New York, Feb 16, 2026, 17:41 EST — Market closed
- Booking last closed at $4,140.60 on Friday, down 0.44%, after touching a 52-week low.
- U.S. exchanges were shut on Monday for Washington’s Birthday; trading resumes Tuesday.
- Investors are bracing for Booking’s Feb. 18 results and 2026 outlook.
Booking Holdings Inc’s common stock (BKNG) last closed at $4,140.60 on Friday, down 0.44%, after it slid to $4,071.60 — the bottom of its 52-week range. The shares are down about 19% from Feb. 2, the first session of the month, based on daily closes. (Investing)
U.S. markets were dark on Monday for the Washington’s Birthday holiday, a pause that gives traders one more night to reprice travel names after a sharp February pullback. Stocks resume trading on Tuesday. (New York Stock Exchange)
Booking said it will post fourth-quarter and full-year 2025 results at about 4:00 p.m. ET on Wednesday, Feb. 18, and host a conference call at 4:30 p.m. ET. (Booking Holdings –)
The report will put the focus back on basics: gross bookings — the total dollar value of travel reservations on the platform — and “room nights,” or the number of nights travelers book. Traders will also watch how much Booking spends to pull in customers as competition heats up across travel search and metasearch.
A growing part of the debate has little to do with hotel demand and more to do with where the clicks come from. Citizens analysts Matthew Condon and Andrew Boone have warned that AI could “collapse the traditional travel funnel into a single, conversational interface,” and they flagged pressure on “take rates” — the share of a booking’s value an agency keeps as revenue. (Investing)
Peers have not helped calm nerves. Expedia’s finance chief Scott Schenkel said the company remains “appropriately cautious due to ongoing macro uncertainty,” language traders have applied broadly across consumer travel ahead of Booking’s print. (Reuters)
But the risk cuts both ways. If Booking’s outlook leans conservative on spring travel or shows marketing costs rising faster than sales, investors could keep dumping the stock while it is sitting near its lows.
The next catalysts are tightly packed: the first full session after the U.S. holiday on Tuesday, then Booking’s numbers and call on Wednesday, when management’s tone on demand, costs and AI-driven changes to travel search will likely set the stock’s next move.
