Wedbush has upgraded Booking Holdings Inc (BKNG) to Outperform from Neutral, signaling a more favorable outlook for the travel and hospitality giant. This change, effective November 12, 2025, comes as the company continues to demonstrate resilience in the competitive online travel market.
Headquartered in Norwalk, Connecticut, Booking Holdings is a key player in the Hotels, Restaurants & Leisure industry. The firm operates multiple consumer-facing brands, including Booking.com, Priceline, and KAYAK, providing a wide array of travel services. With a market capitalization of $165.9 billion, Booking Holdings boasts a price-to-earnings ratio of 32.89 and an impressive earnings per share of 153.86.
The upgrade reflects a growing confidence in the company's fundamentals and strategic direction. Recent earnings reports have shown consistent performance, with Q3 2025 EPS of $99.50 surpassing estimates by 2%. Upcoming earnings are anticipated, with EPS estimates of $67.72 and $30.36 for Q2 and Q3 2026, respectively.
As of November 1, 2025, the analyst consensus on Booking Holdings stands at Buy, with 8 Strong Buy and 25 Buy ratings among 47 analysts. The announcement highlights a shift in sentiment that may influence investor perception and market dynamics moving forward.
Investor decisions should consider various factors, including company fundamentals and industry trends, alongside analyst ratings, which can evolve with new information.
This brief was generated from structured financial data and reviewed by the Investing Point editorial team. It is for informational purposes only and does not constitute investment advice.