Airbnb (NASDAQ:ABNB) Price Target Raised to $125.00

Airbnb (NASDAQ:ABNB) had its price target upped by Morgan Stanley from $120.00 to $125.00 in a research report sent to investors on Thursday morning, MarketBeat reports. The firm currently has an underweight rating on the stock.

A number of other brokerages have also issued reports on ABNB. Oppenheimer upgraded shares of Airbnb from a “market perform” rating to an “outperform” rating and set a $180.00 target price on the stock in a research note on Monday, May 4th. Barclays boosted their price objective on Airbnb from $122.00 to $125.00 and gave the company an “equal weight” rating in a report on Monday, May 11th. Scotiabank assumed coverage on Airbnb in a research note on Monday, May 4th. They set an “outperform” rating on the stock. Truist Financial increased their target price on Airbnb from $129.00 to $134.00 and gave the stock a “hold” rating in a report on Friday, June 12th. Finally, The Goldman Sachs Group set a $170.00 target price on Airbnb in a research report on Tuesday. Two analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $160.65.

Airbnb Stock Down 0.4%

Shares of NASDAQ:ABNB opened at $151.52 on Thursday. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 0.32. The company has a fifty day simple moving average of $141.62 and a 200 day simple moving average of $135.10. The firm has a market cap of $91.32 billion, a PE ratio of 37.32, a price-to-earnings-growth ratio of 1.62 and a beta of 1.14. Airbnb has a 12-month low of $110.81 and a 12-month high of $156.50.

Airbnb (NASDAQ:ABNB) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.05). The company had revenue of $2.68 billion during the quarter, compared to analyst estimates of $2.62 billion. Airbnb had a net margin of 19.90% and a return on equity of 31.24%. The company’s revenue was up 17.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.24 earnings per share. On average, equities research analysts anticipate that Airbnb will post 4.93 EPS for the current fiscal year.

Insider Buying and Selling at Airbnb

In other Airbnb news, CFO Elinor Mertz sold 3,750 shares of Airbnb stock in a transaction that occurred on Thursday, July 2nd. The stock was sold at an average price of $148.01, for a total value of $555,037.50. Following the completion of the transaction, the chief financial officer directly owned 445,290 shares in the company, valued at $65,907,372.90. The trade was a 0.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Joseph Gebbia sold 265,000 shares of the company’s stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $145.70, for a total value of $38,610,500.00. Following the transaction, the director directly owned 1,828,518 shares of the company’s stock, valued at $266,415,072.60. This trade represents a 12.66% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 2,510,479 shares of company stock worth $349,064,808 in the last ninety days. Insiders own 27.21% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Transamerica Financial Advisors LLC lifted its stake in Airbnb by 143.6% in the fourth quarter. Transamerica Financial Advisors LLC now owns 190 shares of the company’s stock valued at $26,000 after buying an additional 112 shares during the last quarter. ORG Partners LLC boosted its holdings in shares of Airbnb by 97.0% during the fourth quarter. ORG Partners LLC now owns 195 shares of the company’s stock valued at $26,000 after acquiring an additional 96 shares during the period. Entrust Financial LLC bought a new position in shares of Airbnb during the fourth quarter worth about $27,000. Meeder Asset Management Inc. grew its position in shares of Airbnb by 96.3% during the first quarter. Meeder Asset Management Inc. now owns 214 shares of the company’s stock worth $27,000 after acquiring an additional 105 shares during the last quarter. Finally, Sunbelt Securities Inc. grew its position in shares of Airbnb by 397.7% during the third quarter. Sunbelt Securities Inc. now owns 219 shares of the company’s stock worth $27,000 after acquiring an additional 175 shares during the last quarter. Institutional investors and hedge funds own 80.76% of the company’s stock.

Airbnb News Summary

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Airbnb’s upcoming earnings report is expected to show continued earnings growth, with analysts looking for a potential beat based on improving revenue trends and expectations. The company’s previous quarter delivered revenue above estimates and 17.9% year-over-year growth, although EPS fell short. Airbnb Earnings Expected to Grow
• Positive Sentiment: Recent commentary points to continued long-term growth potential from Airbnb’s global marketplace, expanded travel offerings and the possibility of another major growth cycle. The stock’s position above key moving averages also indicates sustained momentum. Airbnb Momentum Opens a Bigger Debate
• Neutral Sentiment: UBS raised its price target for ABNB to $163 from $157 while maintaining a Neutral rating. The higher target acknowledges some upside, but the unchanged rating signals that the firm still sees balanced risk and reward at current valuation levels. UBS Raises Airbnb Price Target
• Negative Sentiment: Morgan Stanley maintained its Sell/Underweight view, raising its price target only modestly to $125 from $120. The target remains well below recent trading levels, highlighting concerns that Airbnb’s premium valuation may not be supported by near-term growth. Morgan Stanley Maintains Sell Rating
• Negative Sentiment: Director Joseph Gebbia sold approximately 2.1 million shares for about $315.9 million across July 27 and 28, liquidating his indirect Class A holdings. The unusually large sale, following additional recent insider transactions, could weigh on investor sentiment even though it does not necessarily indicate deteriorating fundamentals. Joseph Gebbia Sells Airbnb Shares
• Negative Sentiment: Airbnb trades at a richer valuation than Booking Holdings, while regulatory risks affecting short-term rentals remain an overhang. Investors may therefore demand stronger earnings and guidance to justify the premium multiple. Airbnb Versus Booking

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.