Key Points
- Airbnb CAO David Bernstein sold 5,224 shares at an average price of $182.49, totaling approximately $953,000 and reducing his direct ownership by 9.72%.
- Airbnb reported quarterly EPS of $1.37, beating estimates by $0.11, while revenue reached $3.61 billion, up 16.3% year over year. Shares opened at $185.25, near their 52-week high.
- Analyst sentiment remains generally favorable, with a consensus “Moderate Buy” rating and average price target of $177.07; recent targets range as high as $220, although some firms maintain neutral or underweight ratings.
Airbnb, Inc. (NASDAQ:ABNB - Get Free Report) CAO David Bernstein sold 5,224 shares of the company's stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $182.49, for a total value of $953,327.76. Following the transaction, the chief accounting officer directly owned 48,513 shares in the company, valued at $8,853,137.37. The trade was a 9.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link.
Airbnb Trading Up 1.1%
Shares of NASDAQ ABNB opened at $185.25 on Friday. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.32. Airbnb, Inc. has a one year low of $110.81 and a one year high of $193.45. The business has a 50-day moving average price of $162.30 and a two-hundred day moving average price of $143.70. The firm has a market capitalization of $110.93 billion, a PE ratio of 42.10, a PEG ratio of 2.12 and a beta of 1.16.
Airbnb (NASDAQ:ABNB - Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported $1.37 earnings per share for the quarter, beating analysts' consensus estimates of $1.26 by $0.11. The company had revenue of $3.61 billion for the quarter, compared to the consensus estimate of $3.58 billion. Airbnb had a return on equity of 33.38% and a net margin of 20.45%.The firm's quarterly revenue was up 16.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.03 EPS. As a group, analysts predict that Airbnb, Inc. will post 5.23 earnings per share for the current fiscal year.
Analysts Set New Price Targets
A number of research firms have issued reports on ABNB. BMO Capital Markets increased their target price on shares of Airbnb from $146.00 to $165.00 and gave the stock a "market perform" rating in a research report on Monday, August 10th. Morgan Stanley boosted their price target on shares of Airbnb from $120.00 to $125.00 and gave the company an "underweight" rating in a report on Thursday, July 30th. Weiss Ratings raised shares of Airbnb from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Friday, August 21st. KeyCorp reiterated a "sector weight" rating on shares of Airbnb in a report on Monday, August 10th. Finally, Citizens Jmp lifted their price objective on Airbnb from $170.00 to $190.00 and gave the company a "market outperform" rating in a research report on Friday, August 7th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $177.07.
Get Our Latest Report on Airbnb
Airbnb News Roundup
Here are the key news stories impacting Airbnb this week:
- Positive Sentiment: Rosenblatt Securities initiated coverage with a “Buy”/“Strong Buy” recommendation and a $220 price target. The target suggests meaningful upside from recent trading levels and adds to a generally favorable analyst outlook for Airbnb. Rosenblatt initiates coverage of Airbnb
- Positive Sentiment: ABNB moved above its 20-day moving average, a technical signal that suggests improving short-term momentum and may attract additional buying from trend-focused investors. Airbnb overtakes 20-day moving average
- Positive Sentiment: Airbnb appointed Pepijn Rijvers as chief business officer. Rijvers’ prior leadership experience at Tripadvisor and Booking.com could support Airbnb’s expansion of hotels and other travel offerings, reinforcing its broader growth strategy. Airbnb names Pepijn Rijvers chief business officer
- Neutral Sentiment: Investor commentary continues to compare Airbnb favorably with other consumer-growth companies, citing its global listing network and high net margin. The discussion is supportive but does not represent a specific estimate or change to Airbnb’s fundamentals. Airbnb versus Spotify comparison
- Negative Sentiment: Insiders continued to sell shares. Chief Accounting Officer David Bernstein sold 5,224 shares for approximately $953,000, while co-founder Nathan Blecharczyk recently sold an additional 13,615 shares for about $2.55 million and has substantially reduced his position through multiple transactions. Such sales can weigh on sentiment, although they may reflect personal financial planning rather than concerns about Airbnb’s business. Airbnb insider selling
Institutional Investors Weigh In On Airbnb
A number of hedge funds have recently bought and sold shares of ABNB. California State Teachers Retirement System grew its position in shares of Airbnb by 13,162.3% in the second quarter. California State Teachers Retirement System now owns 91,253,439 shares of the company's stock valued at $13,058,367,000 after purchasing an additional 90,565,372 shares during the last quarter. Harris Associates L P lifted its position in shares of Airbnb by 21.0% during the 4th quarter. Harris Associates L P now owns 18,694,408 shares of the company's stock worth $2,537,205,000 after purchasing an additional 3,240,477 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Airbnb by 0.5% during the 4th quarter. Geode Capital Management LLC now owns 10,076,465 shares of the company's stock worth $1,368,338,000 after purchasing an additional 47,966 shares during the last quarter. AQR Capital Management LLC boosted its stake 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 purchasing an additional 2,492,847 shares during the period. Finally, Clearbridge Investments LLC boosted its stake in Airbnb by 3.7% during the 4th quarter. Clearbridge Investments LLC now owns 6,073,947 shares of the company's stock valued at $824,356,000 after purchasing an additional 216,455 shares during the period. 80.76% of the stock is currently owned by institutional investors.
About Airbnb
(
Get Free Report)
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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