Airbnb, Inc. (NASDAQ:ABNB – Get Free Report)’s share price gapped up prior to trading on Friday following a better than expected earnings announcement. The stock had previously closed at $170.13, but opened at $191.15. Airbnb shares last traded at $185.2280, with a volume of 2,167,083 shares changing hands.
The company reported $3.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.85 by $0.31. The company had revenue of $4.87 billion during the quarter, compared to analysts’ expectations of $4.75 billion. Airbnb had a net margin of 20.45% and a return on equity of 33.38%. Airbnb’s quarterly revenue was up 18.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.21 earnings per share.
Key Stories Impacting Airbnb
Here are the key news stories impacting Airbnb this week:
- Positive Sentiment: Airbnb reported Q3 revenue of $4.87 billion, up 18.9% year over year and ahead of expectations, while earnings of $3.16 per share also topped forecasts. Nights booked increased 16% and gross booking value rose 21%, signaling stronger booking momentum across regions. Reuters: Airbnb rises on upbeat outlook
- Positive Sentiment: Management raised its 2026 revenue-growth outlook to the high teens from the mid-teens, citing resilient global travel demand. It also forecast Q4 revenue of about $3.2 billion to $3.3 billion, broadly around analyst expectations. Reuters: Airbnb lifts annual revenue growth forecast
- Positive Sentiment: A new $12 billion share-repurchase authorization adds a substantial capital-return program. Analyst sentiment also strengthened: Wedbush raised its target to $237 and Rosenblatt to $230, both with bullish ratings; Susquehanna lifted its target to $220 and maintained a positive rating. Airbnb Q3 2026 earnings-call highlights
- Neutral Sentiment: Cantor Fitzgerald raised its target to $180 but kept a neutral rating, while broader analyst coverage remains moderately bullish. This suggests optimism, but not unanimity about further upside. Barchart: Wall Street analysts’ views on Airbnb
- Negative Sentiment: Management expects the benefit from its Reserve Now, Pay Later option to ease sequentially in Q4, potentially reducing one source of booking growth. Airbnb’s valuation is also elevated, and broader market weakness could limit gains even if operating results remain strong. MarketBeat: Airbnb earnings and growth risks
Wall Street Analysts Forecast Growth
A number of brokerages have recently weighed in on ABNB. Royal Bank Of Canada started coverage on Airbnb in a research note on Friday, October 2nd. They issued an “outperform” rating for the company. Barclays upped their price target on shares of Airbnb from $125.00 to $150.00 in a research report on Friday, August 7th. Evercore reissued an “outperform” rating and set a $230.00 price objective on shares of Airbnb in a report on Friday. KeyCorp assumed coverage on shares of Airbnb in a research report on Friday, October 2nd. They issued a “sector weight” rating for the company. Finally, Citigroup restated a “market outperform” rating on shares of Airbnb in a research report on Friday, September 18th. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, fourteen have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $188.07.
Read Our Latest Research Report on Airbnb
Insider Activity
In related news, insider Nathan Blecharczyk sold 13,615 shares of the business’s stock in a transaction that occurred on Monday, October 26th. The shares were sold at an average price of $170.81, for a total transaction of $2,325,578.15. Following the completion of the sale, the insider directly owned 20,567 shares of the company’s stock, valued at $3,513,049.27. The trade was a 39.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CAO David C. Bernstein sold 1,756 shares of the stock in a transaction that occurred on Monday, November 2nd. The shares were sold at an average price of $167.38, for a total transaction of $293,919.28. Following the completion of the transaction, the chief accounting officer owned 43,899 shares in the company, valued at $7,347,814.62. This represents a 3.85% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 524,377 shares of company stock valued at $98,303,710 over the last three months. Company insiders own 27.21% of the company’s stock.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in ABNB. Jennison Associates LLC raised its holdings in shares of Airbnb by 9,331.0% in the first quarter. Jennison Associates LLC now owns 3,172,959 shares of the company’s stock valued at $400,681,000 after purchasing an additional 3,139,315 shares during the last quarter. Wellington Management Group LLP boosted its holdings in Airbnb by 80.6% during the second quarter. Wellington Management Group LLP now owns 5,785,665 shares of the company’s stock worth $827,929,000 after purchasing an additional 2,581,539 shares during the last quarter. Bank of New York Mellon Corp bought a new position in Airbnb in the second quarter valued at $330,085,000. Assenagon Asset Management S.A. grew its position in Airbnb by 114.6% in the third quarter. Assenagon Asset Management S.A. now owns 3,401,521 shares of the company’s stock valued at $546,454,000 after purchasing an additional 1,816,522 shares in the last quarter. Finally, MKA Charitable Fund acquired a new stake in Airbnb in the 2nd quarter valued at $232,515,606. Institutional investors and hedge funds own 80.76% of the company’s stock.
Airbnb Stock Up 9.8%
The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.32. The firm’s 50 day simple moving average is $168.96 and its 200-day simple moving average is $147.42. The stock has a market capitalization of $111.83 billion, a price-to-earnings ratio of 42.37, a price-to-earnings-growth ratio of 2.02 and a beta of 1.26.
About Airbnb
Airbnb, Inc operates a global online marketplace that connects guests seeking accommodations and travel activities with hosts and service providers. Its platform enables users to search for, book and review a broad range of stays, including private rooms, entire homes, apartments and other distinctive properties.
In addition to lodging, Airbnb offers experiences and activities hosted by local individuals and businesses. The company also provides tools and services that help hosts create listings, manage bookings, communicate with guests and receive payments.
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