" target="_blank" rel="noreferrer noopener">Booking Holdings Inc.</a> (NASDAQ: BKNG) indicates that the traders and investors of the stock price are bearish on the 1-D time frame. The price action shows a bearish outlook at the time of publishing. The technical analysis tools of Booking Holdings’ stock price also support bearishness. The EMA, RSI, and MACD highlight downward signals and indicate that a downtrend may continue in Starbucks’ stock price.</p> 
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4> 
<p><strong>Support levels</strong>: $3000 and $2750</p> 
<p><strong>Resistance levels</strong>: $3250 and $3500</p> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>In this article, the views and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.</p>

BKNG Stock Forecast: Will (NASDAQ: BKNG) Make $4000 In 2023-24?

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