Wedbush Issues Optimistic Outlook for Booking Earnings

Booking Holdings Inc. (NASDAQ:BKNG) – Analysts at Wedbush boosted their Q2 2025 earnings estimates for Booking in a research note issued to investors on Friday, July 25th. Wedbush analyst S. Devitt now forecasts that the business services provider will post earnings of $50.48 per share for the quarter, up from their previous estimate of $49.94. 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 $95.64 EPS, Q4 2025 earnings at $45.00 EPS, FY2025 earnings at $215.55 EPS and FY2026 earnings at $250.65 EPS.

Booking (NASDAQ:BKNG) last released its quarterly earnings data on Tuesday, July 29th. The business services provider reported $55.40 EPS for the quarter, topping the consensus estimate of $50.05 by $5.35. Booking had a negative return on equity of 143.67% and a net margin of 22.58%. During the same quarter in the prior year, the company posted $41.90 EPS. Booking’s revenue for the quarter was up 16.0% on a year-over-year basis.

Several other research analysts have also recently issued reports on BKNG. JPMorgan Chase & Co. increased their target price on shares of Booking from $5,360.00 to $6,000.00 and gave the stock an “overweight” rating in a report on Wednesday, June 4th. UBS Group increased their price objective on shares of Booking from $5,750.00 to $6,300.00 and gave the company a “buy” rating in a research note on Monday. Bank of America boosted their price objective on shares of Booking from $5,820.00 to $5,850.00 and gave the stock a “neutral” rating in a research note on Thursday, July 24th. BMO Capital Markets upped their target price on Booking from $5,000.00 to $5,700.00 and gave the stock an “outperform” rating in a report on Wednesday, April 30th. Finally, Morgan Stanley cut their price target on Booking from $5,000.00 to $4,800.00 and set an “equal weight” rating on the stock in a report on Thursday, April 17th. Ten research analysts have rated the stock with a hold rating, twenty have assigned a buy rating and three have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Booking currently has a consensus rating of “Moderate Buy” and a consensus price target of $5,481.78.

Booking Trading Down 1.5%

Shares of Booking stock opened at $5,590.77 on Monday. The stock’s fifty day moving average price is $5,558.09 and its 200-day moving average price is $5,061.42. The firm has a market cap of $181.92 billion, a P/E ratio of 34.78, a P/E/G ratio of 1.71 and a beta of 1.40. Booking has a 12 month low of $3,180.00 and a 12 month high of $5,839.41.

Insider Buying and Selling

In other Booking news, CEO Glenn D. Fogel sold 1,013 shares of Booking stock in a transaction dated Tuesday, July 15th. The stock was sold at an average price of $5,695.00, for a total transaction of $5,769,035.00. Following the completion of the transaction, the chief executive officer owned 26,633 shares in the company, valued at approximately $151,674,935. This trade represents a 3.66% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders have sold 3,039 shares of company stock valued at $16,963,769 over the last 90 days. 0.16% of the stock is currently owned by corporate insiders.

Institutional Trading of Booking

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Wealth Preservation Advisors LLC purchased a new stake in Booking in the 1st quarter worth approximately $28,000. Atwood & Palmer Inc. acquired a new position in shares of Booking in the 2nd quarter valued at $29,000. Summit Securities Group LLC purchased a new stake in Booking during the fourth quarter worth $30,000. Bernard Wealth Management Corp. purchased a new stake in Booking during the fourth quarter worth $30,000. Finally, Keystone Global Partners LLC acquired a new stake in Booking during the first quarter valued at $32,000. 92.42% of the stock is owned by institutional investors and hedge funds.

Booking Company Profile

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.