Airbnb (NASDAQ:ABNB – Get Free Report) was upgraded by analysts at Citizens Jmp from a “market perform” rating to an “outperform” rating in a research note issued to investors on Wednesday, Marketbeat Ratings reports. The firm currently has a $160.00 target price on the stock. Citizens Jmp’s price objective would indicate a potential upside of 31.94% from the company’s previous close.
A number of other brokerages have also weighed in on ABNB. Sanford C. Bernstein decreased their price objective on shares of Airbnb from $165.00 to $162.00 and set an “outperform” rating for the company in a report on Tuesday, January 6th. UBS Group lifted their target price on Airbnb from $147.00 to $149.00 and gave the stock a “neutral” rating in a report on Tuesday. Citigroup upgraded Airbnb from a “neutral” rating to an “outperform” rating in a research note on Wednesday. Jefferies Financial Group increased their price objective on Airbnb from $160.00 to $165.00 and gave the company a “buy” rating in a research report on Friday, December 5th. Finally, DA Davidson reiterated a “buy” rating and issued a $155.00 price objective on shares of Airbnb in a report on Friday, December 5th. Two analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, nineteen have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, Airbnb presently has a consensus rating of “Hold” and a consensus price target of $149.04.
Read Our Latest Analysis on ABNB
Airbnb Trading Down 2.7%
Airbnb (NASDAQ:ABNB – Get Free Report) last issued its quarterly earnings results on Thursday, November 6th. The company reported $2.21 earnings per share for the quarter, missing the consensus estimate of $2.31 by ($0.10). The company had revenue of $4.10 billion for the quarter, compared to the consensus estimate of $4.08 billion. Airbnb had a net margin of 22.03% and a return on equity of 32.14%. Airbnb’s revenue was up 9.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.13 earnings per share. As a group, equities research analysts predict that Airbnb will post 4.31 EPS for the current year.
Insider Buying and Selling at Airbnb
In other Airbnb news, Director Joseph Gebbia sold 236,000 shares of the firm’s stock in a transaction dated Monday, November 10th. The stock was sold at an average price of $120.66, for a total value of $28,475,760.00. Following the transaction, the director directly owned 232,015 shares of the company’s stock, valued at approximately $27,994,929.90. This trade represents a 50.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Brian Chesky sold 51,230 shares of the business’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $131.16, for a total value of $6,719,326.80. Following the sale, the chief executive officer owned 45,854 shares of the company’s stock, valued at approximately $6,014,210.64. This represents a 52.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 1,206,022 shares of company stock valued at $148,582,096. 27.91% of the stock is owned by company insiders.
Institutional Trading of Airbnb
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Caxton Associates LLP bought a new stake in Airbnb during the 1st quarter worth approximately $258,000. Intech Investment Management LLC increased its stake in shares of Airbnb by 55.8% in the first quarter. Intech Investment Management LLC now owns 12,161 shares of the company’s stock worth $1,453,000 after purchasing an additional 4,353 shares in the last quarter. Sivia Capital Partners LLC raised its position in shares of Airbnb by 18.8% during the 2nd quarter. Sivia Capital Partners LLC now owns 5,866 shares of the company’s stock valued at $776,000 after purchasing an additional 927 shares during the period. Simplicity Wealth LLC purchased a new position in shares of Airbnb during the 2nd quarter valued at $833,000. Finally, KLP Kapitalforvaltning AS boosted its holdings in Airbnb by 1.7% in the 2nd quarter. KLP Kapitalforvaltning AS now owns 201,900 shares of the company’s stock worth $26,719,000 after buying an additional 3,400 shares during the period. 80.76% of the stock is owned by hedge funds and other institutional investors.
Trending Headlines about Airbnb
Here are the key news stories impacting Airbnb this week:
- Positive Sentiment: Citizens JMP upgraded ABNB to “outperform” and set a $160 price target, giving the stock visible upside vs. recent levels and likely supporting buyer interest. Citizens Upgrade
- Positive Sentiment: Analyst/valuation coverage (Yahoo) highlights growing confidence among some analysts — upgrades and constructive notes can lift sentiment and help sustain multiple expansion if fundamentals stay on track. Yahoo Valuation Check
- Neutral Sentiment: Insider activity: CFO Elinor Mertz sold 3,750 shares at about $130 on Feb. 2. The sale is small relative to her total holdings and may be routine diversification rather than a signal of deteriorating fundamentals. Insider Sale Filing
- Neutral Sentiment: Stock is a trending/watchlist name (Zacks), keeping it sensitive to news flow; heightened attention increases intraday volatility but isn’t a directional fundamental driver by itself. Zacks Trending Stock Note
- Neutral Sentiment: Analyst target roundups show a wide dispersion (consensus ~$149), so upside depends on execution and macro; the mix of Buy/Hold ratings means the stock will react to new guidance or macro shifts. Wall Street Targets
- Negative Sentiment: Valuation risk: analysis on Seeking Alpha flags that Airbnb’s hotel expansion and growth initiatives are promising but current valuation leaves little room for execution error — a downside risk if growth slows or costs rise. Seeking Alpha Valuation Caution
- Negative Sentiment: Institutional trimming: ARK disclosed reductions in its Airbnb stake, and high‑profile ETF adjustments can pressure sentiment even if mechanically driven by rebalancing. ARK/TipRanks Trades
- Negative Sentiment: Near‑term underperformance flagged: MarketWatch coverage notes recent days of the stock underperforming the market, reflecting sensitivity to earnings cadence and macro headlines that can exacerbate pullbacks. MarketWatch Performance Note
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.
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