Airbnb (NASDAQ:ABNB) Price Target Raised to $190.00 at Citizens Jmp

Airbnb (NASDAQ:ABNB) had its price objective boosted by Citizens Jmp from $170.00 to $190.00 in a research report report published on Friday,Benzinga reports. Citizens Jmp currently has a market outperform rating on the stock.

A number of other equities research analysts also recently weighed in on ABNB. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $170.00 price target on shares of Airbnb in a research note on Friday, May 8th. DA Davidson raised their price objective on shares of Airbnb from $150.00 to $162.00 and gave the stock a “buy” rating in a report on Monday, May 11th. CICC Research assumed coverage on shares of Airbnb in a research report on Friday, June 5th. They set an “outperform” rating and a $165.00 target price on the stock. HC Wainwright raised shares of Airbnb to a “buy” rating in a research note on Monday, May 4th. Finally, Cantor Fitzgerald increased their price target on shares of Airbnb from $140.00 to $160.00 and gave the stock a “neutral” rating in a research report on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Airbnb has a consensus rating of “Moderate Buy” and a consensus price target of $171.52.

Airbnb Trading Up 17.4%

Shares of ABNB opened at $178.07 on Friday. The stock’s 50-day moving average price is $143.98 and its 200 day moving average price is $135.85. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $107.32 billion, a price-to-earnings ratio of 40.47, a P/E/G ratio of 1.62 and a beta of 1.14. Airbnb has a 12-month low of $110.81 and a 12-month high of $178.48.

Airbnb (NASDAQ:ABNB) last announced its quarterly earnings data on Thursday, August 6th. The company reported $1.37 EPS for the quarter, topping analysts’ consensus estimates of $1.26 by $0.11. Airbnb had a return on equity of 33.03% and a net margin of 20.45%.The company had revenue of $3.61 billion during the quarter, compared to the consensus estimate of $3.58 billion. During the same quarter last year, the company earned $1.03 EPS. The company’s quarterly revenue was up 16.3% on a year-over-year basis. As a group, research analysts predict that Airbnb will post 4.93 earnings per share for the current year.

Insiders Place Their Bets

In other news, insider Nathan Blecharczyk sold 88,366 shares of the company’s stock in a transaction dated Wednesday, June 24th. The shares were sold at an average price of $145.81, for a total value of $12,884,646.46. Following the sale, the insider owned 12,370 shares of the company’s stock, valued at approximately $1,803,669.70. This represents a 87.72% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Brian Chesky sold 265,746 shares of the stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $132.22, for a total transaction of $35,136,936.12. Following the sale, the chief executive officer owned 11,206,389 shares of the company’s stock, valued at $1,481,708,753.58. This trade represents a 2.32% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 2,405,956 shares of company stock worth $334,266,758 over the last three months. 27.21% of the stock is currently owned by corporate insiders.

Institutional Trading of Airbnb

Several large investors have recently added to or reduced their stakes in ABNB. North Dakota State Investment Board bought a new stake in Airbnb during the 4th quarter worth approximately $2,785,000. Merit Financial Group LLC raised its position in Airbnb by 72.1% in the 4th quarter. Merit Financial Group LLC now owns 32,994 shares of the company’s stock valued at $4,478,000 after purchasing an additional 13,818 shares during the last quarter. North Star Asset Management Inc. raised its position in Airbnb by 13.4% in the 4th quarter. North Star Asset Management Inc. now owns 78,564 shares of the company’s stock valued at $10,663,000 after purchasing an additional 9,294 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp boosted its stake in Airbnb by 18.3% in the fourth quarter. Mitsubishi UFJ Trust & Banking Corp now owns 223,291 shares of the company’s stock worth $30,305,000 after purchasing an additional 34,573 shares in the last quarter. Finally, Oxbow Advisors LLC boosted its stake in Airbnb by 122.9% in the fourth quarter. Oxbow Advisors LLC now owns 50,414 shares of the company’s stock worth $6,842,000 after purchasing an additional 27,793 shares in the last quarter. 80.76% of the stock is owned by institutional investors.

More Airbnb News

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Q2 results beat expectations. Revenue rose 16.3% year over year to $3.61 billion, exceeding the $3.58 billion consensus estimate, while EPS of $1.37 topped estimates of $1.26 and increased from $1.03 a year earlier. Gross bookings rose 16% to $27.2 billion. Airbnb stock soars on earnings and revenue beat
• Positive Sentiment: Airbnb raised its forecast. The company now expects 2026 revenue growth of at least a mid-teens rate, up from its prior low- to mid-teens projection. Third-quarter revenue guidance of $4.7 billion to $4.8 billion also exceeded consensus expectations. Airbnb boosts forecast on strong demand
• Positive Sentiment: Travel demand and AI are strengthening the growth narrative. Management cited resilient demand across regions, World Cup-related bookings and higher average daily rates. CEO Brian Chesky said AI is helping attract bookings, accelerate feature development, support hosts and reduce service costs, with further AI investment planned. Chesky says Airbnb will spend more on AI
• Neutral Sentiment: Analyst views are mixed after the rally. Wedbush upgraded ABNB to outperform with a $200 target, while Oppenheimer and Citizens JMP set $190 targets. JPMorgan, Piper Sandler and Cantor Fitzgerald maintained neutral ratings with targets below the recent trading level, highlighting valuation risk. Airbnb analyst price-target changes
• Negative Sentiment: Valuation and insider selling remain risks. After reaching its highest level in four years, ABNB may face profit-taking or elevated expectations. CFO Elinor Mertz also sold approximately $575,000 of stock, although she retained a substantial position. Airbnb CFO stock sale

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.