Airbnb (NASDAQ:ABNB) Price Target Raised to $170.00

Airbnb (NASDAQ:ABNB) had its price objective boosted by analysts at Piper Sandler from $145.00 to $170.00 in a report issued on Friday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. Piper Sandler’s target price points to a potential downside of 2.37% from the company’s current price.

Several other equities research analysts have also recently weighed in on the stock. Barclays increased their price objective on shares of Airbnb from $122.00 to $125.00 and gave the stock an “equal weight” rating in a research report on Monday, May 11th. Robert W. Baird boosted their price objective on Airbnb from $150.00 to $160.00 and gave the company an “outperform” rating in a research note on Monday, June 29th. Raymond James Financial raised Airbnb from a “market perform” rating to a “strong-buy” rating in a research note on Monday, May 4th. Jefferies Financial Group boosted their price target on Airbnb from $160.00 to $175.00 and gave the company a “buy” rating in a research note on Tuesday, July 14th. Finally, 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 research report on Monday, May 11th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, fourteen have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $169.50.

Airbnb Trading Up 14.8%

NASDAQ:ABNB traded up $22.48 during trading hours on Friday, hitting $174.12. 10,748,891 shares of the company were exchanged, compared to its average volume of 4,128,110. The stock has a market capitalization of $104.94 billion, a price-to-earnings ratio of 42.82, a price-to-earnings-growth ratio of 1.63 and a beta of 1.14. Airbnb has a one year low of $110.81 and a one year high of $176.40. The company has a fifty day simple moving average of $143.08 and a 200 day simple moving average of $135.56. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 0.32.

Airbnb (NASDAQ:ABNB) last issued its quarterly earnings results on Thursday, August 6th. The company reported $1.37 earnings per share for the quarter, beating the consensus estimate of $1.26 by $0.11. Airbnb had a return on equity of 31.24% and a net margin of 19.90%.The company had revenue of $3.61 billion during the quarter, compared to analysts’ expectations of $3.58 billion. During the same quarter in the prior year, the firm posted $1.03 earnings per share. The business’s quarterly revenue was up 16.3% on a year-over-year basis. Sell-side analysts expect that Airbnb will post 4.93 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, insider Nathan Blecharczyk sold 88,366 shares of the firm’s stock in a transaction that occurred on Wednesday, June 24th. The stock was sold at an average price of $145.81, for a total value of $12,884,646.46. Following the transaction, the insider owned 12,370 shares in the company, valued at $1,803,669.70. This trade represents a 87.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Brian Chesky sold 265,746 shares of the company’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $132.22, for a total value 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. Over the last 90 days, insiders have sold 2,405,956 shares of company stock worth $334,266,758. Insiders own 27.21% of the company’s stock.

Institutional Inflows and Outflows

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

Key Stories Impacting Airbnb

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Quarterly results exceeded expectations. Airbnb reported second-quarter revenue of $3.61 billion, up roughly 16% year over year, and EPS of $1.37 versus the $1.26 consensus estimate. Gross booking value rose 16% to $27.2 billion, supported by higher booking volumes, average daily rates and strong demand across regions. Airbnb stock soars on earnings and revenue beat
• Positive Sentiment: Airbnb raised its growth forecast again. Management now expects full-year 2026 revenue growth of at least a mid-teens percentage rate, up from its prior low- to mid-teens outlook. Third-quarter revenue guidance of $4.7 billion to $4.8 billion also topped the roughly $4.6 billion analyst estimate. The company cited accelerating bookings and continued global travel demand, including a boost from FIFA World Cup-related travel. Airbnb raises revenue outlook
• Positive Sentiment: Artificial intelligence is showing measurable benefits. CEO Brian Chesky said AI is helping Airbnb attract bookings, improve host tools, accelerate product development and reduce customer-service costs. Management plans to spend substantially more on AI, while the company tests new search features and uses AI in much of its software development. Brian Chesky discusses Airbnb AI spending
• Positive Sentiment: Analyst sentiment improved. Wedbush upgraded Airbnb to Outperform with a $200 target, while Oppenheimer and Citizens JMP raised their targets to $190. Heavy call-option activity also reflected increased speculative demand for further upside.
• Neutral Sentiment: Valuation and analyst disagreement remain risks. JPMorgan and Cantor Fitzgerald maintained Neutral ratings despite raising their targets to $170 and $160, respectively. After the rally, Airbnb trades at a relatively elevated earnings multiple, leaving the stock sensitive to any slowdown in bookings or guidance.
• Negative Sentiment: Recent insider selling may modestly temper sentiment. CFO Elinor Mertz sold approximately $575,000 of shares, while director Nathan Blecharczyk sold about $2.1 million. The transactions may reflect routine diversification, and both executives retain ownership stakes, limiting their significance as a fundamental signal.

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.