Airbnb (NASDAQ:ABNB) Price Target Raised to $163.00

Airbnb (NASDAQ:ABNB) had its target price increased by UBS Group from $157.00 to $163.00 in a research report report published on Thursday morning,Benzinga reports. The firm currently has a neutral rating on the stock.

Several other equities analysts have also weighed in on ABNB. Weiss Ratings upgraded shares of Airbnb from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, May 12th. Truist Financial increased their price target on shares of Airbnb from $129.00 to $134.00 and gave the stock a “hold” rating in a report on Friday, June 12th. Scotiabank started coverage on shares of Airbnb in a research report on Monday, May 4th. They set an “outperform” rating on the stock. Robert W. Baird lifted their price objective on shares of Airbnb from $150.00 to $160.00 and gave the company an “outperform” rating in a report on Monday, June 29th. Finally, Evercore reiterated an “outperform” rating on shares of Airbnb in a research report on Friday, May 8th. 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 assigned a Sell rating to the stock. According to data from MarketBeat, Airbnb currently has a consensus rating of “Moderate Buy” and a consensus price target of $160.65.

Airbnb Stock Down 0.4%

Shares of ABNB stock opened at $151.52 on Thursday. The stock has a 50 day moving average of $141.62 and a 200 day moving average of $135.10. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 0.32. The stock has a market cap of $91.32 billion, a P/E ratio of 37.32, a P/E/G ratio of 1.62 and a beta of 1.14. Airbnb has a twelve month low of $110.81 and a twelve month high of $156.50.

Airbnb (NASDAQ:ABNB) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.05). The company had revenue of $2.68 billion during the quarter, compared to analyst estimates of $2.62 billion. Airbnb had a net margin of 19.90% and a return on equity of 31.24%. The company’s revenue was up 17.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.24 earnings per share. As a group, sell-side analysts expect that Airbnb will post 4.93 EPS for the current year.

Insider Transactions at Airbnb

In related news, insider Nathan Blecharczyk sold 88,366 shares of Airbnb stock in a transaction on Wednesday, June 24th. The shares were sold at an average price of $145.81, for a total value of $12,884,646.46. Following the sale, the insider owned 12,370 shares of the company’s stock, valued at approximately $1,803,669.70. This trade represents a 87.72% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Brian Chesky sold 265,746 shares of Airbnb stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $132.22, for a total transaction of $35,136,936.12. Following the completion of the sale, the chief executive officer directly owned 11,206,389 shares in the company, valued at $1,481,708,753.58. This represents a 2.32% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 2,510,479 shares of company stock valued at $349,064,808 in the last three months. 27.21% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Airbnb

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. ORG Partners LLC increased its stake in shares of Airbnb by 97.0% during the fourth quarter. ORG Partners LLC now owns 195 shares of the company’s stock worth $26,000 after purchasing an additional 96 shares in the last quarter. Transamerica Financial Advisors LLC lifted its stake in Airbnb by 143.6% in the 4th quarter. Transamerica Financial Advisors LLC now owns 190 shares of the company’s stock valued at $26,000 after buying an additional 112 shares in the last quarter. Entrust Financial LLC purchased a new position in Airbnb in the 4th quarter valued at about $27,000. Meeder Asset Management Inc. lifted its stake in Airbnb by 96.3% in the 1st quarter. Meeder Asset Management Inc. now owns 214 shares of the company’s stock valued at $27,000 after buying an additional 105 shares in the last quarter. Finally, Sunbelt Securities Inc. boosted its holdings in Airbnb by 397.7% in the 3rd quarter. Sunbelt Securities Inc. now owns 219 shares of the company’s stock worth $27,000 after buying an additional 175 shares during the last quarter. 80.76% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Airbnb

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Airbnb’s upcoming earnings report is expected to show continued earnings growth, with analysts looking for a potential beat based on improving revenue trends and expectations. The company’s previous quarter delivered revenue above estimates and 17.9% year-over-year growth, although EPS fell short. Airbnb Earnings Expected to Grow
• Positive Sentiment: Recent commentary points to continued long-term growth potential from Airbnb’s global marketplace, expanded travel offerings and the possibility of another major growth cycle. The stock’s position above key moving averages also indicates sustained momentum. Airbnb Momentum Opens a Bigger Debate
• Neutral Sentiment: UBS raised its price target for ABNB to $163 from $157 while maintaining a Neutral rating. The higher target acknowledges some upside, but the unchanged rating signals that the firm still sees balanced risk and reward at current valuation levels. UBS Raises Airbnb Price Target
• Negative Sentiment: Morgan Stanley maintained its Sell/Underweight view, raising its price target only modestly to $125 from $120. The target remains well below recent trading levels, highlighting concerns that Airbnb’s premium valuation may not be supported by near-term growth. Morgan Stanley Maintains Sell Rating
• Negative Sentiment: Director Joseph Gebbia sold approximately 2.1 million shares for about $315.9 million across July 27 and 28, liquidating his indirect Class A holdings. The unusually large sale, following additional recent insider transactions, could weigh on investor sentiment even though it does not necessarily indicate deteriorating fundamentals. Joseph Gebbia Sells Airbnb Shares
• Negative Sentiment: Airbnb trades at a richer valuation than Booking Holdings, while regulatory risks affecting short-term rentals remain an overhang. Investors may therefore demand stronger earnings and guidance to justify the premium multiple. Airbnb Versus Booking

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.