Booking Holdings Stock Rises on Strong Earnings Ranked 80th in $0.95B Trading Volume

On August 28, 2025, Booking Holdings (BKNG) rose 0.65%, trading with a volume of $0.95 billion, ranking 80th in market activity. The stock’s performance followed its second-quarter earnings report, which exceeded expectations. Revenue grew 16% year-over-year to $6.8 billion, driven by higher payments and lower merchandising spend, surpassing the high end of guidance by 4 percentage points. Earnings per share reached $55.40, a 32.2% increase, with adjusted EBITDA expanding 28% to $2.4 billion, reflecting strong operational leverage.

Key growth areas included alternative accommodations, which saw an 8% year-over-year increase in listings to 8.4 million, and connected trip transactions, up 30%. Room nights grew 7.7% to 309 million, fueled by demand in Europe and Asia. The company also highlighted progress in AI integration and loyalty programs. Marketing expenses as a percentage of gross bookings stabilized at 4.6%, while fixed operating costs rose 11%, primarily due to higher compensation and cloud expenses.

For the third quarter, Booking Holdings projected room night growth of 3.5-5.5% and revenue growth of 7-9%. Full-year guidance anticipates low double-digit gross booking and revenue growth, with adjusted EBITDA expected to rise in the mid-teens. Despite downward revisions to earnings estimates post-earnings, the stock maintains a strong growth profile, though momentum indicators suggest caution. The company’s balance sheet remains robust, with $18.2 billion in cash and investments as of June 30, 2025.

Query limits were exceeded during data retrieval, indicating potential technical constraints in accessing further analysis.