Booking Holdings Inc. is expected to see improved trends and growth in Q2

From Yahoo Finance: 2025-05-21 13:47:00

BTIG reiterated its Buy rating on Booking Holdings Inc. (BKNG) with a price target of $5,500, expecting improved trends in Q2 driven by increased room nights. Analyst Fuller anticipates the company will surpass Q2 room night outlook after reporting 300 million room nights in Q1, a 7% growth from last year.

Booking Holdings Inc. forecasts a 4-6% increase in room nights in Q2, with gross booking growth projected between 10-12% year-over-year. Adjusted EBITDA is expected to rise between 13-16% from last year, citing stable travel demand in the U.S. continuing into Q2.

Booking Holdings Inc. is a leading provider of travel and restaurant online reservations through brands like Booking.com, Agoda, and Priceline. The company reported exceeding 300 million room nights in Q1, a 7% growth from last year, and anticipates surpassing Q2 room night outlook.

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Read more: BTIG Keeps Buy Rating on Booking Holdings (BKNG), Maintains PT