Airbnb, Inc. (NASDAQ:ABNB – Free Report) – Equities researchers at Cantor Fitzgerald issued their FY2025 earnings estimates for shares of Airbnb in a research note issued to investors on Tuesday, January 21st. Cantor Fitzgerald analyst D. Mathivanan anticipates that the company will post earnings per share of $4.21 for the year. Cantor Fitzgerald currently has a “Underweight” rating and a $94.00 target price on the stock. The consensus estimate for Airbnb’s current full-year earnings is $3.98 per share.
Other equities analysts also recently issued research reports about the stock. JMP Securities restated a “market perform” rating on shares of Airbnb in a report on Monday, December 16th. Susquehanna raised their price target on shares of Airbnb from $130.00 to $160.00 and gave the stock a “positive” rating in a report on Monday, November 11th. Robert W. Baird boosted their price objective on shares of Airbnb from $120.00 to $140.00 and gave the company a “neutral” rating in a report on Friday, November 8th. Wedbush raised their target price on Airbnb from $135.00 to $155.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. Finally, Truist Financial dropped their price target on Airbnb from $124.00 to $123.00 and set a “hold” rating on the stock in a research note on Wednesday, December 4th. Six analysts have rated the stock with a sell rating, twenty have given a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat, Airbnb currently has a consensus rating of “Hold” and an average target price of $139.63.
Airbnb Trading Down 0.4 %
Airbnb stock opened at $132.50 on Wednesday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.62 and a current ratio of 1.62. The stock has a market cap of $84.00 billion, a PE ratio of 46.49, a price-to-earnings-growth ratio of 1.83 and a beta of 1.13. The stock has a 50-day moving average of $134.10 and a two-hundred day moving average of $131.55. Airbnb has a one year low of $110.38 and a one year high of $170.10.
Airbnb (NASDAQ:ABNB – Get Free Report) last issued its quarterly earnings results on Thursday, November 7th. The company reported $2.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.17 by ($0.04). Airbnb had a return on equity of 32.88% and a net margin of 16.96%. The business had revenue of $3.73 billion for the quarter, compared to analyst estimates of $3.72 billion. During the same period in the previous year, the company posted $2.39 earnings per share.
Institutional Trading of Airbnb
Several large investors have recently bought and sold shares of the business. Northwest Investment Counselors LLC acquired a new stake in shares of Airbnb in the 3rd quarter worth $25,000. Hollencrest Capital Management grew its holdings in shares of Airbnb by 6,666.7% in the third quarter. Hollencrest Capital Management now owns 203 shares of the company’s stock valued at $26,000 after purchasing an additional 200 shares during the period. Berbice Capital Management LLC acquired a new stake in Airbnb during the fourth quarter worth about $26,000. Ashton Thomas Securities LLC purchased a new position in Airbnb during the third quarter worth about $30,000. Finally, Quarry LP purchased a new stake in shares of Airbnb in the 3rd quarter valued at approximately $55,000. Hedge funds and other institutional investors own 80.76% of the company’s stock.
Insider Buying and Selling
In related news, CTO Aristotle N. Balogh sold 700 shares of the business’s stock in a transaction that occurred on Tuesday, January 14th. The stock was sold at an average price of $129.82, for a total transaction of $90,874.00. Following the completion of the sale, the chief technology officer now directly owns 184,014 shares in the company, valued at approximately $23,888,697.48. The trade was a 0.38 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO David C. Bernstein sold 1,000 shares of the firm’s stock in a transaction on Monday, December 9th. The shares were sold at an average price of $137.00, for a total value of $137,000.00. Following the completion of the transaction, the chief accounting officer now owns 40,581 shares in the company, valued at $5,559,597. The trade was a 2.40 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 1,130,382 shares of company stock worth $150,441,919 in the last 90 days. Insiders own 27.83% of the company’s stock.
About Airbnb
Airbnb, Inc, together with its subsidiaries, operates a platform that enables hosts to offer stays and experiences to guests worldwide. The company’s marketplace connects hosts and guests online or through mobile devices to book spaces and experiences. It primarily offers private rooms, primary homes, and vacation homes.
See Also
- Five stocks we like better than Airbnb
- P/E Ratio Calculation: How to Assess Stocks
- Oracle Announces Game-Changing News for the AI Industry
- How to Find Undervalued Stocks
- Netflix Adds 19 Million Subscribers, Growth Is Far From Over
- 3 Natural Gas Stocks That Offer Great Dividend Yields
- Tempus AI: A Game-Changer in AI-Powered Healthcare
Receive News & Ratings for Airbnb Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Airbnb and related companies with MarketBeat.com's FREE daily email newsletter.