Airbnb, Inc. (NASDAQ:ABNB – Get Free Report) has been assigned an average rating of “Moderate Buy” from the forty analysts that are currently covering the company, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, eleven have given a hold recommendation, twenty-five have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $179.9677.
A number of equities research analysts recently issued reports on the company. Piper Sandler set a $150.00 price objective on Airbnb in a research note on Friday, August 7th. B. Riley Financial reiterated a “buy” rating on shares of Airbnb in a research report on Friday, August 7th. Benchmark raised their price objective on shares of Airbnb from $160.00 to $180.00 and gave the stock a “buy” rating in a report on Friday, August 7th. UBS Group lifted their price objective on shares of Airbnb from $163.00 to $172.00 and gave the company a “neutral” rating in a research note on Friday, August 7th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Airbnb from $140.00 to $170.00 and gave the company a “neutral” rating in a report on Friday, August 7th.
View Our Latest Stock Report on ABNB
Insider Transactions at Airbnb
Institutional Investors Weigh In On Airbnb
A number of institutional investors and hedge funds have recently modified their holdings of the company. Caxton Associates LLP purchased a new stake in Airbnb in the 1st quarter worth approximately $258,000. Intech Investment Management LLC boosted its stake in Airbnb by 55.8% during the first quarter. Intech Investment Management LLC now owns 12,161 shares of the company’s stock valued at $1,453,000 after buying an additional 4,353 shares during the period. Sivia Capital Partners LLC grew its position in Airbnb by 18.8% during the second quarter. Sivia Capital Partners LLC now owns 5,866 shares of the company’s stock worth $776,000 after buying an additional 927 shares in the last quarter. WINTON GROUP Ltd bought a new position in Airbnb in the 2nd quarter worth about $411,000. Finally, NewEdge Advisors LLC raised its holdings in shares of Airbnb by 9.8% in the 2nd quarter. NewEdge Advisors LLC now owns 54,054 shares of the company’s stock valued at $7,153,000 after acquiring an additional 4,811 shares in the last quarter. 80.76% of the stock is owned by hedge funds and other institutional investors.
Key Headlines Impacting Airbnb
Here are the key news stories impacting Airbnb this week:
- Positive Sentiment: Analyst optimism supports the stock. Robert W. Baird forecast strong price appreciation, while Raymond James upgraded Airbnb to Outperform, signaling confidence in the company’s growth prospects and valuation. Robert W. Baird Forecasts Strong Price Appreciation for Airbnb Airbnb Raised to Outperform at Raymond James
- Positive Sentiment: Management highlighted artificial-intelligence advantages. CEO Brian Chesky said Airbnb is incorporating AI into its online infrastructure and is growing faster than competitors, potentially improving search, personalization, customer service and operating efficiency. Airbnb CEO Discusses AI and Growth
- Positive Sentiment: A bullish growth thesis is attracting attention. One market commentary argues that Airbnb’s anticipated “great growth cycle” may be underway, reinforcing the positive narrative around the company’s expansion and earnings potential. Airbnb Growth Cycle Commentary
- Neutral Sentiment: Investor attention has increased. Airbnb was among the stocks heavily searched on Zacks, which can raise visibility but does not by itself indicate stronger fundamentals or future returns. Investors Search Airbnb
- Neutral Sentiment: Short-interest data offers no meaningful signal. The reported figures show zero shares sold short and a zero-day days-to-cover ratio, suggesting the data may be incomplete or erroneous rather than indicating a genuine change in positioning.
- Negative Sentiment: Potential EU restrictions could pressure Airbnb’s business. Proposed European rules would create a common framework for housing measures and could enable tighter limits on short-term rentals. Additional restrictions may reduce listings, increase compliance costs and constrain revenue in an important market. The proposal still requires approval from EU governments and the European Parliament. Airbnb Faces Potential EU Restrictions
Airbnb Stock Performance
NASDAQ:ABNB opened at $170.19 on Thursday. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.41 and a quick ratio of 1.41. The business has a fifty day simple moving average of $165.60 and a two-hundred day simple moving average of $145.65. Airbnb has a 1 year low of $110.81 and a 1 year high of $193.45. The company has a market capitalization of $101.91 billion, a P/E ratio of 38.68, a P/E/G ratio of 1.96 and a beta of 1.16.
Airbnb (NASDAQ:ABNB – Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The company reported $1.37 EPS for the quarter, beating analysts’ consensus estimates of $1.26 by $0.11. The firm had revenue of $3.61 billion for the quarter, compared to analysts’ expectations of $3.58 billion. Airbnb had a return on equity of 33.38% and a net margin of 20.45%.The business’s revenue for the quarter was up 16.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.03 EPS. On average, analysts expect that Airbnb will post 5.24 earnings per share for the current year.
About Airbnb
Airbnb, Inc operates a global online marketplace that connects guests seeking accommodations and travel activities with hosts and other service providers. Through its platform and mobile applications, users can search for, book and review a broad range of lodging options, including private homes, apartments, rooms and other distinctive properties.
The company also offers Airbnb Experiences, which enables guests to discover and book activities hosted by local experts. In addition, Airbnb has expanded into related travel services, including services designed to support hosts and help them manage listings, reservations and guest relationships.
Founded in 2008 by Brian Chesky, Joe Gebbia and Nathan Blecharczyk, Airbnb serves travelers and hosts across a broad international market, with listings and activities available in destinations around the world.
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