Booking Holdings Inc BKNG shares remained under pressure, despite the company announcing on Tuesday upbeat first-quarter guidance.

The announcement came amid an exciting earnings season. Here are some key analyst takeaways.

Citizens JMP Securities On Booking Holdings

Analyst Nicholas Jones maintained a Market Outperform rating, while raising the price target from $5,600 to $5,700.

Booking Holdings reported solid first-quarter results, with revenues of $4.76 billion and adjusted EBITDA of $1.1 billion, beating consensus of $4.60 billion and $850 million, respectively, Jones said in a note. Gross booking value (GBV) came in at $46.7 billion, also above consensus of $46.5 billion, with take rate of 10.2%, he added.

While stating that U.S. demand could be softer than earlier expected due to consumers becoming increasingly cost-conscious, the company indicated that global demand remains stable, the analyst stated. Management's second-quarter guidance came in above consensus, while the full-year guidance reflects that "FX is shifting from an expected ~3 point headwind into a ~2 point tailwind, driving higher nominal 2025 GBV and revenue," he further wrote.

Check out other analyst stock ratings.

Goldman Sachs On Booking Holdings

Analyst Eric Sheridan reiterated a Neutral rating, while lifting the price target from $4,520 to $4,680.

The company's quarterly results reflected a "broadly solid/stable travel environment," Sheridan said. Booking Holdings is focusing on deeper AI integration, "both as a platform with outside partners and utilizing AI to drive personalization and customization on property for users," he added.

The company is making these investments to remain ready in case the macro environment softens, as it has historically taken share and improved its competitive position during "such shifts in end market demand," the analyst wrote. In the coming quarters, investors are likely to focus on changes in end demand environment and competitive intensity, he further stated.

RBC Capital Markets On Booking Holdings

Analyst Brad Erickson reaffirmed an Outperform rating and price target of $5,900.

Despite some softness in the macro environment, Booking Holdings' business remained largely unchanged outside the U.S., Erickson said. The company's room nights grew in the first quarter at the high-end of the guidance range of 5%-7%, he added.

While the second-quarter guidance came in a tad below expectations, at 4%-6%, management indicated global travel demand ex-U.S. remained stable, the analyst stated. Booking Holdings not only has broad global exposure, which helps it mitigate U.S. risks, it has a "relatively larger and more diversified business vs. peers," he further wrote.

BKNG Price Action: Shares of Booking Holdings had declined by 0.21% to $4,898.79 at the time of publication on Wednesday.

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