DA Davidson, a prominent equities research firm, has released its highly anticipated third-quarter 2025 earnings estimates for Booking Holdings Inc. (NASDAQ: BKNG), providing a crucial outlook for investors tracking the business services sector. These projections offer a glimpse into the financial trajectory of one of the travel industry’s leading giants, influencing sentiment across the broader stock market.
Analyst T. White from DA Davidson projects Booking to achieve an impressive earnings per share of $96.10 for the upcoming quarter. Furthermore, the firm has reinforced its confidence in Booking Holdings stock, maintaining a “Buy” rating and setting an ambitious target price of $6,500.00, signaling strong potential for future growth. This analyst rating stands notably above the consensus full-year earnings estimate of $209.92 per share, indicating a bullish investment forecast from DA Davidson.
Looking back, Booking Holdings recently unveiled its second-quarter earnings results on Tuesday, July 29th, surpassing market expectations. The company reported earnings per share of $55.40, outperforming the consensus estimate of $50.32 by a significant margin. This robust performance was complemented by substantial revenue figures, reaching $6.80 billion for the quarter, exceeding the $6.54 billion consensus, alongside a commendable 16.0% year-over-year revenue increase.
The financial reports also shed light on Booking’s recent market movements. Shares opened at $5,386.29, with the company’s valuation standing at a remarkable $174.57 billion market capitalization. Investors monitor key metrics such as the P/E ratio of 37.46 and a PEG ratio of 1.59, alongside the 50-day and 200-day moving averages of $5,568.80 and $5,074.51 respectively, which provide insights into the stock’s current momentum and stability in the financial markets.
Institutional investor activity indicates strong confidence in Booking. Numerous hedge funds have recently adjusted their positions, with notable increases in holdings. For instance, Brighton Jones LLC significantly raised its stake, alongside new positions initiated by Revolve Wealth Partners LLC and Bryce Point Capital LLC. These movements underscore the substantial interest from major financial players in this prominent travel technology company, reflecting a positive investment forecast from a segment of sophisticated investors.
In addition to institutional trading, insider activity has also been observed. Booking’s CEO recently executed a sale of 1,013 shares, valued at over $5.7 million, slightly reducing their direct ownership in the company. Such insider transactions, while common, are closely watched by market participants as they can offer unique perspectives on the company’s internal outlook and future prospects, contributing to the ongoing financial analysis of the stock.
Shareholders can also anticipate a quarterly dividend payment. The company announced a dividend of $9.60 per share, set to be paid on Tuesday, September 30th, to shareholders of record by Friday, September 5th. This translates to an annualized dividend of $38.40 and a yield of 0.7%, indicating Booking Holdings’ commitment to returning value to its shareholders through consistent financial performance.
Booking Holdings Inc., formerly known as The Priceline Group Inc., stands as a global leader in online travel and restaurant reservation services. Through its diverse portfolio of brands, including Booking.com, priceline.com, and agoda.com, the company effectively connects consumers with a wide array of accommodation and travel service providers worldwide, cementing its position as a dominant force in the global travel market.