Booking Holdings Inc. ($BKNG) reported strong fourth-quarter earnings, with revenue reaching $5.47 billion, a 14% increase year-over-year, surpassing estimates of $5.18 billion. Gross bookings also showed robust growth, totaling $37.2 billion, up 17% year-over-year, exceeding the expected $34.47 billion. The company's adjusted earnings per share (EPS) stood at $41.55, reflecting a 29.84% year-over-year increase and beating estimates by $5.66. Following the earnings release, Piper Sandler reiterated a Neutral rating on the stock but raised its price target to $5,120. RBC Capital maintained an Outperform rating and increased its price target to $5,900. The trading volume for Booking Holdings has reportedly surged to over five times the average volume, indicating heightened market interest.