Wedbush Issues Positive Outlook for Booking Earnings

Key Points

• Wedbush has increased its Q3 2025 earnings per share (EPS) estimate for Booking Holdings Inc. to $95.36 from a previous estimate of $94.26, maintaining a "Neutral" rating with a price target of $5,900.00.
• Booking's recent earnings report showed an EPS of $55.40, exceeding expectations of $50.32 and reflecting a year-over-year revenue increase of 16.0%.
• Booking has received multiple positive ratings from analysts, including a "buy" rating from UBS Group with a new price target of $6,300.00, indicating strong market confidence in its future performance.

Booking Holdings Inc. (NASDAQ:BKNG - Free Report) - Equities research analysts at Wedbush upped their Q3 2025 earnings per share (EPS) estimates for Booking in a research report issued to clients and investors on Wednesday, October 22nd. Wedbush analyst S. Devitt now forecasts that the business services provider will post earnings per share of $95.36 for the quarter, up from their previous estimate of $94.26. Wedbush has a "Neutral" rating and a $5,900.00 price objective 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 Q4 2025 earnings at $48.16 EPS and FY2026 earnings at $256.82 EPS.

Booking (NASDAQ:BKNG - Get Free Report) last released its earnings results on Tuesday, July 29th. The business services provider reported $55.40 EPS for the quarter, topping analysts' consensus estimates of $50.32 by $5.08. Booking had a net margin of 19.23% and a negative return on equity of 134.19%. The company had revenue of $6.80 billion during the quarter, compared to analysts' expectations of $6.54 billion. During the same period last year, the business earned $41.90 EPS. Booking's revenue for the quarter was up 16.0% on a year-over-year basis. Booking has set its Q3 2025 guidance at EPS.

BKNG has been the topic of several other reports. BMO Capital Markets reaffirmed an "outperform" rating and issued a $6,000.00 price objective (up from $5,700.00) on shares of Booking in a report on Wednesday, July 30th. Bank of America upped their price target on shares of Booking from $5,820.00 to $5,850.00 and gave the company a "neutral" rating in a report on Thursday, July 24th. UBS Group lifted their price objective on Booking from $5,750.00 to $6,300.00 and gave the company a "buy" rating in a research note on Monday, July 28th. Morgan Stanley set a $5,650.00 price objective on Booking and gave the company an "equal weight" rating in a report on Wednesday, July 30th. Finally, Weiss Ratings reaffirmed a "buy (b)" rating on shares of Booking in a report on Tuesday, October 14th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $5,994.00.

Booking Price Performance

NASDAQ BKNG opened at $5,093.47 on Friday. Booking has a 1 year low of $4,096.23 and a 1 year high of $5,839.41. The company has a market cap of $165.08 billion, a price-to-earnings ratio of 35.42, a PEG ratio of 1.62 and a beta of 1.35. The stock's fifty day moving average price is $5,438.95 and its 200 day moving average price is $5,353.66.

Insider Activity at Booking

In other Booking news, CEO Glenn D. Fogel sold 1,013 shares of the firm's stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $5,516.92, for a total value of $5,588,639.96. Following the sale, the chief executive officer directly owned 23,607 shares of the company's stock, valued at approximately $130,237,930.44. This trade represents a 4.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Larry Quinlan sold 64 shares of the company's stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $5,511.80, for a total value of $352,755.20. Following the transaction, the director directly owned 131 shares of the company's stock, valued at approximately $722,045.80. The trade was a 32.82% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 3,197 shares of company stock worth $17,260,963 in the last 90 days. Corporate insiders own 0.16% of the company's stock.

Institutional Investors Weigh In On Booking

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Brighton Jones LLC increased its stake in shares of Booking by 34.9% during the fourth quarter. Brighton Jones LLC now owns 251 shares of the business services provider's stock worth $1,249,000 after purchasing an additional 65 shares in the last quarter. Revolve Wealth Partners LLC acquired a new stake in Booking in the 4th quarter worth about $209,000. GAMMA Investing LLC increased its stake in Booking by 13.2% during the 1st quarter. GAMMA Investing LLC now owns 513 shares of the business services provider's stock worth $2,363,000 after buying an additional 60 shares in the last quarter. Oppenheimer & Co. Inc. raised its holdings in shares of Booking by 57.9% during the first quarter. Oppenheimer & Co. Inc. now owns 221 shares of the business services provider's stock valued at $1,018,000 after acquiring an additional 81 shares during the last quarter. Finally, Legacy Advisors LLC lifted its position in shares of Booking by 13.1% in the first quarter. Legacy Advisors LLC now owns 95 shares of the business services provider's stock valued at $438,000 after acquiring an additional 11 shares in the last quarter. Hedge funds and other institutional investors own 92.42% of the company's stock.

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.

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