BNP Paribas sets a price target of $6,100 for NASDAQ:BKNG, indicating a significant potential upside.The stock has experienced volatility, with a trading range between $4,613.52 and $4,896.32 in a single day.Ewout Steenbergen, CFO, to present at the Nasdaq 53rd Investor Conference, potentially impacting investor sentiment.Booking Holdings Inc. (NASDAQ: BKNG) is a leading player in the online travel industry, providing services through its various brands like Booking.com, Priceline, and Agoda. The company is ...

Core Insights - Airbnb is a battleground stock with share prices down 44% from all-time highs, disappointing investors despite a strong overall market performance [1] - The company's profit margins are expanding, and revenue has increased by 255% cumulatively over the last five years, making shares appear cheap and a potential addition to investment portfolios [2] Business Performance - Airbnb is experiencing steady growth in geographical markets, primarily dominated by English-speaking countries and France, with plans to expand into Europe, Latin America, and Asia [4] - First-time bookings in Japan increased by 20% year over year, while India saw a remarkable growth of 50%, indicating successful localization of marketing and services [5] - Overall bookings rose by 12% year over year in constant currency, with growth expected to continue due to strong performance in new geographical areas [6] Margin Expansion Potential - The management is focusing on developing new segments beyond home-sharing, including Experiences and Services, which could enhance revenue streams over time [7] - The gross booking value from home-sharing reached $23 billion in Q3, indicating significant revenue potential [7] - The stock is considered a steady growth option with underrated margin expansion potential, and current prices are not overly expensive [8]