Airbnb (NASDAQ:ABNB) Issues Quarterly Earnings Results

Airbnb (NASDAQ:ABNB) issued its quarterly earnings data on Thursday. The company reported $3.16 earnings per share for the quarter, topping analysts’ consensus estimates of $2.85 by $0.31, FiscalAI reports. Airbnb had a return on equity of 33.38% and a net margin of 20.45%. The business had revenue of $4.87 billion for the quarter, compared to analyst estimates of $4.75 billion. During the same quarter in the previous year, the company posted $2.21 EPS. Airbnb’s quarterly revenue was up 18.9% compared to the same quarter last year.

Here are the key takeaways from Airbnb’s conference call:

• Airbnb reported 19% revenue growth to $4.9 billion, with gross booking value up 21% and nights and seats booked up 16%. Reserve Now, Pay Later contributed an estimated 3 percentage points to nights growth; excluding it, growth was still about 13% and accelerated from Q2.
• Management raised its full-year outlook to high-teens revenue growth and an adjusted EBITDA margin of approximately 36%. Q4 revenue is forecast to grow 16%–18%, though the company expects a slight year-over-year decline in Q4 margin and is monitoring geopolitical developments in Europe and the Middle East.
• Adjusted EBITDA rose 22% to $2.5 billion, with margin expanding to 52%, while Q3 free cash flow was $1.4 billion. Airbnb also announced a new $12 billion share repurchase authorization, in addition to $2.7 billion remaining under its existing program.
• Airbnb said AI helped it ship more than 50 products and features in Q3, and its support assistant resolved about 40% of customer-support issues without a human agent. Customer-support cost per booking fell more than 17% year over year, and the company plans to begin rolling out its travel-focused AI agent in the first half of 2027.
• Hotels are growing faster than Airbnb’s core business, and about 35% of guests whose first Airbnb booking is a hotel return to book a home within a year. Management also highlighted expansion in services and partnerships as growth opportunities, while describing its expectation of “multiple billions” in future hotel revenue as a longer-term opportunity rather than a near-term forecast.

Airbnb Stock Up 11.7%

Shares of NASDAQ ABNB opened at $189.99 on Friday. The stock has a fifty day moving average price of $169.07 and a 200 day moving average price of $147.71. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.32. Airbnb has a 12-month low of $110.81 and a 12-month high of $193.45. The company has a market cap of $113.76 billion, a P/E ratio of 35.51, a P/E/G ratio of 1.96 and a beta of 1.26.

More Airbnb News

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 above estimates. Adjusted earnings of $3.16 per share also beat forecasts. Booking demand strengthened, with nights booked up 16%, marking the company’s fastest revenue growth in more than three years. Airbnb Q3 results
• Positive Sentiment: Management raised its 2026 revenue-growth outlook to the high teens from the mid teens and forecast Q4 revenue of $3.22 billion to $3.28 billion. Executives described the business as “back in growth mode,” citing resilient global travel demand and stronger bookings. Airbnb raises its annual outlook
• Positive Sentiment: The company authorized a $12 billion stock buyback, which could support shareholder returns. Management also pointed to AI-driven efficiency and hotel expansion as opportunities to improve operations and broaden growth. Q3 highlights, buyback and growth plans
• Positive Sentiment: Several analysts raised price targets after the results, including Oppenheimer, Citi and RBC, reinforcing the view that accelerating growth could support further gains. Analysts raise Airbnb price targets
• Neutral Sentiment: Some analysts remain cautious, arguing that valuation may limit upside despite the stronger outlook. Commentary also flagged possible effects from currency movements and a payment feature on reported results; these are potential caveats, not evidence that demand has weakened. Analysis of Q3 results and potential caveats

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Mizuho set a $245.00 price objective on shares of Airbnb in a research note on Friday. HSBC upped their target price on shares of Airbnb from $162.00 to $177.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. Citizens Jmp boosted their price target on Airbnb from $190.00 to $200.00 and gave the stock a “market outperform” rating in a research note on Friday, September 18th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $185.00 target price on shares of Airbnb in a report on Friday. Finally, Rosenblatt Securities increased their target price on shares of Airbnb from $220.00 to $230.00 and gave the stock a “buy” rating in a research report on Friday. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $193.85.

Insider Buying and Selling at Airbnb

In related news, insider Nathan Blecharczyk sold 13,615 shares of the business’s stock in a transaction on Monday, October 26th. The shares were sold at an average price of $170.81, for a total value of $2,325,578.15. Following the sale, the insider 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 sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO David Bernstein sold 1,756 shares of the company’s stock in a transaction on Monday, November 2nd. The shares were sold at an average price of $167.38, for a total value of $293,919.28. Following the completion of the transaction, the chief accounting officer directly owned 43,899 shares in the company, valued at $7,347,814.62. This trade represents a 3.85% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 524,377 shares of company stock worth $98,303,710 over the last quarter. Company insiders own 27.21% of the company’s stock.

About Airbnb

Airbnb operates an online marketplace that connects travelers with hosts offering short-term stays and other travel-related services. Listings include apartments, houses, rooms and distinctive accommodations, with options ranging from brief visits to longer stays. The platform also offers bookable experiences in destinations around the world.

Founded in 2007 in San Francisco, Airbnb was started by Brian Chesky, Nathan Blecharczyk and Joe Gebbia. The company serves guests and hosts in more than 220 countries and regions, providing tools for listing properties, managing reservations and handling payments.

Brian Chesky is Airbnb’s co-founder and chief executive officer.