Airbnb, Inc. (NASDAQ:ABNB – Get Free Report) CFO Elinor Mertz sold 3,748 shares of Airbnb stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $153.34, for a total value of $574,718.32. Following the sale, the chief financial officer directly owned 441,542 shares of the company’s stock, valued at approximately $67,706,050.28. This trade represents a 0.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Elinor Mertz also recently made the following trade(s):
- On Thursday, July 2nd, Elinor Mertz sold 3,750 shares of Airbnb stock. The stock was sold at an average price of $148.01, for a total transaction of $555,037.50.
- On Tuesday, June 2nd, Elinor Mertz sold 7,433 shares of Airbnb stock. The shares were sold at an average price of $136.24, for a total transaction of $1,012,671.92.
Airbnb Stock Up 17.4%
NASDAQ:ABNB opened at $178.07 on Friday. Airbnb, Inc. has a 1 year low of $110.81 and a 1 year high of $178.48. The stock has a 50-day moving average price of $143.98 and a two-hundred day moving average price of $135.85. The stock has a market cap of $107.32 billion, a price-to-earnings ratio of 40.47, a PEG ratio of 1.62 and a beta of 1.14. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 0.32.
Analyst Upgrades and Downgrades
Several equities research analysts have recently commented on ABNB shares. Truist Financial increased their price objective on Airbnb from $129.00 to $134.00 and gave the company a “hold” rating in a report on Friday, June 12th. Morgan Stanley upped their price target on shares of Airbnb from $120.00 to $125.00 and gave the stock an “underweight” rating in a research report on Thursday, July 30th. Susquehanna increased their price target on shares of Airbnb from $170.00 to $200.00 and gave the company a “positive” rating in a research note on Friday. Canaccord Genuity Group set a $200.00 price objective on shares of Airbnb in a research report on Friday. Finally, Benchmark boosted their price objective on shares of Airbnb from $160.00 to $180.00 and gave the stock a “buy” rating in a research note on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $171.52.
View Our Latest Analysis on Airbnb
Hedge Funds Weigh In On Airbnb
A number of hedge funds have recently added to or reduced their stakes in the stock. Transamerica Financial Advisors LLC grew its position in Airbnb by 143.6% in the fourth quarter. Transamerica Financial Advisors LLC now owns 190 shares of the company’s stock valued at $26,000 after acquiring an additional 112 shares during the last quarter. Entrust Financial LLC bought a new position in shares of Airbnb in the fourth quarter worth about $27,000. Meeder Asset Management Inc. boosted its stake in shares of Airbnb by 96.3% in the 1st quarter. Meeder Asset Management Inc. now owns 214 shares of the company’s stock valued at $27,000 after purchasing an additional 105 shares in the last quarter. Sunbelt Securities Inc. boosted its stake in shares of Airbnb by 397.7% in the 3rd quarter. Sunbelt Securities Inc. now owns 219 shares of the company’s stock valued at $27,000 after purchasing an additional 175 shares in the last quarter. Finally, Wiser Advisor Group LLC bought a new stake in shares of Airbnb during the 3rd quarter valued at approximately $27,000. Institutional investors own 80.76% of the company’s stock.
Key Headlines Impacting Airbnb
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
About Airbnb
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.
Recommended Stories
- Five stocks we like better than Airbnb
- Datadog’s Drop Says More About Expectations Than Earnings
- D-Wave’s Quantum Breakthrough Couldn’t Save QBTS From a Sell-Off
- Cloudflare’s Beat-and-Raise Quarter Puts Its AI Edge Story in Focus
- Solventum Nears Inflection Point As It Begins to Unlock Value
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.
