Airbnb (NASDAQ:ABNB) Upgraded to “Outperform” at Wedbush

Airbnb (NASDAQ:ABNB) was upgraded by research analysts at Wedbush from a “neutral” rating to an “outperform” rating in a research report issued on Friday, MarketBeat Ratings reports. The brokerage presently has a $200.00 target price on the stock. Wedbush’s price target would suggest a potential upside of 31.89% from the company’s current price.

Several other research firms also recently weighed in on ABNB. Royal Bank Of Canada reiterated an “outperform” rating and set a $173.00 price target on shares of Airbnb in a research note on Thursday, May 21st. Cantor Fitzgerald increased their price target on Airbnb from $140.00 to $160.00 and gave the stock a “neutral” rating in a research report on Friday. Benchmark boosted 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. HC Wainwright raised shares of Airbnb to a “buy” rating in a report on Monday, May 4th. Finally, JPMorgan Chase & Co. increased their target price on Airbnb from $130.00 to $140.00 and gave the company a “neutral” rating in a research report on Friday, May 8th. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $164.26.

Airbnb Trading Down 0.6%

Shares of NASDAQ ABNB opened at $151.64 on Friday. The stock has a market capitalization of $91.39 billion, a P/E ratio of 37.35, a price-to-earnings-growth ratio of 1.63 and a beta of 1.14. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.44 and a quick ratio of 1.44. The business has a fifty day moving average price of $143.08 and a 200 day moving average price of $135.56. Airbnb has a 1-year low of $110.81 and a 1-year high of $156.50.

Airbnb (NASDAQ:ABNB) last posted its 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. Airbnb had a net margin of 19.90% and a return on equity of 31.24%. The company had revenue of $3.61 billion during the quarter, compared to analysts’ expectations of $3.58 billion. During the same quarter in the prior year, the company posted $1.03 earnings per share. Airbnb’s revenue for the quarter was up 16.3% compared to the same quarter last year. Equities research analysts expect that Airbnb will post 4.93 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, insider Nathan Blecharczyk sold 13,615 shares of the stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $151.80, for a total value of $2,066,757.00. Following the sale, the insider directly owned 12,370 shares in the company, valued at approximately $1,877,766. This trade represents a 52.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Elinor Mertz sold 3,748 shares of Airbnb stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $153.34, for a total transaction of $574,718.32. Following the completion of the transaction, the chief financial officer owned 441,542 shares of the company’s stock, valued at $67,706,050.28. This represents a 0.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 2,405,956 shares of company stock worth $334,266,758 over the last ninety days. Company insiders own 27.21% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Plato Investment Management Ltd acquired a new stake in shares of Airbnb during the second quarter worth $3,070,000. Bank of New York Mellon Corp purchased a new stake in shares of Airbnb during the 2nd quarter worth approximately $330,085,000. S&CO Inc. acquired a new stake in Airbnb in the second quarter valued at $8,923,000. Regent Peak Wealth Advisors LLC acquired a new stake in Airbnb in the 2nd quarter valued at about $284,000. Finally, Family Wealth Partners LLC increased its stake in shares of Airbnb by 5.9% during the 2nd quarter. Family Wealth Partners LLC now owns 2,324 shares of the company’s stock worth $333,000 after purchasing an additional 130 shares in the last quarter. Hedge funds and other institutional investors own 80.76% of the company’s stock.

Airbnb News Roundup

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Q2 results exceeded expectations. Revenue rose roughly 16% year over year to $3.61 billion, while earnings reached $1.37 per share versus the $1.26 analyst consensus and $1.03 a year earlier. Gross bookings increased 16% to $27.2 billion. Airbnb stock soars on earnings and revenue beat
• Positive Sentiment: Airbnb raised its financial guidance. Management now expects full-year 2026 revenue growth of at least a mid-teens percentage rate, up from its prior low- to mid-teens forecast. Third-quarter revenue is projected at $4.7 billion to $4.8 billion, above the approximately $4.6 billion consensus estimate. Airbnb boosts forecast on strong demand
• Positive Sentiment: Travel demand and new products are supporting growth. FIFA World Cup bookings across the U.S., Canada and Mexico helped attract first-time users, while international demand remained robust. Airbnb also cited artificial-intelligence tools for hosts and growing revenue from luggage storage and rental cars as additional growth drivers. Airbnb stock jumps as World Cup travel sparks growth
• Positive Sentiment: Analyst sentiment remains favorable. William Blair maintained a Buy rating, citing reaccelerating global bookings and Airbnb’s AI-driven platform expansion. A discounted-cash-flow analysis also suggested potential undervaluation, although other valuation measures remain less compelling. Airbnb analyst maintains Buy rating
• Neutral Sentiment: Risks remain. Airbnb’s valuation is elevated at roughly 37 times earnings, and broader market sentiment is being influenced by employment data, Federal Reserve policy and geopolitical tensions. These factors could limit gains even after the company’s strong report.
• Negative Sentiment: Insider selling is a minor sentiment headwind. CFO Elinor Mertz sold 3,748 shares for about $575,000, while director Nathan Blecharczyk sold approximately $2.07 million of stock. The sales may reflect diversification or scheduled transactions, but they provide a modest counterpoint to the bullish operating update. Airbnb CFO SEC filing

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.