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Booking Holdings (BKNG) is reassessing its valuation after a Q3 earnings beat, cost cuts, and expansion in payments and corporate travel. Despite a recent share price of $5,197.04, analysts see it as undervalued with a fair value estimate of $6,207. The company faces risks from AI competition and cautious consumer spending, but its long-term momentum remains strong. Analysts have varied price targets, reflecting differing views on its growth potential. Investors are encouraged to explore other undervalued stocks and AI-driven opportunities.
Uber shares continue to slide after the FTC filed an amended complaint against the company for deceptive billing and cancellation practices. The complaint alleges unauthorized charges and complex cancellation processes, violating state laws and the Restore Online Shoppers' Confidence Act. Uber stock is currently bearish, trading below key moving averages, with potential support at $69.50 and resistance at $93.50. Despite current bearish signals, Uber has seen a 33.44% increase over the past year, indicating underlying strength.
Uber is facing a significant trial in Phoenix, Arizona, regarding a lawsuit from a woman alleging sexual assault by an Uber driver. This case is the first in U.S. federal court among over 3,000 similar lawsuits against the company. The outcome could influence the resolution of these cases and impact Uber's financial standing and regulatory relationships. Uber maintains that it is not liable for drivers' actions, asserting that they are independent contractors. The trial is seen as a test case for the company's liability in such incidents, amidst ongoing scrutiny of its safety measures.
B. Riley has upgraded Airbnbto 'buy' from 'neutral' and raised the price target to $170 from $140, indicating a 22% upside from the last close. The brokerage anticipates long-term growth in short-term rentals and international expansion by 2026, along with potential benefits from a broader rollout of 'reserve now, pay later' and increased hotel inventory. Currently, 16 of 42 brokerages rate the stock as 'buy' or higher, with a median price target of $146.40. Airbnb's stock rose 3.3% in 2025.
The Dow Jones Index is losing -114 points.Losses were led by American Express (-4.26%), Visa (-2.69%) and Walt Disney (-2.10%).Offsetting the fall, top gainers were Walmart (1.86%), Caterpillar (1.43%) and P&G (0.94%).
