Airbnb (NASDAQ:ABNB – Get Free Report) was upgraded by Wedbush from a “neutral” rating to an “outperform” rating in a report issued on Friday, MarketBeat Ratings reports. The brokerage presently has a $200.00 price target on the stock. Wedbush’s price objective indicates a potential upside of 31.89% from the stock’s previous close.
ABNB has been the subject of several other research reports. Raymond James Financial upgraded shares of Airbnb from a “market perform” rating to a “strong-buy” rating in a research report on Monday, May 4th. Truist Financial raised their price objective on shares of Airbnb from $129.00 to $134.00 and gave the company a “hold” rating in a research report on Friday, June 12th. Needham & Company LLC initiated coverage on Airbnb in a report on Monday, May 4th. They issued a “buy” rating on the stock. Weiss Ratings upgraded shares of Airbnb from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, May 12th. Finally, Sanford C. Bernstein restated an “outperform” rating on shares of Airbnb in a research report on Friday, May 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $164.26.
View Our Latest Stock Analysis on ABNB
Airbnb Trading Down 0.6%
Airbnb (NASDAQ:ABNB – Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The company reported $1.37 earnings per share for the quarter, topping analysts’ consensus estimates of $1.26 by $0.11. The business had revenue of $3.61 billion during the quarter, compared to the consensus estimate of $3.58 billion. Airbnb had a net margin of 19.90% and a return on equity of 31.24%. The business’s quarterly revenue was up 16.3% compared to the same quarter last year. During the same quarter last year, the company earned $1.03 earnings per share. Analysts expect that Airbnb will post 4.93 EPS for the current fiscal year.
Insider Buying and Selling
In other Airbnb news, CEO Brian Chesky sold 265,746 shares of the business’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $132.22, for a total value of $35,136,936.12. Following the completion of the transaction, the chief executive officer directly owned 11,206,389 shares of the company’s stock, valued at approximately $1,481,708,753.58. The trade was a 2.32% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Joseph Gebbia sold 294,903 shares of the business’s stock in a transaction dated Monday, June 29th. The stock was sold at an average price of $148.43, for a total value of $43,772,452.29. Following the sale, the director directly owned 2,622,452 shares of the company’s stock, valued at $389,250,550.36. This represents a 10.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 2,405,956 shares of company stock valued at $334,266,758 over the last quarter. Corporate insiders own 27.21% of the company’s stock.
Hedge Funds Weigh In On Airbnb
Institutional investors have recently modified their holdings of the business. Harris Associates L P increased its holdings in Airbnb by 43.2% in the 2nd quarter. Harris Associates L P now owns 14,237,331 shares of the company’s stock worth $1,884,168,000 after purchasing an additional 4,292,383 shares in the last quarter. Norges Bank bought a new stake in Airbnb in the 4th quarter valued at about $480,332,000. Jennison Associates LLC raised its holdings in Airbnb by 9,331.0% during the first quarter. Jennison Associates LLC now owns 3,172,959 shares of the company’s stock worth $400,681,000 after buying an additional 3,139,315 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Airbnb by 453.5% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,325,498 shares of the company’s stock valued at $403,782,000 after purchasing an additional 2,724,682 shares in the last quarter. Finally, SRS Investment Management LLC purchased a new position in Airbnb during the fourth quarter worth about $342,017,000. Institutional investors own 80.76% of the company’s stock.
Key Airbnb News
Here are the key news stories impacting Airbnb this week:
- Positive Sentiment: Q2 results exceeded expectations. Revenue rose roughly 16% year over year to $3.61 billion, while earnings reached $1.37 per share versus the $1.26 analyst consensus and $1.03 a year earlier. Gross bookings increased 16% to $27.2 billion. Airbnb stock soars on earnings and revenue beat
- Positive Sentiment: Airbnb raised its financial guidance. Management now expects full-year 2026 revenue growth of at least a mid-teens percentage rate, up from its prior low- to mid-teens forecast. Third-quarter revenue is projected at $4.7 billion to $4.8 billion, above the approximately $4.6 billion consensus estimate. Airbnb boosts forecast on strong demand
- Positive Sentiment: Travel demand and new products are supporting growth. FIFA World Cup bookings across the U.S., Canada and Mexico helped attract first-time users, while international demand remained robust. Airbnb also cited artificial-intelligence tools for hosts and growing revenue from luggage storage and rental cars as additional growth drivers. Airbnb stock jumps as World Cup travel sparks growth
- Positive Sentiment: Analyst sentiment remains favorable. William Blair maintained a Buy rating, citing reaccelerating global bookings and Airbnb’s AI-driven platform expansion. A discounted-cash-flow analysis also suggested potential undervaluation, although other valuation measures remain less compelling. Airbnb analyst maintains Buy rating
- Neutral Sentiment: Risks remain. Airbnb’s valuation is elevated at roughly 37 times earnings, and broader market sentiment is being influenced by employment data, Federal Reserve policy and geopolitical tensions. These factors could limit gains even after the company’s strong report.
- Negative Sentiment: Insider selling is a minor sentiment headwind. CFO Elinor Mertz sold 3,748 shares for about $575,000, while director Nathan Blecharczyk sold approximately $2.07 million of stock. The sales may reflect diversification or scheduled transactions, but they provide a modest counterpoint to the bullish operating update. Airbnb CFO SEC filing
Airbnb Company Profile
Airbnb, Inc (NASDAQ: ABNB) operates a global online marketplace that connects travelers with hosts offering short-term lodging, unique accommodations and related travel experiences. The company’s core platform enables individuals and professional property managers to list private homes, apartments, single rooms and entire properties, while providing search, booking and payment processing for guests. Airbnb earns revenue primarily through service fees charged to guests and hosts and offers tools to facilitate reservations, communications, and logistics between parties.
Beyond accommodations, Airbnb has expanded its product portfolio to include curated experiences led by local hosts, higher-end offerings such as Airbnb Luxe, and programs aimed at enhancing quality and safety like Airbnb Plus.
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