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

Airbnb, Inc. (NASDAQ:ABNB) has earned an average rating of “Moderate Buy” from the thirty-seven analysts that are covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, thirteen have given a hold rating, twenty-one have assigned a buy rating and two have given a strong buy rating to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $157.6667.

ABNB has been the subject of several recent analyst reports. UBS Group raised their target price on shares of Airbnb from $153.00 to $157.00 and gave the company a “neutral” rating in a research note on Friday, May 8th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $170.00 target price on shares of Airbnb in a research note on Friday, May 8th. HSBC downgraded Airbnb from a “hold” rating to a “hold” rating in a report on Monday, May 4th. Benchmark raised their price target on Airbnb from $145.00 to $160.00 and gave the company a “buy” rating in a report on Friday, May 8th. Finally, JPMorgan Chase & Co. raised their price target on Airbnb from $130.00 to $140.00 and gave the company a “neutral” rating in a report on Friday, May 8th.

Insider Buying and Selling at Airbnb

In other Airbnb news, Director Joseph Gebbia sold 58,000 shares of the firm’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $140.37, for a total transaction of $8,141,460.00. Following the completion of the sale, the director owned 54,015 shares of the company’s stock, valued at $7,582,085.55. This trade represents a 51.78% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Nathan Blecharczyk sold 627 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $145.67, for a total transaction of $91,335.09. Following the sale, the insider owned 11,920 shares of the company’s stock, valued at $1,736,386.40. This trade represents a 5.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 459,838 shares of company stock valued at $62,185,245 in the last quarter. 27.21% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Airbnb

Hedge funds have recently bought and sold shares of the stock. Harris Associates L P lifted its holdings in shares of Airbnb by 43.2% during the second quarter. Harris Associates L P now owns 14,237,331 shares of the company’s stock worth $1,884,168,000 after buying an additional 4,292,383 shares in the last quarter. Independent Franchise Partners LLP acquired a new stake in shares of Airbnb during the third quarter worth $505,672,000. Norges Bank acquired a new stake in shares of Airbnb during the fourth quarter worth $480,332,000. Jennison Associates LLC lifted its holdings in shares of Airbnb by 9,331.0% during the first quarter. Jennison Associates LLC now owns 3,172,959 shares of the company’s stock worth $400,681,000 after buying an additional 3,139,315 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Airbnb by 453.5% during the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,325,498 shares of the company’s stock worth $403,782,000 after buying an additional 2,724,682 shares in the last quarter. 80.76% of the stock is currently owned by institutional investors and hedge funds.

Key Airbnb News

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: DA Davidson raised its price target on Airbnb to $162 from $150 and kept a Buy rating, citing resilient growth and first-quarter results that came in ahead of expectations. Other recent analysts also lifted targets, reinforcing a generally constructive view on the stock. DA Davidson Highlights Airbnb’s (ABNB) Resilient Growth despite Middle East Conflict
• Positive Sentiment: Investor attention is elevated, with Airbnb showing up as a trending stock in recent coverage, which can help keep the name in focus and support trading interest. Airbnb, Inc. (ABNB) Is a Trending Stock: Facts to Know Before Betting on It
• Positive Sentiment: Jim Cramer’s positive comments on Airbnb added to the bullish tone around the shares, suggesting some investors see the company as attractive despite recent volatility. Here’s Why Jim Cramer Is Happy With AirBnb (ABNB)
• Neutral Sentiment: Airbnb remains a frequent subject of market coverage tied to travel, international revenue trends, and sector reports, but these items are more informational than stock-moving on their own. Don’t Overlook Airbnb (ABNB) International Revenue Trends While Assessing the Stock
• Negative Sentiment: Insider Nathan Blecharczyk sold a large block of Airbnb shares, including a recent sale of 60,136 shares and a smaller follow-up sale. Heavy insider selling can weigh on investor confidence, even if it does not necessarily reflect a change in fundamentals. Nathan Blecharczyk insider trading disclosure
• Negative Sentiment: Airbnb’s latest earnings report missed EPS expectations, and that keeps attention on profitability and margin pressure as investors assess how much upside is left near term. Airbnb, Inc. Just Missed EPS By 14%: Here’s What Analysts Think Will Happen Next

Airbnb Trading Up 0.5%

NASDAQ ABNB opened at $133.67 on Friday. Airbnb has a 12 month low of $110.81 and a 12 month high of $147.25. The company has a market cap of $81.37 billion, a PE ratio of 32.92, a PEG ratio of 1.43 and a beta of 1.20. The stock has a 50 day moving average of $133.62 and a 200-day moving average of $129.59. 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 (NASDAQ:ABNB) last issued its earnings results on Thursday, May 7th. The company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.05). Airbnb had a net margin of 19.90% and a return on equity of 31.24%. The firm had revenue of $2.68 billion during the quarter, compared to analyst estimates of $2.62 billion. During the same quarter last year, the business posted $0.24 earnings per share. The company’s revenue for the quarter was up 17.9% on a year-over-year basis. On average, equities research analysts anticipate that Airbnb will post 4.91 EPS for the current fiscal year.

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.