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Booking Holdings Inc.
Consumer Cyclical · Travel Services
Made on Jun 29, 2026
Price at call $181.46
6-month call Bull +13.7%
Target by Dec 2026 $206.32
Great value below $155.00
Model v0.3.0

Projection vs Actual (6M history + forecast)

Our straight 6-month prediction (bold) with a textured realism line, and the actual price overlaid from the prediction date forward.

Forecast

One directional 6-month call and the six monthly points we'll be scored against. Predicted Jun 29, 2026 3:26 am
Bull BKNG trends higher to $206.32 (+13.7% from $181.46) by Dec 2026.
Monthmonths after the call Datewhen it gets graded Predictedthe claim: closing price Current priceactual close — fills in over time Predicted returnpredicted vs $181.46 at call
Prediction made Jun 29, 2026 $181.46 at call
M1 Jul 29, 2026 $185.60 +2.3%
What actually happened: closed $199.31 on Jul 28, 2026 = +9.8% vs the call (predicted +2.3%)  ·  direction MISS (called flat, was up)  ·  off by 7.6 pp  ·  accuracy 4/10  ·  S&P -0.2% over the same window — beat it
M2 Aug 29, 2026 $189.75 +4.6%
M3 Sep 29, 2026 $193.89 +6.9%
M4 Oct 29, 2026 $198.03 +9.1%
M5 Nov 29, 2026 $202.18 +11.4%
M6 Dec 29, 2026 $206.32 +13.7%

Deserved value (DCF/composite) is $248.83; over 6 months we project closing only part-way to it (reach 36.9%). Value-only — see Not Yet Modeled below.

Weaknesses

No weaknesses recorded for this run.

All inputs present, no fallbacks used — nothing to flag.

Equation Inputs

Everything feeding the v0.3.0 model — value anchors, the stock's own price behaviour, and the tunable knobs.

Value anchors (from deep analysis)

Price at call$181.46
Composite fair value$179.80
Signal-adjusted fair value$193.81
DCF fair value$234.92
Anchored-PE fair value$159.98
Buy-below (value lens)$155.00
Value net score-39
Value confidence7 / 10
Quality net score+100
Memo confidence7 / 10
Deserved value (base)$207.36
Quality tilt+20%
Deserved value (used)$248.83
Coherence (value × quality)1.00

Price behaviour (trailing — shapes the realism line)

Realized volatility (annualized) 1m 39.2%  3m 39.0%  6m 40.2%  
Daily σ (realism noise)2.5%
Beta vs S&P 500 1m 1.02  3m 0.87  5m 1.05  
Trailing 6-month return-16.6%

Knobs (equation params)

Deserved wt · DCF0.5
Quality tilt cap (±)0.2
Horizon reach (6mo)0.45
Coherence floor (conflict)0.5
Conviction gain / pt0.06
Realism mean-reversion φ0.85
Conviction floor0.4
Deserved wt · composite0.5
Realism vol window3m
Neutral band (%)5
Horizon (months)6
Realism σ fallback0.015

Version & Tech Chain

What produced this prediction — stamped on the record so versions can be compared by success rate later.
Model v0.3.0 #6bd904191719

Tech composition (what this version is built from)

#ProcessKindGroup
1 Synthesis valuation-synthesis deterministic final
2 Scenario Analysis scenario-valuation deterministic valuation
3 Valuation / Mispricing ext-lens-value llm extended
4 Company Quality ext-lens-quality llm extended
5 Forensic Memo (combiner) ext-forensic-memo llm extended
6 Classification company-classification llm foundation
7 Live Quote fmp-quote data market-data

Inputs used (the runs that fed this prediction)

Upstream processRanLagRun id
company-classification Jun 29, 2026 freshest BKNG-20260629-031339-b1bb
ext-forensic-memo Jun 29, 2026 freshest ext-BKNG-20260629-032442-940d
ext-lens-quality Jun 29, 2026 freshest ext-BKNG-20260629-032442-940d
ext-lens-value Jun 29, 2026 freshest ext-BKNG-20260629-032442-940d
scenario-valuation Jun 29, 2026 freshest BKNG-20260629-031339-b1bb
valuation-synthesis Jun 29, 2026 freshest BKNG-20260629-031339-b1bb

Inputs flagged 7d+ behind the freshest one may be stale relative to the rest of the analysis.

Saved History

2 frozen snapshots — the record we score once predictions mature.
MadeModelCallAt callTargetExp.Eval due
Aug 6, 2026 v0.6.0 Bull $207.02 $226.00 +9.2% Feb 2027 view
Jun 29, 2026 v0.3.0 Bull $181.46 $206.32 +13.7% Dec 2026 viewing

Not Yet Modeled

What this v0.3.0 forecast deliberately ignores — the work ahead, in plain sight.
  • Signal-adjusted fair value ($193.81) — the red-flag-adjusted anchor isn't the primary input yet (we use the raw DCF/composite blend, which double-counts DCF).
  • Recent momentum / drift — the line takes off straight; the trailing 6-month move (-16.6%) doesn't bend the slope.
  • Market beta — computed (1–5mo) for context but does not condition the path.
  • Earnings dates, catalysts, and known events — not modeled.
  • Macro regime & sector rotation — not modeled.
  • Horizon is a fixed 6-month assumption, not a modeled time-to-target.
  • Outcome scoring — predictions aren't yet graded against realized price once the evaluation date passes.