Booking Holdings is expected to report Q4 2025 revenue of $5.42 billion and earnings per share of $47.58, with the current stock price of $5,420.15 sitting below the average analyst price target of $5,850.00.
Investors are primarily focused on Room Nights Sold as the key barometer for global leisure travel demand and the company's ongoing market share stability.
Recent performance has been bolstered by the "Connected Trip" strategy and increased direct-to-consumer app bookings, which continue to improve transaction margins. However, analysts remain attentive to potential cooling in the European market and the long-term impact of generative AI on travel search behaviors.