Evercore ISI: Tech Sector to Drive 7% EPS Growth
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 12 2026
0mins
Source: CNBC
- Earnings Season Begins: Evercore ISI forecasts a 7% year-over-year growth in S&P 500 earnings per share for Q4, with the technology sector expected to be the primary driver, reflecting ongoing market enthusiasm for AI technologies and investments.
- Outperformance of Exceeders: The firm highlights that the S&P 500 has averaged a 6% surprise in year-over-year EPS growth over the past year, indicating strong market expectations for companies that have achieved double beats in at least seven of the last eight quarters.
- Strong Performance by Booking Holdings: The travel technology stock Booking Holdings has risen 14% over the past 12 months and has exceeded earnings and revenue estimates in its last eight quarters, showcasing its robust competitive position amid AI risks.
- Doximity's Potential: Despite a 16% decline in the past year, Morgan Stanley upgraded Doximity to overweight, projecting its price to rise from $62 to $65, indicating market confidence in its future growth potential.
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Analyst Views on BKNG
Wall Street analysts forecast BKNG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BKNG is 6153 USD with a low forecast of 5407 USD and a high forecast of 6850 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
25 Analyst Rating
18 Buy
7 Hold
0 Sell
Moderate Buy
Current: 5085.220
Low
5407
Averages
6153
High
6850
Current: 5085.220
Low
5407
Averages
6153
High
6850
About BKNG
Booking Holdings Inc. is a provider of travel and restaurant online reservation and related services. The Company offers its services through five primary consumer-facing brands: Booking.com, Priceline, Agoda, KAYAK, and OpenTable. Through its brands, consumers can book an array of accommodations (including hotels, motels, resorts, homes, apartments, bed and breakfasts, hostels, and other alternative and traditional accommodation properties) and a flight to their destinations; make a car rental reservation or arrange for an airport taxi; make a dinner reservation; or book a vacation package, tour, activity, or cruise. Consumers can also use its meta-search services to easily compare travel reservation information, such as flight, hotel, and rental car reservations from hundreds of online travel platforms at once. Booking.com offers accommodation reservation services for approximately 4.0 million properties in over 220 countries and territories and in over 40 languages.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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