Booking Holdings Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Booking Holdings Inc. BKNG is expected to release earnings results for its fourth quarter, after the closing bell on Feb. 22, 2024.

Analysts expect the company to report quarterly earnings at $29.56 per share, up from year-ago earnings of $24.74 per share. The company is projected to post revenue of $4.71 billion for the latest quarter, compared to $4.05 billion in the year-earlier quarter, according to data from Benzinga Pro.

Booking Holdings named Ewout Steenbergen as new Executive Vice President and Chief Financial Officer, effective March 15, 2024.

Booking shares rose 1.1% to close at $3,741.13 on Wednesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• Seaport Global analyst Aaron Kessler initiated coverage on the stock with a Buy rating and a price target of $4,380 on Feb. 20, 2024. This analyst has an accuracy rate of 75%.
• UBS analyst Lloyd Walmsley maintained a Buy rating and raised the price target from $4,000 to $4,200 on Feb. 5, 2024. This analyst has an accuracy rate of 85%.
• Goldman Sachs analyst Eric Sheridan maintained a Neutral rating and raised the price target from $3,080 to $3,610 on Jan. 19, 2024. This analyst has an accuracy rate of 76%.
• Mizuho analyst James Lee maintained a Buy rating and boosted the price target from $3,580 to $4,250 on Jan. 17, 2024. This analyst has an accuracy rate of 77%.
• Wells Fargo analyst Ken Gawrelski upgraded the stock from Underweight to Equal-Weight and raised the price target from $2,402 to $3,459 on Jan. 2, 2024. This analyst has an accuracy rate of 71%.

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