Airbnb, Inc. $ABNB Stock: Parallel Advisors LLC Decreases Stake

Parallel Advisors LLC decreased its holdings in shares of Airbnb, Inc. (NASDAQ:ABNB) by 12.9% during the third quarter, according to its most recent filing with the SEC. The firm owned 20,606 shares of the company’s stock after selling 3,043 shares during the period. Parallel Advisors LLC’s holdings in Airbnb were worth $3,310,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Jennison Associates LLC increased its holdings in shares of Airbnb by 9,331.0% in the 1st quarter. Jennison Associates LLC now owns 3,172,959 shares of the company’s stock valued at $400,681,000 after acquiring an additional 3,139,315 shares during the period. Wellington Management Group LLP raised its holdings in Airbnb by 80.6% in the second quarter. Wellington Management Group LLP now owns 5,785,665 shares of the company’s stock worth $827,929,000 after purchasing an additional 2,581,539 shares in the last quarter. Bank of New York Mellon Corp purchased a new position in shares of Airbnb in the 2nd quarter worth approximately $330,085,000. Assenagon Asset Management S.A. lifted its position in Airbnb by 114.6% during the third quarter. Assenagon Asset Management S.A. now owns 3,401,521 shares of the company’s stock valued at $546,454,000 after acquiring an additional 1,816,522 shares during the last quarter. Finally, MKA Charitable Fund acquired a new stake in Airbnb in the second quarter valued at approximately $232,515,606. Institutional investors own 80.76% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently commented on ABNB. Cantor Fitzgerald increased their price objective on Airbnb from $160.00 to $180.00 and gave the company a “neutral” rating in a report on Friday. Wells Fargo & Company boosted their price target on Airbnb from $185.00 to $215.00 and gave the stock an “overweight” rating in a research note on Friday. BMO Capital Markets increased their price objective on shares of Airbnb from $146.00 to $165.00 and gave the company a “market perform” rating in a research report on Monday, August 10th. Argus upped their price target on shares of Airbnb from $165.00 to $220.00 and gave the company a “buy” rating in a research note on Friday, August 21st. Finally, Raymond James Financial reiterated an “outperform” rating on shares of Airbnb in a research note on Tuesday, November 3rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, thirteen have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $193.85.

Key Airbnb News

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Airbnb reported Q3 revenue of $4.87 billion, up 18.9% year over year and above estimates. Adjusted earnings of $3.16 per share also beat forecasts. Booking demand strengthened, with nights booked up 16%, marking the company’s fastest revenue growth in more than three years. Airbnb Q3 results
• Positive Sentiment: Management raised its 2026 revenue-growth outlook to the high teens from the mid teens and forecast Q4 revenue of $3.22 billion to $3.28 billion. Executives described the business as “back in growth mode,” citing resilient global travel demand and stronger bookings. Airbnb raises its annual outlook
• Positive Sentiment: The company authorized a $12 billion stock buyback, which could support shareholder returns. Management also pointed to AI-driven efficiency and hotel expansion as opportunities to improve operations and broaden growth. Q3 highlights, buyback and growth plans
• Positive Sentiment: Several analysts raised price targets after the results, including Oppenheimer, Citi and RBC, reinforcing the view that accelerating growth could support further gains. Analysts raise Airbnb price targets
• Neutral Sentiment: Some analysts remain cautious, arguing that valuation may limit upside despite the stronger outlook. Commentary also flagged possible effects from currency movements and a payment feature on reported results; these are potential caveats, not evidence that demand has weakened. Analysis of Q3 results and potential caveats

Insiders Place Their Bets

In related news, insider Nathan Blecharczyk sold 13,615 shares of the company’s stock in a transaction dated Monday, October 26th. The stock was sold at an average price of $170.81, for a total value of $2,325,578.15. Following the completion of the transaction, the insider owned 20,567 shares of the company’s stock, valued at approximately $3,513,049.27. This represents a 39.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO David C. Bernstein sold 1,756 shares of the firm’s stock in a transaction that occurred on Monday, November 2nd. The shares were sold at an average price of $167.38, for a total value of $293,919.28. Following the completion of the sale, the chief accounting officer directly owned 43,899 shares in the company, valued at approximately $7,347,814.62. The trade was a 3.85% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 524,377 shares of company stock worth $98,303,710 over the last three months. 27.21% of the stock is currently owned by insiders.

Airbnb Price Performance

ABNB stock opened at $189.99 on Monday. Airbnb, Inc. has a 12 month low of $110.81 and a 12 month high of $193.45. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.73 and a quick ratio of 1.73. The company has a market capitalization of $113.76 billion, a P/E ratio of 35.51, a price-to-earnings-growth ratio of 2.12 and a beta of 1.26. The firm’s fifty day simple moving average is $169.07 and its 200-day simple moving average is $147.71.

Airbnb (NASDAQ:ABNB) last issued its quarterly earnings data on Thursday, November 5th. The company reported $3.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.85 by $0.31. The business had revenue of $4.87 billion during the quarter, compared to analysts’ expectations of $4.75 billion. Airbnb had a return on equity of 38.94% and a net margin of 23.02%. The company’s revenue for the quarter was up 18.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.21 EPS. As a group, equities research analysts forecast that Airbnb, Inc. will post 5.43 earnings per share for the current year.

Airbnb Profile

Airbnb operates an online marketplace that connects travelers with hosts offering short-term stays and other travel-related services. Listings include apartments, houses, rooms and distinctive accommodations, with options ranging from brief visits to longer stays. The platform also offers bookable experiences in destinations around the world.

Founded in 2007 in San Francisco, Airbnb was started by Brian Chesky, Nathan Blecharczyk and Joe Gebbia. The company serves guests and hosts in more than 220 countries and regions, providing tools for listing properties, managing reservations and handling payments.

Brian Chesky is Airbnb’s co-founder and chief executive officer.