Airbnb (NASDAQ:ABNB) Rating Increased to Outperform at Wedbush

Wedbush upgraded shares of Airbnb (NASDAQ:ABNB) from a neutral rating to an outperform rating in a report published on Friday, Marketbeat Ratings reports. Wedbush currently has $200.00 price target on the stock, up from their previous price target of $152.00.

Other equities research analysts also recently issued research reports about the stock. Wells Fargo & Company boosted their price objective on shares of Airbnb from $181.00 to $186.00 and gave the company an “overweight” rating in a research report on Friday. Oppenheimer raised shares of Airbnb from a “market perform” rating to an “outperform” rating and set a $180.00 price objective for the company in a report on Monday, May 4th. Barclays lifted their target price on Airbnb from $122.00 to $125.00 and gave the stock an “equal weight” rating in a report on Monday, May 11th. Rodman & Renshaw assumed coverage on shares of Airbnb in a research note on Monday, May 4th. They set a “buy” rating on the stock. Finally, Weiss Ratings raised Airbnb from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, May 12th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $171.52.

Airbnb Price Performance

Shares of NASDAQ:ABNB opened at $178.07 on Friday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.44 and a current ratio of 1.44. The business has a 50-day simple moving average of $143.98 and a two-hundred day simple moving average of $135.85. Airbnb has a fifty-two week low of $110.81 and a fifty-two week high of $178.48. The firm has a market cap of $107.32 billion, a price-to-earnings ratio of 40.47, a price-to-earnings-growth ratio of 1.62 and a beta of 1.14.

Airbnb (NASDAQ:ABNB) last issued its earnings results on Thursday, August 6th. The company reported $1.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.26 by $0.11. The company had revenue of $3.61 billion for the quarter, compared to analysts’ expectations of $3.58 billion. Airbnb had a net margin of 20.45% and a return on equity of 33.03%. The firm’s quarterly revenue was up 16.3% on a year-over-year basis. During the same quarter last year, the company posted $1.03 earnings per share. On average, analysts expect that Airbnb will post 4.93 earnings per share for the current year.

Insider Transactions at Airbnb

In other Airbnb news, CFO Elinor Mertz sold 3,748 shares of the company’s 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 completion of the sale, the chief financial officer directly owned 441,542 shares in the company, valued at approximately $67,706,050.28. This represents a 0.84% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Joseph Gebbia sold 265,000 shares of the company’s stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $145.70, for a total transaction of $38,610,500.00. Following the completion of the sale, the director directly owned 1,828,518 shares of the company’s stock, valued at approximately $266,415,072.60. This trade represents a 12.66% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 2,405,956 shares of company stock valued at $334,266,758 over the last 90 days. 27.21% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Airbnb

Institutional investors have recently added to or reduced their stakes in the stock. Harris Associates L P grew its stake in Airbnb by 21.0% in the fourth quarter. Harris Associates L P now owns 18,694,408 shares of the company’s stock valued at $2,537,205,000 after purchasing an additional 3,240,477 shares during the last quarter. Geode Capital Management LLC increased its position in Airbnb by 0.5% during the 4th quarter. Geode Capital Management LLC now owns 10,076,465 shares of the company’s stock valued at $1,368,338,000 after buying an additional 47,966 shares in the last quarter. AQR Capital Management LLC increased its position in Airbnb by 58.4% during the 4th quarter. AQR Capital Management LLC now owns 6,762,784 shares of the company’s stock valued at $917,845,000 after buying an additional 2,492,847 shares in the last quarter. Clearbridge Investments LLC raised its stake in Airbnb by 3.7% in the fourth quarter. Clearbridge Investments LLC now owns 6,073,947 shares of the company’s stock valued at $824,356,000 after buying an additional 216,455 shares during the last quarter. Finally, Independent Franchise Partners LLP raised its position in shares of Airbnb by 23.6% in the 4th quarter. Independent Franchise Partners LLP now owns 5,146,272 shares of the company’s stock valued at $698,452,000 after purchasing an additional 981,624 shares during the last quarter. 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: 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.