B. Riley Has Optimistic Outlook of Booking Q3 Earnings

Booking Holdings Inc. (NASDAQ:BKNG) – Equities researchers at B. Riley upped their Q3 2025 earnings estimates for shares of Booking in a report issued on Wednesday, July 30th. B. Riley analyst N. Khan now anticipates that the business services provider will post earnings per share of $99.52 for the quarter, up from their previous estimate of $97.32. B. Riley has a “Buy” rating and a $6,700.00 price target on the stock. The consensus estimate for Booking’s current full-year earnings is $209.92 per share. B. Riley also issued estimates for Booking’s Q4 2025 earnings at $48.44 EPS, FY2025 earnings at $227.48 EPS, Q4 2026 earnings at $57.83 EPS, FY2028 earnings at $373.09 EPS and FY2029 earnings at $454.29 EPS.

Several other brokerages have also recently weighed in on BKNG. Wells Fargo & Company raised their price objective on Booking from $5,411.00 to $5,418.00 and gave the company an “equal weight” rating in a research note on Wednesday. Benchmark raised their price objective on Booking from $6,000.00 to $6,200.00 and gave the company a “buy” rating in a research note on Wednesday. Piper Sandler reiterated a “neutral” rating and set a $5,750.00 target price (up from $5,077.00) on shares of Booking in a research note on Wednesday. UBS Group lifted their target price on Booking from $5,750.00 to $6,300.00 and gave the stock a “buy” rating in a research note on Monday, July 28th. Finally, Citigroup lifted their target price on Booking from $5,560.00 to $6,500.00 and gave the stock a “buy” rating in a research note on Wednesday. Eleven investment analysts have rated the stock with a hold rating, nineteen have given a buy rating and three have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $5,781.04.

Booking Trading Down 2.1%

Shares of NASDAQ:BKNG opened at $5,386.29 on Friday. The stock’s fifty day simple moving average is $5,568.80 and its two-hundred day simple moving average is $5,074.51. Booking has a 1-year low of $3,180.00 and a 1-year high of $5,839.41. The stock has a market cap of $174.57 billion, a PE ratio of 37.46, a price-to-earnings-growth ratio of 1.59 and a beta of 1.41.

Booking (NASDAQ:BKNG) last issued its quarterly earnings data on Tuesday, July 29th. The business services provider reported $55.40 earnings per share for the quarter, beating the consensus estimate of $50.32 by $5.08. Booking had a negative return on equity of 134.19% and a net margin of 19.23%. The business had revenue of $6.80 billion for the quarter, compared to analysts’ expectations of $6.54 billion. During the same period last year, the business earned $41.90 EPS. The business’s revenue was up 16.0% on a year-over-year basis.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. grew its holdings in shares of Booking by 1.0% during the first quarter. Vanguard Group Inc. now owns 2,956,462 shares of the business services provider’s stock worth $13,620,154,000 after purchasing an additional 30,054 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of Booking by 521,609.7% during the first quarter. GAMMA Investing LLC now owns 2,363,345 shares of the business services provider’s stock worth $10,887,718,000 after purchasing an additional 2,362,892 shares in the last quarter. Northern Trust Corp grew its holdings in shares of Booking by 0.5% during the first quarter. Northern Trust Corp now owns 370,327 shares of the business services provider’s stock worth $1,706,063,000 after purchasing an additional 1,699 shares in the last quarter. Deutsche Bank AG grew its holdings in shares of Booking by 6.6% during the first quarter. Deutsche Bank AG now owns 296,331 shares of the business services provider’s stock worth $1,365,170,000 after purchasing an additional 18,268 shares in the last quarter. Finally, Sanders Capital LLC grew its holdings in shares of Booking by 1.4% during the fourth quarter. Sanders Capital LLC now owns 285,064 shares of the business services provider’s stock worth $1,416,318,000 after purchasing an additional 3,926 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 news, CEO Glenn D. Fogel sold 1,013 shares of the business’s 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 of the company’s stock, valued at approximately $151,674,935. The trade was a 3.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold a total of 3,039 shares of company stock worth $16,963,769 over the last ninety days. 0.16% of the stock is currently owned by insiders.

Booking Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Friday, September 5th will be issued a dividend of $9.60 per share. The ex-dividend date of this dividend is Friday, September 5th. This represents a $38.40 annualized dividend and a dividend yield of 0.7%. Booking’s payout ratio is presently 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.