Wedbush Issues Pessimistic Estimate for Booking Earnings

Booking Holdings Inc. (NASDAQ:BKNG) – Stock analysts at Wedbush reduced their Q2 2025 earnings per share estimates for Booking in a report issued on Thursday, October 31st. Wedbush analyst S. Devitt now expects that the business services provider will earn $48.88 per share for the quarter, down from their previous estimate of $51.01. Wedbush has a “Outperform” rating and a $4,750.00 price objective on the stock. The consensus estimate for Booking’s current full-year earnings is $177.37 per share. Wedbush also issued estimates for Booking’s Q4 2025 earnings at $40.78 EPS, FY2025 earnings at $206.46 EPS and FY2026 earnings at $233.16 EPS.

Other research analysts have also issued reports about the stock. UBS Group lifted their price objective on shares of Booking from $5,050.00 to $5,550.00 and gave the company a “buy” rating in a research note on Thursday. B. Riley boosted their price objective on Booking from $4,650.00 to $5,100.00 and gave the company a “buy” rating in a research note on Thursday. Deutsche Bank Aktiengesellschaft cut their target price on Booking from $4,275.00 to $4,105.00 and set a “buy” rating for the company in a research note on Friday, August 2nd. JPMorgan Chase & Co. decreased their price target on Booking from $4,025.00 to $3,860.00 and set an “overweight” rating on the stock in a research report on Friday, August 2nd. Finally, Truist Financial initiated coverage on shares of Booking in a research note on Friday, September 6th. They set a “hold” rating and a $4,100.00 price objective for the company. Eleven analysts have rated the stock with a hold rating, twenty-one have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $4,496.43.

Booking Stock Up 4.8 %

BKNG opened at $4,676.25 on Friday. The company has a market capitalization of $156.75 billion, a price-to-earnings ratio of 31.73, a PEG ratio of 1.45 and a beta of 1.40. The firm has a 50-day moving average price of $4,118.59 and a 200-day moving average price of $3,872.22. Booking has a twelve month low of $2,756.13 and a twelve month high of $4,856.60.

Booking (NASDAQ:BKNG) last announced its quarterly earnings data on Wednesday, October 30th. The business services provider reported $83.89 earnings per share for the quarter, topping the consensus estimate of $77.94 by $5.95. The company had revenue of $7.99 billion during the quarter, compared to analyst estimates of $7.63 billion. Booking had a negative return on equity of 165.63% and a net margin of 21.85%.

Hedge Funds Weigh In On Booking

A number of large investors have recently bought and sold shares of the stock. Vanguard Group Inc. increased its stake in shares of Booking by 0.4% in the first quarter. Vanguard Group Inc. now owns 2,954,450 shares of the business services provider’s stock worth $10,718,390,000 after buying an additional 12,456 shares during the period. Janus Henderson Group PLC grew its holdings in Booking by 4.5% in the 1st quarter. Janus Henderson Group PLC now owns 514,336 shares of the business services provider’s stock worth $1,865,949,000 after acquiring an additional 21,969 shares during the last quarter. Ninety One UK Ltd increased its position in shares of Booking by 3.1% in the second quarter. Ninety One UK Ltd now owns 358,720 shares of the business services provider’s stock valued at $1,421,069,000 after acquiring an additional 10,889 shares during the period. Mawer Investment Management Ltd. raised its stake in shares of Booking by 29.2% during the first quarter. Mawer Investment Management Ltd. now owns 193,515 shares of the business services provider’s stock valued at $702,049,000 after acquiring an additional 43,743 shares during the last quarter. Finally, Nordea Investment Management AB boosted its holdings in shares of Booking by 22.1% during the first quarter. Nordea Investment Management AB now owns 159,956 shares of the business services provider’s stock worth $584,492,000 after purchasing an additional 28,904 shares during the period. 92.42% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Booking news, insider Paulo Pisano sold 100 shares of the company’s stock in a transaction dated Tuesday, August 27th. The shares were sold at an average price of $3,887.61, for a total transaction of $388,761.00. Following the completion of the sale, the insider now directly owns 3,787 shares in the company, valued at $14,722,379.07. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 0.12% of the stock is owned by corporate insiders.

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.