What's the outlook for Booking Holdings' revenue in 2025?

**Booking Holdings' revenue for 2025 is expected to be robust, driven by strategic initiatives and market leadership.** Here's a detailed analysis:

1. **Growth Projections**: The company targets a constant currency growth of at least 8% for gross bookings and revenue in 2025. This indicates a positive outlook for revenue growth.

2. **Market Position**: Booking Holdings is the leading online travel agency, with a strong global brand portfolio and market leadership in key regions. This position is expected to translate into continued market share and revenue growth.
3. **Strategic Initiatives**: The company's Connected Trip strategy aims to provide a seamless travel experience, which could enhance customer satisfaction and potentially increase average transaction values.
4. **Financial Performance**: The company has demonstrated strong financial performance, with gross profit margins of 84.67% and a "GREAT" financial health score of 3.29. This financial strength allows the company to invest in technology and marketing, supporting continued revenue growth.
5. **Analyst Ratings**: The consensus rating for Booking Holdings is "Neutral" with an average analyst price target of $5558.12, suggesting a belief in steady growth rather than a sudden spike. This target is higher than the current price, indicating potential upside.
6. **Recent Performance**: Booking Holdings has shown resilience in the face of evolving travel trends, with revenue growth of 11.2% in 2024. The fourth quarter of 2024 saw revenue exceed expectations, with gross bookings and revenue indicating strong consumer demand.

In conclusion, Booking Holdings is well-positioned for revenue growth in 2025, driven by its market leadership, strategic initiatives, and strong financial performance. The company's growth targets and analyst ratings support this positive outlook.