Airbnb, Inc. (NASDAQ:ABNB) Stock Has Consensus Target Price of $182.43

Shares of Airbnb, Inc. (NASDAQ:ABNB) have been given an average rating of “Moderate Buy” by the forty-four research firms that are currently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, twenty-seven have issued a buy rating and two have given a strong buy rating to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $182.65.

ABNB has been the subject of a number of analyst reports. B. Riley Financial reissued a “buy” rating and issued a $210.00 price target (up from $180.00) on shares of Airbnb in a report on Friday, August 7th. The Goldman Sachs Group raised shares of Airbnb from a “sell” rating to a “neutral” rating in a research note on Friday, October 2nd. HSBC lifted their target price on shares of Airbnb from $162.00 to $177.00 and gave the company a “buy” rating in a report on Friday, August 7th. Robert W. Baird boosted their target price on shares of Airbnb from $175.00 to $200.00 and gave the company an “outperform” rating in a research note on Tuesday, September 8th. Finally, Wells Fargo & Company lowered their price target on shares of Airbnb from $186.00 to $185.00 and set an “overweight” rating on the stock in a report on Wednesday, October 7th.

Insider Activity

In other Airbnb news, insider Nathan Blecharczyk sold 13,615 shares of the stock in a transaction that occurred on Monday, October 26th. The stock was sold at an average price of $170.81, for a total transaction of $2,325,578.15. Following the completion of the transaction, the insider owned 20,567 shares of the company’s stock, valued at $3,513,049.27. This represents a 39.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO David C. Bernstein sold 1,369 shares of the stock in a transaction that occurred on Thursday, October 15th. The shares were sold at an average price of $168.01, for a total value of $230,005.69. Following the transaction, the chief accounting officer directly owned 45,655 shares of the company’s stock, valued at $7,670,496.55. The trade was a 2.91% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 1,281,967 shares of company stock worth $230,470,521. 27.21% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Jennison Associates LLC increased its stake in Airbnb by 9,331.0% during the first quarter. Jennison Associates LLC now owns 3,172,959 shares of the company’s stock worth $400,681,000 after purchasing an additional 3,139,315 shares during the period. Wellington Management Group LLP boosted its stake in shares of Airbnb by 80.6% in the second quarter. Wellington Management Group LLP now owns 5,785,665 shares of the company’s stock valued at $827,929,000 after purchasing an additional 2,581,539 shares during the period. Bank of New York Mellon Corp purchased a new position in shares of Airbnb in the second quarter valued at approximately $330,085,000. Assenagon Asset Management S.A. increased its holdings in Airbnb by 114.6% during the 3rd quarter. Assenagon Asset Management S.A. now owns 3,401,521 shares of the company’s stock worth $546,454,000 after purchasing an additional 1,816,522 shares during the period. Finally, MKA Charitable Fund acquired a new stake in Airbnb in the 2nd quarter valued at about $232,515,606. 80.76% of the stock is owned by hedge funds and other institutional investors.

Airbnb Stock Performance

Shares of ABNB stock opened at $166.96 on Friday. The stock has a market cap of $99.97 billion, a PE ratio of 37.95, a price-to-earnings-growth ratio of 1.96 and a beta of 1.26. The business has a 50-day simple moving average of $169.60 and a 200-day simple moving average of $147.00. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.32. Airbnb has a 52-week low of $110.81 and a 52-week high of $193.45.

Airbnb (NASDAQ:ABNB) last posted its earnings results on Thursday, August 6th. The company reported $1.37 EPS for the quarter, topping the consensus estimate of $1.26 by $0.11. The firm had revenue of $3.61 billion for the quarter, compared to analyst estimates of $3.58 billion. Airbnb had a return on equity of 33.38% and a net margin of 20.45%. Airbnb’s revenue for the quarter was up 16.3% compared to the same quarter last year. During the same period last year, the company earned $1.03 earnings per share. On average, equities analysts expect that Airbnb will post 5.29 EPS for the current year.

Airbnb News Roundup

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: UBS raised its price target to $181 from $172, while keeping a neutral rating. The higher target signals improved valuation expectations, though the neutral stance limits the strength of the endorsement. UBS price-target report
• Positive Sentiment: Pre-earnings coverage points to strong travel demand, rising bookings, and AI enhancements as potential supports for Q3 performance. Q3 earnings preview
• Neutral Sentiment: CEO Brian Chesky said he had to improve his approach to hiring, management, and prioritization as Airbnb grew. The comments offer leadership context but do not indicate a specific change to the company’s financial outlook. Brian Chesky on leadership
• Negative Sentiment: Analysts warn that higher costs may have pressured Q3 margins, tempering the benefit of stronger travel demand and bookings. Q3 earnings preview
• Negative Sentiment: Airbnb’s move to eliminate checkout chores is popular with guests but has angered some hosts. Any resulting host friction or pressure to raise prices could create uncertainty ahead of earnings. Airbnb checkout-rule report

About Airbnb

Airbnb, Inc operates a global online marketplace that connects guests seeking accommodations and travel activities with hosts and service providers. Its platform enables users to search for, book and review a broad range of stays, including private rooms, entire homes, apartments and other distinctive properties.

In addition to lodging, Airbnb offers experiences and activities hosted by local individuals and businesses. The company also provides tools and services that help hosts create listings, manage bookings, communicate with guests and receive payments.