Airbnb (NASDAQ:ABNB) Announces Quarterly Earnings Results

Airbnb (NASDAQ:ABNB) issued its earnings results on Thursday. The company reported $2.21 EPS for the quarter, missing the consensus estimate of $2.29 by ($0.08), Zacks reports. Airbnb had a return on equity of 32.19% and a net margin of 22.67%.The firm’s revenue was up 9.9% on a year-over-year basis. During the same period last year, the company posted $2.13 EPS. Airbnb updated its Q4 2025 guidance to EPS.

Airbnb Stock Performance

Shares of Airbnb stock traded down $1.97 on Thursday, reaching $120.53. 9,797,072 shares of the company’s stock were exchanged, compared to its average volume of 4,306,833. The company has a market capitalization of $74.90 billion, a P/E ratio of 29.18, a price-to-earnings-growth ratio of 2.23 and a beta of 1.11. Airbnb has a 52 week low of $99.88 and a 52 week high of $163.93. The firm’s 50-day moving average is $124.09 and its two-hundred day moving average is $128.63.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. Phillip Securities upgraded Airbnb from a “moderate sell” rating to a “hold” rating in a report on Friday, August 8th. Citizens Jmp upgraded Airbnb to a “hold” rating in a report on Monday, August 11th. UBS Group reduced their price target on Airbnb from $148.00 to $145.00 and set a “neutral” rating on the stock in a report on Friday, October 24th. Jefferies Financial Group reduced their target price on Airbnb from $165.00 to $160.00 and set a “buy” rating on the stock in a report on Monday, August 11th. Finally, Wedbush reduced their target price on Airbnb from $135.00 to $130.00 and set a “neutral” rating on the stock in a report on Thursday, August 7th. Three research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, twenty have issued a Hold rating and five have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $141.70.

Insiders Place Their Bets

In other news, insider Nathan Blecharczyk sold 2,246 shares of the company’s stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $125.20, for a total transaction of $281,199.20. Following the transaction, the insider directly owned 182,514 shares of the company’s stock, valued at $22,850,752.80. This represents a 1.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Joseph Gebbia sold 236,000 shares of the company’s stock in a transaction that occurred on Monday, October 13th. The stock was sold at an average price of $119.22, for a total value of $28,135,920.00. Following the transaction, the director directly owned 704,015 shares in the company, valued at $83,932,668.30. The trade was a 25.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 1,446,760 shares of company stock worth $179,726,429. Corporate insiders own 27.91% of the company’s stock.

Hedge Funds Weigh In On Airbnb

A number of institutional investors have recently modified their holdings of the company. Harris Associates L P raised its position 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 purchasing an additional 4,292,383 shares during the period. Akre Capital Management LLC raised its position in shares of Airbnb by 19.0% during the second quarter. Akre Capital Management LLC now owns 3,473,243 shares of the company’s stock worth $459,649,000 after purchasing an additional 555,510 shares during the period. Alliancebernstein L.P. raised its position in shares of Airbnb by 6.4% during the second quarter. Alliancebernstein L.P. now owns 534,117 shares of the company’s stock worth $70,685,000 after purchasing an additional 32,185 shares during the period. Worldquant Millennium Advisors LLC raised its position in shares of Airbnb by 365.2% during the second quarter. Worldquant Millennium Advisors LLC now owns 514,428 shares of the company’s stock worth $68,079,000 after purchasing an additional 403,842 shares during the period. Finally, Adage Capital Partners GP L.L.C. raised its position in Airbnb by 21.7% in the 2nd quarter. Adage Capital Partners GP L.L.C. now owns 318,400 shares of the company’s stock valued at $42,137,000 after buying an additional 56,800 shares during the last quarter. 80.76% of the stock is owned by institutional investors and hedge funds.

About Airbnb

Airbnb, Inc, together with its subsidiaries, operates a platform that enables hosts to offer stays and experiences to guests worldwide. The company’s marketplace connects hosts and guests online or through mobile devices to book spaces and experiences. It primarily offers private rooms, primary homes, and vacation homes.