Shares of Airbnb, Inc. (NASDAQ:ABNB – Get Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the thirty-nine research firms that are covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating, twenty-three have assigned a buy rating and two have issued a strong buy rating on the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $172.00.
ABNB has been the topic of a number of recent analyst reports. Morgan Stanley boosted their price target on shares of Airbnb from $120.00 to $125.00 and gave the stock an “underweight” rating in a research report on Thursday, July 30th. Jefferies Financial Group increased their price objective on shares of Airbnb from $160.00 to $175.00 and gave the company a “buy” rating in a report on Tuesday, July 14th. Rodman & Renshaw initiated coverage on shares of Airbnb in a research note on Monday, May 4th. They set a “buy” rating on the stock. DA Davidson boosted their target price on Airbnb from $162.00 to $175.00 and gave the stock a “buy” rating in a report on Friday, August 7th. Finally, Sanford C. Bernstein restated an “outperform” rating and issued a $168.00 target price on shares of Airbnb in a research report on Monday, August 10th.
Check Out Our Latest Report on Airbnb
Airbnb Price Performance
Airbnb (NASDAQ:ABNB – Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported $1.37 earnings per share for the quarter, topping the consensus estimate 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 20.45% and a return on equity of 33.38%. The company’s quarterly revenue was up 16.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.03 earnings per share. Equities analysts expect that Airbnb will post 5.23 EPS for the current year.
Insider Buying and Selling
In other news, CFO Elinor Mertz sold 3,748 shares of the business’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $153.34, for a total value of $574,718.32. Following the sale, the chief financial officer owned 441,542 shares of the company’s stock, valued at approximately $67,706,050.28. The trade was a 0.84% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Joseph Gebbia sold 265,000 shares of the company’s stock in a transaction on Monday, July 27th. The shares were sold at an average price of $145.70, for a total value of $38,610,500.00. Following the completion of the sale, the director owned 1,828,518 shares of the company’s stock, valued at approximately $266,415,072.60. This trade represents a 12.66% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 3,124,289 shares of company stock worth $461,988,389. 27.21% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On Airbnb
Institutional investors and hedge funds have recently bought and sold shares of the business. Transamerica Financial Advisors LLC grew its stake in shares of Airbnb by 143.6% in the 4th quarter. Transamerica Financial Advisors LLC now owns 190 shares of the company’s stock worth $26,000 after purchasing an additional 112 shares during the last quarter. Entrust Financial LLC bought a new stake in shares of Airbnb in the 4th quarter worth approximately $27,000. Meeder Asset Management Inc. lifted its stake in Airbnb by 96.3% during the first quarter. Meeder Asset Management Inc. now owns 214 shares of the company’s stock valued at $27,000 after purchasing an additional 105 shares during the last quarter. Sunbelt Securities Inc. lifted its stake in Airbnb by 397.7% during the third quarter. Sunbelt Securities Inc. now owns 219 shares of the company’s stock valued at $27,000 after purchasing an additional 175 shares during the last quarter. Finally, Wiser Advisor Group LLC bought a new stake in Airbnb during the third quarter worth approximately $27,000. 80.76% of the stock is owned by institutional investors and hedge funds.
Airbnb News Summary
Here are the key news stories impacting Airbnb this week:
- Positive Sentiment: Strong Q2 results and raised outlook support the stock. Airbnb reported revenue of approximately $3.6 billion, up 17% year over year, gross booking value of $27.2 billion, and net income of $816 million. Management also raised its full-year revenue and margin guidance, citing AI-related efficiency gains and faster product development. Airbnb Just Hit a Four-Year High. The Downgrade Says That’s the Problem
- Positive Sentiment: AI and broader travel ambitions are strengthening the growth narrative. Airbnb is using AI to improve customer service, streamline trip management, reduce costs, and accelerate new features. CEO Brian Chesky plans to expand the platform beyond accommodations toward a more comprehensive travel-planning “super app,” potentially creating additional revenue opportunities. Airbnb Turns AI Customer Service Into A Bigger Travel App Bet
- Neutral Sentiment: Analyst sentiment remains broadly favorable but targets are mixed. Airbnb has a consensus “Moderate Buy” rating, although the average price target of $172 is below the current trading level. Recent firms have issued targets ranging from $165 to $193, reflecting disagreement over how much of the company’s improved outlook is already priced in.
- Negative Sentiment: Valuation is emerging as the main risk. Airbnb has gained nearly 49% over three years and is near record levels. A discounted-cash-flow model indicates potential upside, but market-based valuation multiples and a low overall value score suggest the stock may already be expensive. Airbnb Stock Trades At A Premium Following Its 49% 3 Year Run
- Negative Sentiment: Insider selling could temper bullish sentiment. Director Nathan Blecharczyk sold 2,738 shares for about $505,000 and has made several larger sales in recent months. The transactions do not necessarily indicate deteriorating fundamentals, but they may raise caution after the stock’s substantial rally.
About Airbnb
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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