Airbnb (NASDAQ:ABNB – Free Report) had its price target increased by UBS Group from $172.00 to $181.00 in a report published on Tuesday morning,Benzinga reports. The brokerage currently has a neutral rating on the stock.
Several other analysts have also recently commented on the company. Piper Sandler set a $150.00 price target on Airbnb in a report on Friday, August 7th. Evercore set a $200.00 price objective on shares of Airbnb in a report on Monday, August 24th. Canaccord Genuity Group set a $200.00 target price on shares of Airbnb in a research report on Friday, August 7th. Robert W. Baird raised their target price on shares of Airbnb from $175.00 to $200.00 and gave the stock an “outperform” rating in a research report on Tuesday, September 8th. Finally, BMO Capital Markets boosted their target price on shares of Airbnb from $146.00 to $165.00 and gave the company a “market perform” rating in a report on Monday, August 10th. Two analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $182.65.
View Our Latest Stock Report on Airbnb
Airbnb Price Performance
ABNB stock opened at $170.13 on Tuesday. Airbnb has a 52-week low of $110.81 and a 52-week high of $193.45. The stock’s fifty day simple moving average is $168.96 and its 200-day simple moving average is $147.42. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.32. The stock has a market capitalization of $101.87 billion, a price-to-earnings ratio of 38.67, a price-to-earnings-growth ratio of 2.02 and a beta of 1.26.
Airbnb (NASDAQ:ABNB – Get Free Report) last released its earnings results on Thursday, November 5th. The company reported $3.16 earnings per share for the quarter, topping the consensus estimate of $2.85 by $0.31. Airbnb had a return on equity of 33.38% and a net margin of 20.45%. The firm had revenue of $4.87 billion for the quarter, compared to the consensus estimate of $4.75 billion. During the same period in the prior year, the business posted $2.21 earnings per share. The firm’s revenue for the quarter was up 18.9% compared to the same quarter last year. Equities research analysts expect that Airbnb will post 5.29 EPS for the current year.
Insider Buying and Selling at Airbnb
In related news, insider Nathan Blecharczyk sold 13,615 shares of Airbnb stock in a transaction 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 transaction, the insider owned 20,567 shares in the company, valued at approximately $3,513,049.27. The trade was a 39.83% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO David C. Bernstein sold 1,756 shares of the company’s stock in a transaction on Monday, November 2nd. The stock was sold at an average price of $167.38, for a total transaction of $293,919.28. Following the sale, the chief accounting officer directly owned 43,899 shares of the company’s stock, valued at approximately $7,347,814.62. This trade represents a 3.85% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 524,377 shares of company stock valued at $98,303,710 in the last three months. Company insiders own 27.21% of the company’s stock.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently modified their holdings of the stock. Carmignac Gestion lifted its holdings in Airbnb by 40.8% in the first quarter. Carmignac Gestion now owns 659,570 shares of the company’s stock worth $83,290,000 after acquiring an additional 191,200 shares during the last quarter. ZWJ Investment Counsel Inc. boosted its stake in Airbnb by 16.5% in the third quarter. ZWJ Investment Counsel Inc. now owns 85,116 shares of the company’s stock valued at $13,674,000 after acquiring an additional 12,025 shares during the period. OMERS ADMINISTRATION Corp boosted its stake in Airbnb by 21.7% in the first quarter. OMERS ADMINISTRATION Corp now owns 42,696 shares of the company’s stock valued at $5,392,000 after acquiring an additional 7,613 shares during the period. Assenagon Asset Management S.A. grew its holdings in shares of Airbnb by 114.6% during 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 during the last quarter. Finally, Plato Investment Management Ltd bought a new position in shares of Airbnb during the second quarter valued at approximately $3,070,000. Institutional investors and hedge funds own 80.76% of the company’s stock.
More Airbnb News
Here are the key news stories impacting Airbnb this week:
- Positive Sentiment: Q3 results topped expectations: Airbnb reported earnings of $3.16 per share and revenue of $4.87 billion, exceeding analyst estimates. Revenue grew 18.9% year over year, while nights and experiences booked rose 16%, pointing to resilient travel demand and stronger-than-expected business momentum. Airbnb lifts annual revenue growth forecast
- Positive Sentiment: Full-year outlook raised: The company now expects annual revenue growth in the high teens, up from its previous mid-teens forecast, reflecting stronger demand across global markets. Fourth-quarter revenue guidance of $3.2 billion to $3.3 billion was broadly in line with consensus. Airbnb raises outlook
- Positive Sentiment: Large buyback authorization: Airbnb authorized an additional $12 billion in share repurchases, a substantial potential source of shareholder returns and support for per-share metrics, though actual purchases may occur over time. Airbnb authorizes another $12 billion in buybacks
- Neutral Sentiment: AI product planned: Airbnb said it expects to launch an AI travel agent in the first half of 2027. It could improve trip planning and customer engagement, but the financial impact is not yet clear. Airbnb plans an AI travel agent
Airbnb Company Profile
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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