Airbnb (NASDAQ:ABNB) Issues Earnings Results

Posted by Stanley Muller on Nov 6th, 2026

Airbnb (NASDAQ:ABNB – Get Free Report) released its earnings results on Thursday. The company reported $3.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.85 by $0.31, FiscalAI reports. Airbnb had a net margin of 20.45% and a return on equity of 33.38%. The business had revenue of $4.87 billion for the quarter, compared to analysts’ expectations of $4.75 billion. During the same period last year, the company earned $2.21 earnings per share. The company’s quarterly revenue was up 18.9% on a year-over-year basis.

Here are the key takeaways from Airbnb’s conference call:

Airbnb reported 19% revenue growth to $4.9 billion, with gross booking value up 21% and nights and seats booked up 16%. Reserve Now, Pay Later contributed an estimated 3 percentage points to nights growth; excluding it, growth was still about 13% and accelerated from Q2.
Management raised its full-year outlook to high-teens revenue growth and an adjusted EBITDA margin of approximately 36%. Q4 revenue is forecast to grow 16%–18%, though the company expects a slight year-over-year decline in Q4 margin and is monitoring geopolitical developments in Europe and the Middle East.
Adjusted EBITDA rose 22% to $2.5 billion, with margin expanding to 52%, while Q3 free cash flow was $1.4 billion. Airbnb also announced a new $12 billion share repurchase authorization, in addition to $2.7 billion remaining under its existing program.
Airbnb said AI helped it ship more than 50 products and features in Q3, and its support assistant resolved about 40% of customer-support issues without a human agent. Customer-support cost per booking fell more than 17% year over year, and the company plans to begin rolling out its travel-focused AI agent in the first half of 2027.
Hotels are growing faster than Airbnb’s core business, and about 35% of guests whose first Airbnb booking is a hotel return to book a home within a year. Management also highlighted expansion in services and partnerships as growth opportunities, while describing its expectation of “multiple billions” in future hotel revenue as a longer-term opportunity rather than a near-term forecast.

Airbnb Price Performance

Shares of Airbnb stock traded up $19.84 during trading on Friday, hitting $189.97. 5,467,257 shares of the company’s stock traded hands, compared to its average volume of 4,293,557. Airbnb has a twelve month low of $110.81 and a twelve month high of $193.45. The company has a market cap of $113.75 billion, a PE ratio of 43.11, a PEG ratio of 2.02 and a beta of 1.26. The firm’s fifty day moving average price is $168.96 and its 200 day moving average price is $147.42. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.41 and a quick ratio of 1.41.

Analysts Set New Price Targets

ABNB has been the subject of a number of research analyst reports. Phillip Securities downgraded Airbnb from a “hold” rating to a “moderate sell” rating in a report on Tuesday, August 11th. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $185.00 target price on shares of Airbnb in a research note on Friday. Raymond James Financial reaffirmed an “outperform” rating on shares of Airbnb in a research note on Tuesday. HSBC upped their price target on shares of Airbnb from $162.00 to $177.00 and gave the company a “buy” rating in a report on Friday, August 7th. Finally, Benchmark raised their price objective on Airbnb from $160.00 to $180.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, fourteen have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Airbnb has an average rating of “Moderate Buy” and a consensus price target of $191.70.

Check Out Our Latest Research Report on ABNB

Airbnb News Roundup

Here are the key news stories impacting Airbnb this week:

Positive Sentiment: Airbnb beat Q3 estimates, with revenue up 18.9% year over year to $4.87 billion and earnings of $3.16 per share versus analysts’ $2.85 consensus. Nights booked rose 16% to 155 million, while gross booking value increased 21%, signaling accelerating demand across regions. Airbnb Stock Gaps Higher After Best Revenue in 3 Years
Positive Sentiment: Management raised its 2026 revenue-growth outlook to the high teens and forecast Q4 revenue of $3.22 billion to $3.28 billion, implying 16%–18% growth. It also expects an adjusted EBITDA margin of about 36%. Airbnb raises full-year outlook and provides Q4 guidance
Positive Sentiment: Airbnb authorized a new $12 billion share-repurchase program, offering a potential source of shareholder returns. Several firms also raised price targets, including Wells Fargo to $215 and Wedbush to $237. Q3 earnings call highlights
Neutral Sentiment: Airbnb plans to launch its own AI travel agent in the first half of 2027. The initiative could support future product development, but its financial impact is not yet clear. Airbnb plans AI travel agent
Negative Sentiment: Valuation could limit further upside after the rally: some analysts maintained neutral or hold ratings, with Morgan Stanley’s $170 target and Piper Sandler’s $180 target below the prevailing share price. The boost to Q3 bookings from Reserve Now, Pay Later is also expected to ease in Q4. Morgan Stanley maintains Hold rating and $170 target

Insider Transactions at Airbnb

In other Airbnb news, insider Nathan Blecharczyk sold 202,652 shares of Airbnb stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $190.28, for a total transaction of $38,560,622.56. Following the completion of the transaction, the insider directly owned 179,567 shares of the company’s stock, valued at approximately $34,168,008.76. This trade represents a 53.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders sold 524,377 shares of company stock worth $98,303,710 in the last three months. Corporate insiders own 27.21% of the company’s stock.

Airbnb Company Profile

(Get Free Report)

Airbnb operates an online marketplace that connects travelers with hosts offering short-term stays and other travel-related services. Listings include apartments, houses, rooms and distinctive accommodations, with options ranging from brief visits to longer stays. The platform also offers bookable experiences in destinations around the world.

Founded in 2007 in San Francisco, Airbnb was started by Brian Chesky, Nathan Blecharczyk and Joe Gebbia. The company serves guests and hosts in more than 220 countries and regions, providing tools for listing properties, managing reservations and handling payments.

Brian Chesky is Airbnb’s co-founder and chief executive officer.