Cantor Fitzgerald Predicts Booking FY2026 Earnings

Booking Holdings Inc. (NASDAQ:BKNG - Free Report) - Investment analysts at Cantor Fitzgerald issued their FY2026 earnings per share estimates for shares of Booking in a research note issued on Monday, June 9th. Cantor Fitzgerald analyst D. Mathivanan anticipates that the business services provider will post earnings of $253.89 per share for the year. Cantor Fitzgerald currently has a "Neutral" rating and a $4,330.00 target price on the stock. The consensus estimate for Booking's current full-year earnings is $209.92 per share.

Booking (NASDAQ:BKNG - Get Free Report) last announced its quarterly earnings results on Tuesday, April 29th. The business services provider reported $24.81 earnings per share for the quarter, topping analysts' consensus estimates of $17.57 by $7.24. Booking had a net margin of 24.78% and a negative return on equity of 159.34%. The firm had revenue of $4.76 billion during the quarter, compared to analysts' expectations of $4.58 billion. During the same period in the prior year, the company earned $20.39 EPS. The firm's revenue was up 7.9% on a year-over-year basis.

A number of other equities research analysts have also weighed in on the company. Citigroup raised their price objective on Booking from $5,500.00 to $5,800.00 and gave the company a "buy" rating in a research note on Friday, February 21st. Erste Group Bank downgraded shares of Booking from a "strong-buy" rating to a "hold" rating in a report on Monday, March 17th. UBS Group cut their target price on Booking from $5,960.00 to $5,557.00 and set a "buy" rating on the stock in a research note on Monday, April 28th. BTIG Research raised shares of Booking from a "neutral" rating to a "buy" rating and set a $5,500.00 price objective for the company in a report on Friday, April 4th. Finally, Wells Fargo & Company increased their price target on Booking from $4,567.00 to $4,692.00 and gave the company an "equal weight" rating in a research note on Wednesday, April 30th. Ten analysts have rated the stock with a hold rating, twenty have given a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, Booking currently has an average rating of "Moderate Buy" and an average price target of $5,388.37.

Booking Price Performance

Booking stock traded down $51.43 during midday trading on Tuesday, hitting $5,487.98. 178,598 shares of the company were exchanged, compared to its average volume of 246,834. The company has a market cap of $178.58 billion, a PE ratio of 31.72, a price-to-earnings-growth ratio of 1.71 and a beta of 1.41. The company's fifty day moving average price is $5,007.30 and its 200-day moving average price is $4,933.57. Booking has a fifty-two week low of $3,180.00 and a fifty-two week high of $5,639.70.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. GAMMA Investing LLC boosted its stake in shares of Booking by 521,609.7% during 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 buying an additional 2,362,892 shares during the period. Proficio Capital Partners LLC raised its holdings in shares of Booking by 621,874.8% during the fourth 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. Norges Bank acquired a new stake in Booking during the fourth quarter valued at $1,958,352,000. Pacer Advisors Inc. grew its stake in Booking by 1,411.9% in the first quarter. Pacer Advisors Inc. now owns 112,201 shares of the business services provider's stock valued at $516,900,000 after purchasing an additional 104,780 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its stake in Booking by 51.4% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 280,629 shares of the business services provider's stock valued at $1,394,283,000 after purchasing an additional 95,308 shares in the last quarter. 92.42% of the stock is owned by hedge funds and other institutional investors.

Booking Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 6th will be issued a dividend of $9.60 per share. This represents a $38.40 annualized dividend and a dividend yield of 0.70%. The ex-dividend date of this dividend is Friday, June 6th. Booking's dividend payout ratio is currently 23.89%.

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.