Wall Street Zen Downgrades Booking to 'Hold' Rating

Analysts cite concerns over price target and market outlook for travel booking company

Published on Mar. 7, 2026

Wall Street Zen, a research firm, has downgraded Booking Holdings Inc. (NASDAQ:BKNG) from a 'buy' rating to a 'hold' rating in a new research report. The analysts cited a lowered price target and concerns over the overall market outlook for the online travel booking company.

Why it matters

Booking is one of the largest online travel booking platforms, so a downgrade from a major research firm could signal broader challenges facing the travel industry. This news comes as Booking prepares for a 25-for-1 stock split, which may impact investor sentiment.

The details

In the report, Wall Street Zen analysts lowered their price target on Booking from $6,500 to $6,250, while also changing their rating from 'buy' to 'hold'. The analysts noted concerns over macroeconomic factors and the potential impact on consumer travel demand. Several other research firms have also recently adjusted their price targets and ratings for Booking.

  • On Saturday, March 6, 2026, Wall Street Zen issued the downgrade report.

The players

Wall Street Zen

A research firm that provides analysis and ratings on public companies.

Booking Holdings Inc.

The parent company of online travel booking platforms like Booking.com, Priceline, Kayak, and others.

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What’s next

Booking is scheduled to execute a 25-for-1 stock split on April 6, 2026, which may impact the company's share price and investor sentiment.

The takeaway

This downgrade from Wall Street Zen reflects broader uncertainty in the travel industry, which could impact major online booking platforms like Booking. Investors will be closely watching Booking's performance and any further analyst rating changes as the company navigates the evolving travel landscape.