02:40 PM EDT, 04/28/2025 (MT Newswires) -- Booking Holdings' ( BKNG ) international scale would help the company withstand potential macro headwinds, Oppenheimer said in a Monday note.

"Despite potential top-line headwinds, we believe BKNG's Int'l scale best positions it to weather any macro storm," the report said, adding that its EPS algorithm is more resilient on recent FX moves, variable marketing flexibility, and buyback capacity.

Even though leisure travel trends remain mostly stable, online travel agencies are issuing "tepid NT guidance" on weakening consumer sentiment, Oppenheimer said.

Booking is scheduled to report its Q1 results Tuesday, with Oppenheimer expecting Q1 nights to be in line or slightly above the high-end of 7% guidance. It rated the stock outperform.

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