Barclays Forecasts Strong Price Appreciation for Airbnb (NASDAQ:ABNB) Stock

Airbnb (NASDAQ:ABNBGet Free Report) had its price target hoisted by investment analysts at Barclays from $105.00 to $107.00 in a research note issued to investors on Friday,Benzinga reports. The firm currently has an “underweight” rating on the stock. Barclays‘s price objective points to a potential downside of 9.91% from the company’s previous close.

Several other equities analysts have also weighed in on the stock. BTIG Research reiterated a “neutral” rating on shares of Airbnb in a report on Friday. Mizuho set a $156.00 target price on shares of Airbnb in a report on Friday. UBS Group lifted their price target on shares of Airbnb from $145.00 to $147.00 and gave the stock a “neutral” rating in a research note on Friday. Sanford C. Bernstein restated an “outperform” rating and set a $165.00 target price on shares of Airbnb in a research note on Friday. Finally, BMO Capital Markets set a $124.00 price target on Airbnb and gave the stock a “market perform” rating in a research report on Thursday, August 7th. Three investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, twenty have issued a Hold rating and five have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $142.86.

Read Our Latest Stock Analysis on Airbnb

Airbnb Price Performance

NASDAQ:ABNB traded down $1.76 during trading hours on Friday, hitting $118.77. 5,207,221 shares of the company were exchanged, compared to its average volume of 5,134,257. The stock has a market capitalization of $73.81 billion, a price-to-earnings ratio of 28.74, a PEG ratio of 2.23 and a beta of 1.11. The company’s 50 day moving average price is $124.09 and its 200-day moving average price is $128.63. Airbnb has a 52-week low of $99.88 and a 52-week high of $163.93.

Airbnb (NASDAQ:ABNBGet Free Report) last announced its quarterly earnings results on Thursday, November 6th. The company reported $2.21 earnings per share for the quarter, missing the consensus estimate of $2.31 by ($0.10). Airbnb had a return on equity of 32.19% and a net margin of 22.67%.The company had revenue of $4.10 billion for the quarter, compared to analyst estimates of $4.08 billion. During the same period in the prior year, the business posted $2.13 earnings per share. Airbnb’s revenue for the quarter was up 9.9% on a year-over-year basis. Airbnb has set its Q4 2025 guidance at EPS. On average, equities analysts predict that Airbnb will post 4.31 earnings per share for the current year.

Insider Activity at Airbnb

In other Airbnb news, CTO Aristotle N. Balogh sold 600 shares of the stock in a transaction on Thursday, October 30th. The shares were sold at an average price of $125.47, for a total transaction of $75,282.00. Following the sale, the chief technology officer directly owned 196,006 shares of the company’s stock, valued at approximately $24,592,872.82. This represents a 0.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Elinor Mertz sold 7,500 shares of the firm’s stock in a transaction on Tuesday, October 28th. The shares were sold at an average price of $130.00, for a total value of $975,000.00. Following the completion of the sale, the chief financial officer owned 436,570 shares in the company, valued at $56,754,100. The trade was a 1.69% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 1,446,760 shares of company stock worth $179,726,429. Corporate insiders own 27.91% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of ABNB. Kentucky Trust Co acquired a new position in Airbnb during the second quarter worth $25,000. E Fund Management Hong Kong Co. Ltd. lifted its holdings in Airbnb by 70.9% in the second quarter. E Fund Management Hong Kong Co. Ltd. now owns 200 shares of the company’s stock valued at $26,000 after buying an additional 83 shares during the period. Concord Wealth Partners bought a new stake in shares of Airbnb in the 2nd quarter valued at $28,000. Whipplewood Advisors LLC lifted its position in Airbnb by 235.3% in the 2nd quarter. Whipplewood Advisors LLC now owns 228 shares of the company’s stock valued at $30,000 after acquiring an additional 160 shares in the last quarter. Finally, Root Financial Partners LLC bought a new position in Airbnb in the third quarter valued at $32,000. Hedge funds and other institutional investors own 80.76% of the company’s stock.

Airbnb Company Profile

(Get Free Report)

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.

Featured Stories

Analyst Recommendations for Airbnb (NASDAQ:ABNB)

Receive News & Ratings for Airbnb Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Airbnb and related companies with MarketBeat.com's FREE daily email newsletter.