Travel and hospitality giants such as Booking Holdings (BKNG), Airbnb (ABNB), and Expedia (EXPE) will be in the spotlight as they release their financial results. These numbers will provide more details about their growth and the impact of tariffs on the travel industry. This article provides their forecasts ahead of their results.
Airbnb stock price analysis
Airbnb is a top player in the travel and hospitality industry, where it offers vacation rentals around the world. Its services are used by millions of people each quarter, because of their perceived cost advantages.
Airbnb’s business has been slowing in the past few years as competition from companies like Booking and Expedia rose. The most recent results showed that its fourth-quarter revenue rose by 12% to $2.5 billion, bringing the annual figure to $11.1 billion. The net income rose by 19% to $461 million and the annual one jumped to $2.6 billion.
Analysts expect that Airbnb’s results will show that its revenue rose by 5.5% in Q1, by just 5.49% from the same quarter last year.
The daily chart shows that the Airbnb stock price has been under pressure in the past few months. After initially surging following its earnings report, it erased those gains and was trading at $122 today.
It has formed a death cross pattern on the daily chart, meaning that the downtrend will continue after earnings. The key support and resistance levels to watch will be at $100 and $130 (200-day moving average).
Read more: Airbnb stock price analysis: bullish patterns are forming
Booking Holdings stock price forecast
Booking Holdings is a top company that owns brands like Booking.com, Priceline, KAYAK, and OpenTable.
The company’s business has performed well in the past few years, a notable achievement for a firm that has been in operation for many years.
Its recent results showed that its revenues increased by 11% in 2024, while its net income rose by 47%.The average room nights rose by 9% to 1.1 billion.
Altogether, Booking Holdings made $23.7 billion last year, while its net income soared to almost $6 billion.
Analysts see the company’s revenues coming in at $4.59 billion, a 4% annual increase. Its forward guidance for the year will be $25.23 billion, followed by $27 billion next year.
The daily chart shows that the Booking stock price has been in a downtrend in the past few months. It dropped from a high of $5,325 in December to the current $4,800.
The stock has formed a bullish flag pattern, pointing to an eventual rebound. If this happens, the next point to watch will be at $5,325, up by 10% from the current level.
Read more: Booking stock price slowly forms a risky pattern ahead of earnings
Expedia Group stock analysis
Expedia Group, the parent company of Expedia, Hotels Group, Vrbo, Orbitz, and Travelocity, will release its results on May 8.
The last financial results showed that Expedia’s revenue rose by 10% in the fourth quarter to $3.18 billion. Its operating income jumped by 109% to $216 million its EPS rose to $2.40.
Analysts expect the numbers to show that Expedia’s business did modestly well in Q1. The average estimate is that its revenue rose by 4.35% to $3.01 billion. The annual estimate is that its revenue will be $14.38 billion.
Expedia stock price has crashed in the past few weeks, moving from a high of $206 to $160. The stock is about to form a death cross pattern as the spread between the 200-day and 50-day moving averages has narrowed.
Therefore, there is a likelihood that the stock will drop, and possibly retest the support at $150 after its earnings.
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