Booking Holdings Inc
BKNG: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|RK | LOCK|S> | LOCK|m$%%<&m |
Booking Earnings: US and Network Tailwinds Mitigating Near-Term Middle East Headwinds; Shares Cheap
Booking's first-quarter sales increased 16%, despite a 2-percentage-point headwind from the Iran War. Adjusted EBITDA rose 19% due to fixed cost savings. Geopolitical uncertainty led the company to reduce its 2026 revenue guidance to high-single-digit growth from low-double-digit growth.
