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Booking Holdings (BKNG)

Consumer Cyclical High quality

Booking Holdings is the digital travel giant behind brands like Booking.com, Agoda, and Kayak, helping millions of people book their next holiday or business trip.

$192.90

Is Booking Holdings a good stock for a UK beginner?

The honest version: Booking Holdings is the digital travel giant behind brands like Booking.com, Agoda, and Kayak, helping millions of people book their next holiday or business trip.

No rating · no target price · nothing for sale here
Price+31.6%
= past earnings-report date
Priced in USD - as a UK investor your £ return also moves with the pound-to-dollar exchange rate, on top of the share price itself.
52-week range-18% past year
$192.90
Low $150.14High $231.80
Where today's price sits versus its past year - context, not a signal.
If you had put $1,000 into Booking Holdings
$1,316+32%

Over about 2 years to 2026-07-31. This is the share price only - reinvesting the dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.

Market cap: The company's total value on the stock market - share price times the number of shares. Big = 'large-cap', small = 'small-cap'.
$149.47B
Avg volume: How many shares change hands on a typical day. Higher means it's easy to buy or exit without moving the price.
7.46M
Day range: The lowest and highest price the shares traded at during the latest day.
$190.81 – $194.96
52-week range: The lowest and highest the shares have traded over the past year - a sense of how wide the swings have been.
$150.14 – $231.80
P/E ratio: Price-to-earnings: the share price divided by yearly profit per share. Lower can mean cheaper; higher often means investors expect fast growth.
25.5
Dividend yield: The yearly dividend as a percentage of the share price - roughly the income you'd earn from dividends alone.
0.8%
Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down.
1.07
How bumpy is it?Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down. 1.07
Calm
Wild
Roughly in step with the market

Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.

Why has it been moving?▲ +4% past week · ▼ -18% past year

Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.

The bull case

Global travel becomes a permanent priority for consumers, driving long-term volume.

The bear case

Major shifts in how people book travel make the current platform model obsolete.

What does Booking Holdings do?

The company acts as a massive online middleman, connecting travellers with hotels, flights, and car rentals, and taking a commission fee for every booking made through its platforms. Because it doesn't own the hotels or planes itself, it runs a very efficient business model with high profit margins. A lot rides on whether global travel demand holds up, as people tend to cut back on holidays when money is tight.

VQGMI
Factor profile

On our factor screen it looks strongest on quality and growth, and weakest on momentum.

Value: How cheap the stock looks versus profits, sales and assets (higher = cheaper). 61Quality: How profitable and financially healthy the company is (higher = stronger). 87Growth: How fast revenue and earnings are growing (higher = faster). 80Momentum: How the share price has been trending recently (higher = stronger recent run). 48Income: The dividend income on offer and how sustainable it looks (higher = more/steadier). 62
Quick checks
What's strong
  • Quality screens high (87/100)
  • Growth screens high (80/100)
  • Dominant market position in online travel
  • Very high profit margins due to the digital-only model
  • Strong recent growth in earnings
What to watch
  • Global events like pandemics or geopolitical tension can halt travel instantly
  • Regulatory changes regarding how online platforms operate
  • Changes in consumer habits away from third-party booking sites

What do Booking Holdings's numbers mean?

P/E
23.5
This shows how much you are paying for every pound of the company's current annual profit.
Forward P/E
14.3
This looks at the price relative to expected future profits, suggesting analysts think the company will become more profitable soon.
Gross margin
87.0%
This indicates that for every pound of revenue, the company keeps 87 pence after paying the direct costs of providing its services.
Beta
1.1
This measures how much the share price tends to swing compared to the wider stock market; a score of 1.1 means it is slightly more volatile than average.

How much money does Booking Holdings make?

Revenue and profit by quarter, and how much of each sale turns into profit.

RevenueNet income
$0$2.25B$4.50B$6.76B$9.01BQ1 25Q2 25Q3 25Q4 25Q1 26
Gross margin
87.0%
Net margin
22.2%

Does Booking Holdings pay a dividend?

Yes - Booking Holdings currently pays a dividend of about 0.8% a year (the yearly payout as a share of the price). A dividend is a slice of profit handed to shareholders; the yield moves as the price moves, and a company can cut or stop it.

When does Booking Holdings report earnings, and how did recent quarters go?

Booking Holdings is next scheduled to report on about 2026-08-04 - dates can move, and we don't predict results; this just tells you when to look.

Each quarter a company reports its results against what analysts expected. ‘Beating’ or ‘missing’ is about that expectation, not whether the business is doing well in absolute terms.

ReportedExpected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number.Actual EPSvs expected
2026-04-28$1.08$1.14Beat +6%
2026-02-18$1.95$1.95In line
2025-10-28$3.84$3.98Beat +4%
2025-07-29$2.02$2.22Beat +10%
2025-04-29$0.70$0.99Beat +41%
2025-02-20$1.44$1.66Beat +15%

Across the last 6 quarters here, Booking Holdings came in ahead of what analysts expected 5 times. One quarter is noise, not a trend.

See who else reports over the next two weeks →

Reported vs expected earnings per share (EPS) from published results; the expectation is the analyst consensus, not our view. Report dates are estimates that can move.

More in Consumer Cyclical

Expedia GroupeBay Inc.Hilton Worldwide Holdings Inc.Yum! Brands, Inc.Las Vegas Sands Corp.Marriott International, Inc.Casey's General Stores, Inc.Ross Stores, Inc.

What are the scenarios for Booking Holdings?

An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.

$225$193$150today · $193▲ Bull · $207• Base · $193▼ Bear · $178in 1 yearILLUSTRATIVE · NOT A PREDICTION OR PRICE TARGET
Bull
+5% to +10%A surge in summer holiday bookings boosts short-term revenue.
Base
-2% to +2%Travel demand remains steady in line with seasonal norms.
Bear
-5% to -10%Unexpected economic headwinds cause a sudden drop in travel spending.

What are the pros and cons of Booking Holdings?

3bull points
6bear points

How many points the write-up makes each way — a balance check, not a score or verdict.

The bull case3
  • Dominant market position in online travel
  • Very high profit margins due to the digital-only model
  • Strong recent growth in earnings
The catch3
  • Highly sensitive to the health of the global economy
  • Faces intense competition from other travel sites and direct hotel bookings
  • Share price has seen significant volatility over the past year
Key risks3
  • Global events like pandemics or geopolitical tension can halt travel instantly
  • Regulatory changes regarding how online platforms operate
  • Changes in consumer habits away from third-party booking sites
What would flip the thesis

The write-up's own warning lights — if these start happening, the case above changes.

Confidence: medium · data: USD · flags: roe · Charts by TradingView Lightweight Charts™
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Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →

This plain-English summary was auto-generated on 2026-08-01 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.

Figures as of 2026-08-01. Prices may be delayed and numbers can go stale - always double-check before acting.