← Back to signals
BKNG
LONGINSIDER SELLBOOKING HOLDINGS INC
Funds
3
Score
4.50
vs SPY
-16.9%
Stock return (since Q-end)
-0.6%
SPY return (since Q-end)
+16.3%
Current price
$167.43
News Summary
NegativeBooking Holdings beat Q1 2026 earnings expectations across all metrics with strong revenue growth (16.2% YoY) and a 225% net income surge, yet immediately cut full-year guidance citing Middle East conflict impacts and weaker forward bookings. The company executed a historic 25-for-1 stock split and returned record capital ($3.6B+ in buybacks), while advancing AI initiatives and expanding its platform, but near-term visibility remains constrained by geopolitical headwinds and persistent macroeconomic uncertainty.
Red flags
- •Full-year 2026 guidance cut to high single digits (down from prior high single to low double-digit expectations) despite Q1 beat
- •Q2 2026 guidance of only 2-4% room night growth and 4-6% bookings/revenue growth signals significant deceleration
- •Middle East conflict creating material headwinds through June 2026 with cancellations and weaker forward bookings
- •Stock declined 2.3% immediately after earnings despite beating estimates, signaling investor concern over guidance and outlook
- •Increased debt issuance ($750M senior notes plus EUR 1.9B) in elevated rate environment raises leverage concerns
- •Multiple analyst downgrades post-split (Barclays to $220, Bernstein SocGen to $188) with Neutral ratings citing limited near-term visibility
Funds Buying (3)
| Fund | Manager | Shares Held | ∆ Shares | Position Value | QoQ | Status |
|---|---|---|---|---|---|---|
| Point72 | Steve Cohen | 7K | +7K | $31.1B | — | NEW |
| Lone Pine Capital | Steve Mandel | 2K | +2K | $10.1B | — | NEW |
| Maverick Capital | Lee Ainslie | 175 | +175 | $737M | — | NEW |
Shares Held and Position Value reflect total quarter-end holdings. ∆ Shares is the change from the prior quarter.
Insider Activity
| Name | Title | Type | Shares | Price | Value | Filed |
|---|---|---|---|---|---|---|
| MILLONES PETER J | EXECUTIVE VP, GENERAL COUNSEL | SELL | 20K | $162.96 | $3.32M | 2026-05-26 |
| MILLONES PETER J | EXECUTIVE VP, GENERAL COUNSEL | SELL | 29K | $163.58 | $4.81M | 2026-05-26 |
| MILLONES PETER J | EXECUTIVE VP, GENERAL COUNSEL | SELL | 7K | $164.64 | $1.23M | 2026-05-26 |
| MILLONES PETER J | EXECUTIVE VP, GENERAL COUNSEL | SELL | 5K | $165.56 | $0.87M | 2026-05-26 |
| WITTMAN VANESSA AMES | — | SELL | 1K | $192.00 | $0.22M | 2026-04-17 |
| Fogel Glenn D | CEO AND PRESIDENT | SELL | 340 | $183.00 | $0.06M | 2026-04-15 |
| Fogel Glenn D | CEO AND PRESIDENT | SELL | 4K | $184.35 | $0.76M | 2026-04-15 |
| Fogel Glenn D | CEO AND PRESIDENT | SELL | 5K | $185.36 | $0.88M | 2026-04-15 |
| Fogel Glenn D | CEO AND PRESIDENT | SELL | 7K | $186.01 | $1.39M | 2026-04-15 |