Airbnb (NASDAQ:ABNB) Research Coverage Started at Rosenblatt Securities

Rosenblatt Securities assumed coverage on shares of Airbnb (NASDAQ:ABNB) in a research report sent to investors on Tuesday morning, MarketBeat Ratings reports. The brokerage issued a buy rating and a $220.00 price objective on the stock.

ABNB has been the topic of several other research reports. Rodman & Renshaw began coverage on shares of Airbnb in a research report on Monday, May 4th. They set a “buy” rating on the stock. The Goldman Sachs Group set a $170.00 price objective on Airbnb in a research report on Tuesday, July 28th. Cantor Fitzgerald raised their target price on Airbnb from $140.00 to $160.00 and gave the stock a “neutral” rating in a research note on Friday, August 7th. Canaccord Genuity Group set a $200.00 target price on Airbnb in a research report on Friday, August 7th. Finally, CICC Research started coverage on Airbnb in a research note on Friday, June 5th. They issued an “outperform” rating and a $165.00 price target on the stock. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $177.07.

Airbnb Trading Up 1.1%

Shares of ABNB stock opened at $185.25 on Tuesday. The company’s 50-day moving average price is $162.30 and its 200-day moving average price is $143.70. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.32. The stock has a market cap of $110.93 billion, a price-to-earnings ratio of 42.10, a PEG ratio of 2.12 and a beta of 1.16. Airbnb has a twelve month low of $110.81 and a twelve month high of $193.45.

Airbnb (NASDAQ:ABNB) last announced its quarterly earnings data on Thursday, August 6th. The company reported $1.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.26 by $0.11. The firm had revenue of $3.61 billion during the quarter, compared to analyst estimates of $3.58 billion. Airbnb had a net margin of 20.45% and a return on equity of 33.38%. Airbnb’s quarterly revenue was up 16.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.03 earnings per share. As a group, equities analysts predict that Airbnb will post 5.23 earnings per share for the current year.

Insider Transactions at Airbnb

In related news, CEO Brian Chesky sold 200,000 shares of the stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $174.79, for a total transaction of $34,958,000.00. Following the completion of the transaction, the chief executive officer owned 10,501,685 shares of the company’s stock, valued at approximately $1,835,589,521.15. This trade represents a 1.87% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Joseph Gebbia Jr. sold 294,903 shares of the stock in a transaction that occurred on Monday, June 29th. The stock was sold at an average price of $148.43, for a total transaction of $43,772,452.29. Following the transaction, the director directly owned 2,622,452 shares of the company’s stock, valued at $389,250,550.36. The trade was a 10.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 2,330,588 shares of company stock worth $380,660,896. 27.21% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Airbnb

Institutional investors and hedge funds have recently modified their holdings of the company. Transamerica Financial Advisors LLC boosted its holdings in Airbnb by 143.6% during the 4th 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 period. Entrust Financial LLC acquired a new position in Airbnb in the 4th quarter valued at about $27,000. Meeder Asset Management Inc. increased its stake in Airbnb by 96.3% during the first quarter. Meeder Asset Management Inc. now owns 214 shares of the company’s stock worth $27,000 after purchasing an additional 105 shares during the period. Sunbelt Securities Inc. increased its stake in Airbnb by 397.7% during the third quarter. Sunbelt Securities Inc. now owns 219 shares of the company’s stock worth $27,000 after purchasing an additional 175 shares during the period. Finally, Wiser Advisor Group LLC purchased a new stake in Airbnb during the third quarter worth about $27,000. Hedge funds and other institutional investors own 80.76% of the company’s stock.

More Airbnb News

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Rosenblatt Securities initiated coverage with a “Buy”/“Strong Buy” recommendation and a $220 price target. The target suggests meaningful upside from recent trading levels and adds to a generally favorable analyst outlook for Airbnb. Rosenblatt initiates coverage of Airbnb
• Positive Sentiment: ABNB moved above its 20-day moving average, a technical signal that suggests improving short-term momentum and may attract additional buying from trend-focused investors. Airbnb overtakes 20-day moving average
• Positive Sentiment: Airbnb appointed Pepijn Rijvers as chief business officer. Rijvers’ prior leadership experience at Tripadvisor and Booking.com could support Airbnb’s expansion of hotels and other travel offerings, reinforcing its broader growth strategy. Airbnb names Pepijn Rijvers chief business officer
• Neutral Sentiment: Investor commentary continues to compare Airbnb favorably with other consumer-growth companies, citing its global listing network and high net margin. The discussion is supportive but does not represent a specific estimate or change to Airbnb’s fundamentals. Airbnb versus Spotify comparison
• Negative Sentiment: Insiders continued to sell shares. Chief Accounting Officer David Bernstein sold 5,224 shares for approximately $953,000, while co-founder Nathan Blecharczyk recently sold an additional 13,615 shares for about $2.55 million and has substantially reduced his position through multiple transactions. Such sales can weigh on sentiment, although they may reflect personal financial planning rather than concerns about Airbnb’s business. Airbnb insider selling

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.