Wedbush Comments on Booking’s Q2 Earnings (NASDAQ:BKNG)

Booking Holdings Inc. (NASDAQ:BKNG) – Investment analysts at Wedbush decreased their Q2 2025 earnings estimates for Booking in a report issued on Tuesday, April 15th. Wedbush analyst S. Devitt now expects that the business services provider will earn $44.33 per share for the quarter, down from their prior estimate of $49.27. Wedbush currently has a “Outperform” rating and a $5,500.00 price target on the stock. The consensus estimate for Booking’s current full-year earnings is $209.92 per share. Wedbush also issued estimates for Booking’s Q3 2025 earnings at $88.67 EPS, Q4 2025 earnings at $41.54 EPS and FY2025 earnings at $190.96 EPS.

A number of other brokerages have also recently issued reports on BKNG. Benchmark upped their target price on Booking from $5,000.00 to $5,900.00 and gave the company a “buy” rating in a research report on Friday, February 21st. JPMorgan Chase & Co. lowered their target price on shares of Booking from $5,750.00 to $4,850.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 8th. BMO Capital Markets upped their price target on shares of Booking from $5,155.00 to $5,900.00 and gave the company an “outperform” rating in a research report on Friday, February 21st. Morgan Stanley raised their price objective on shares of Booking from $4,600.00 to $5,000.00 and gave the stock an “equal weight” rating in a research report on Monday, January 13th. Finally, Barclays increased their target price on shares of Booking from $5,100.00 to $5,600.00 and gave the stock an “overweight” rating in a research note on Friday, February 21st. Eleven analysts have rated the stock with a hold rating, twenty have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $5,285.55.

Booking Price Performance

Shares of BKNG opened at $4,540.84 on Thursday. The firm has a fifty day moving average price of $4,702.41 and a 200 day moving average price of $4,768.98. The stock has a market cap of $149.01 billion, a PE ratio of 26.24, a price-to-earnings-growth ratio of 1.71 and a beta of 1.37. Booking has a 1-year low of $3,180.00 and a 1-year high of $5,337.24.

Booking (NASDAQ:BKNG) last issued its earnings results on Thursday, February 20th. The business services provider reported $41.55 earnings per share for the quarter, topping the consensus estimate of $35.82 by $5.73. Booking had a negative return on equity of 159.34% and a net margin of 24.78%. The business had revenue of $5.47 billion for the quarter, compared to analyst estimates of $5.18 billion.

Institutional Investors Weigh In On Booking

Several large investors have recently made changes to their positions in the business. GAMMA Investing LLC increased its holdings in Booking by 521,609.7% in the 1st quarter. GAMMA Investing LLC now owns 2,363,345 shares of the business services provider’s stock valued at $10,887,718,000 after purchasing an additional 2,362,892 shares in the last quarter. Proficio Capital Partners LLC lifted its position in Booking by 621,874.8% during the 4th quarter. Proficio Capital Partners LLC now owns 864,545 shares of the business services provider’s stock worth $4,295,423,000 after acquiring an additional 864,406 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Booking by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 803,125 shares of the business services provider’s stock worth $3,986,244,000 after acquiring an additional 6,009 shares during the period. Norges Bank acquired a new stake in Booking in the fourth quarter valued at approximately $1,958,352,000. Finally, Northern Trust Corp lifted its position in shares of Booking by 18.8% during the fourth quarter. Northern Trust Corp now owns 368,628 shares of the business services provider’s stock worth $1,831,499,000 after purchasing an additional 58,357 shares in the last quarter. Institutional investors and hedge funds own 92.42% of the company’s stock.

Booking Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 7th were issued a $9.60 dividend. This is a positive change from Booking’s previous quarterly dividend of $8.75. The ex-dividend date was Friday, March 7th. This represents a $38.40 annualized dividend and a yield of 0.85%. Booking’s dividend payout ratio (DPR) is presently 22.19%.

About Booking

Booking Holdings Inc, formerly The Priceline Group Inc, is a provider of travel and restaurant online reservation and related services. The Company, through its online travel companies (OTCs), connects consumers wishing to make travel reservations with providers of travel services across the world. It offers consumers an array of accommodation reservations (including hotels, bed and breakfasts, hostels, apartments, vacation rentals and other properties) through its Booking.com, priceline.com and agoda.com brands.