KeyCorp Has Bullish Outlook for Booking FY2026 Earnings

Key Points

• KeyCorp raised its FY2026 EPS forecast for Booking to $10.62 from $10.42, above the analyst consensus estimate of $10.24.
• Booking beat quarterly estimates, reporting EPS of $4.66 versus $4.49 expected and revenue of $9.79 billion versus $9.55 billion expected; revenue nevertheless declined 1.2% year over year.
• Analyst sentiment is generally positive: MarketBeat data shows a “Moderate Buy” consensus rating and an average price target of $222.35.

Booking Holdings Inc. (NASDAQ:BKNG - Free Report) - Equities researchers at KeyCorp increased their FY2026 EPS estimates for Booking in a report issued on Wednesday, November 4th. KeyCorp analyst S. Segura now forecasts that the business services provider will earn $10.62 per share for the year, up from their prior estimate of $10.42. The consensus estimate for Booking's current full-year earnings is $10.24 per share.

Other equities analysts have also recently issued reports about the stock. Oppenheimer reiterated an "outperform" rating and set a $240.00 price objective (up from $215.00) on shares of Booking in a research report on Wednesday, August 5th. Barclays decreased their target price on Booking from $210.00 to $170.00 and set an "overweight" rating for the company in a research report on Wednesday, November 4th. Citizens Jmp initiated coverage on Booking in a report on Wednesday, November 4th. They set a "hold" rating on the stock. BMO Capital Markets reissued an "outperform" rating and set a $245.00 price target on shares of Booking in a research report on Wednesday, November 4th. Finally, DA Davidson set a $240.00 price target on Booking in a research report on Thursday, August 6th. Two analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $222.35.

Booking Stock Performance

Shares of NASDAQ:BKNG opened at $159.26 on Wednesday. The firm has a 50 day simple moving average of $164.85 and a 200 day simple moving average of $175.68. Booking has a 52 week low of $146.28 and a 52 week high of $220.81. The company has a market cap of $118.44 billion, a PE ratio of 17.18, a price-to-earnings-growth ratio of 1.05 and a beta of 1.17.

Booking (NASDAQ:BKNG - Get Free Report) last announced its earnings results on Tuesday, November 3rd. The business services provider reported $4.66 EPS for the quarter, topping the consensus estimate of $4.49 by $0.17. Booking had a net margin of 25.52% and a negative return on equity of 89.54%. The company had revenue of $9.79 billion during the quarter, compared to analysts' expectations of $9.55 billion. During the same period last year, the company posted $99.50 earnings per share. The business's revenue for the quarter was down 1.2% on a year-over-year basis.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of BKNG. BlackRock Inc. acquired a new stake in shares of Booking during the 2nd quarter valued at about $11,646,302,000. State Street Corp increased its holdings in Booking by 2,674.6% in the second quarter. State Street Corp now owns 39,420,711 shares of the business services provider's stock worth $7,026,348,000 after buying an additional 37,999,915 shares during the last quarter. Deutsche Bank AG acquired a new position in Booking in the second quarter worth approximately $1,691,186,000. Bank of New York Mellon Corp bought a new position in Booking during the second quarter valued at approximately $1,370,455,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Booking by 2,525.5% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 6,101,866 shares of the business services provider's stock valued at $1,087,597,000 after acquiring an additional 5,869,459 shares in the last quarter. Hedge funds and other institutional investors own 92.42% of the company's stock.

Insider Activity at Booking

In other Booking news, Director Vanessa Wittman sold 375 shares of the stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $211.00, for a total value of $79,125.00. Following the completion of the sale, the director owned 16,133 shares in the company, valued at $3,404,063. This represents a 2.27% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Paulo Pisano sold 3,000 shares of Booking stock in a transaction on Monday, August 31st. The shares were sold at an average price of $203.48, for a total transaction of $610,440.00. Following the sale, the insider directly owned 73,400 shares of the company's stock, valued at $14,935,432. This trade represents a 3.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 57,425 shares of company stock worth $11,783,564 in the last 90 days. 0.17% of the stock is owned by corporate insiders.

Booking Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Friday, December 11th will be paid a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 1.1%. The ex-dividend date is Friday, December 11th. Booking's dividend payout ratio is currently 18.12%.

Booking Company Profile

Booking Holdings Inc. is an online travel company that connects travelers with accommodations and other travel services. Through its digital platforms, customers can search for and book hotels, vacation rentals, flights, rental cars, attractions and other travel experiences. The company operates a portfolio of consumer brands, including Booking.com, Priceline, Agoda, KAYAK, Rentalcars.com and OpenTable. Its services span accommodation reservations, travel search and comparison, car rentals, and restaurant reservations.

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