Airbnb, Inc. (NASDAQ:ABNB) Receives $153.00 Consensus PT from Analysts

Shares of Airbnb, Inc. (NASDAQ:ABNB) have been given a consensus recommendation of “Moderate Buy” by the thirty-seven ratings firms that are covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, thirteen have issued a hold recommendation, twenty-one have issued a buy recommendation and two have issued a strong buy recommendation on the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $157.6667.

ABNB has been the subject of a number of research reports. Benchmark upped their price objective on Airbnb from $145.00 to $160.00 and gave the company a “buy” rating in a research report on Friday. Argus upgraded Airbnb to a “strong-buy” rating in a research note on Tuesday, February 17th. Citizens Jmp increased their price objective on shares of Airbnb from $160.00 to $170.00 and gave the stock a “market outperform” rating in a research note on Friday, May 8th. Evercore reissued an “outperform” rating on shares of Airbnb in a report on Friday. Finally, TD Cowen boosted their target price on shares of Airbnb from $150.00 to $160.00 and gave the company a “buy” rating in a research report on Friday, February 13th.

Airbnb News Roundup

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Airbnb said AI now generates 60% of new code, which management says is improving efficiency and could help lower costs or accelerate product development. The company also reported roughly 18% revenue growth to about $2.7 billion, reinforcing that demand remains solid. Airbnb Reveals AI Agents Now Handle 60% Of New Coding— CEO Brian Chesky Says That Allows One Engineer To Do Work Of 20
• Positive Sentiment: Analysts and investors are still focusing on Airbnb’s international revenue trends, which could support longer-term growth if overseas bookings continue to improve. Don’t Overlook Airbnb (ABNB) International Revenue Trends While Assessing the Stock
• Neutral Sentiment: A news item about “How to start an Airbnb business” is more educational than company-specific and is unlikely to materially move the stock. How to start an Airbnb business in 14 steps
• Neutral Sentiment: Airbnb reportedly enlisted Al Sharpton in its fight against New York City short-term rental restrictions. This highlights regulatory risk, but the article does not indicate an immediate financial impact. Airbnb enlists Al Sharpton in fight against Mamdani’s short-term rental crackdown in NYC: report
• Negative Sentiment: CEO and insider Nathan Blecharczyk sold a large block of Airbnb shares, including a 60,136-share sale and a smaller follow-up sale, which may signal reduced insider confidence and can weigh on sentiment. Nathan Blecharczyk insider trading disclosure
• Negative Sentiment: Airbnb recently missed EPS estimates, which is keeping attention on whether margin pressure or slower-than-expected profitability could limit near-term upside. Airbnb, Inc. Just Missed EPS By 14%: Here’s What Analysts Think Will Happen Next

Airbnb Trading Down 1.1%

Shares of ABNB stock opened at $135.48 on Friday. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 0.32. Airbnb has a 12-month low of $110.81 and a 12-month high of $147.25. The stock has a market capitalization of $82.47 billion, a P/E ratio of 33.37, a P/E/G ratio of 1.47 and a beta of 1.20. The firm’s 50 day moving average is $133.61 and its 200 day moving average is $129.51.

Airbnb (NASDAQ:ABNB) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.31 by ($0.05). The firm had revenue of $2.68 billion for the quarter, compared to the consensus estimate of $2.62 billion. Airbnb had a net margin of 19.90% and a return on equity of 31.24%. Airbnb’s quarterly revenue was up 17.9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.24 earnings per share. Research analysts expect that Airbnb will post 4.91 earnings per share for the current year.

Insider Buying and Selling at Airbnb

In other news, insider Nathan Blecharczyk sold 60,136 shares of the business’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $145.70, for a total transaction of $8,761,815.20. Following the completion of the sale, the insider owned 11,920 shares of the company’s stock, valued at $1,736,744. The trade was a 83.46% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Joseph Gebbia sold 58,000 shares of the company’s stock in a transaction on Monday, April 6th. The stock was sold at an average price of $126.16, for a total value of $7,317,280.00. Following the completion of the sale, the director owned 170,015 shares of the company’s stock, valued at $21,449,092.40. This trade represents a 25.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 459,838 shares of company stock worth $62,185,245 in the last quarter. Corporate insiders own 27.21% of the company’s stock.

Institutional Investors Weigh In On Airbnb

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Sumitomo Life Insurance Co. grew its holdings in Airbnb by 15.0% during the 3rd quarter. Sumitomo Life Insurance Co. now owns 66,071 shares of the company’s stock valued at $8,022,000 after buying an additional 8,636 shares in the last quarter. Cerity Partners LLC lifted its stake in Airbnb by 18.1% in the 3rd quarter. Cerity Partners LLC now owns 364,824 shares of the company’s stock worth $44,297,000 after purchasing an additional 55,838 shares in the last quarter. National Pension Service boosted its holdings in shares of Airbnb by 1.1% during the 3rd quarter. National Pension Service now owns 1,096,411 shares of the company’s stock valued at $133,126,000 after purchasing an additional 12,453 shares during the last quarter. Chicago Partners Investment Group LLC boosted its holdings in shares of Airbnb by 87.5% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 23,155 shares of the company’s stock valued at $2,964,000 after purchasing an additional 10,808 shares during the last quarter. Finally, Syntax Research Inc. purchased a new position in shares of Airbnb during the third quarter valued at about $1,865,000. Institutional investors own 80.76% of the company’s stock.

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.