Research Analysts Issue Forecasts for Airbnb FY2025 Earnings

Airbnb, Inc. (NASDAQ:ABNB) – Research analysts at Cantor Fitzgerald reduced their FY2025 earnings per share (EPS) estimates for shares of Airbnb in a report released on Wednesday, January 29th. Cantor Fitzgerald analyst D. Mathivanan now expects that the company will post earnings of $4.05 per share for the year, down from their previous estimate of $4.21. Cantor Fitzgerald has a “Underweight” rating and a $94.00 price objective on the stock. The consensus estimate for Airbnb’s current full-year earnings is $3.98 per share.

Airbnb (NASDAQ:ABNB) last released its earnings results on Thursday, November 7th. The company reported $2.13 earnings per share (EPS) for the quarter, missing the consensus estimate 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 quarter in the previous year, the firm posted $2.39 EPS.

Other equities research analysts have also issued research reports about the company. Piper Sandler boosted their price target on Airbnb from $125.00 to $145.00 and gave the stock a “neutral” rating in a research note on Friday, November 8th. Jefferies Financial Group upped their target price on Airbnb from $120.00 to $135.00 and gave the company a “hold” rating in a research note on Tuesday, October 22nd. Benchmark reaffirmed a “buy” rating and issued a $155.00 target price on shares of Airbnb in a research note on Friday, November 8th. UBS Group increased their price target on Airbnb from $134.00 to $144.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 23rd. Finally, TD Cowen increased their price target on Airbnb from $150.00 to $155.00 and gave the stock a “buy” rating in a research note on Friday, November 8th. Six analysts have rated the stock with a sell rating, twenty have issued a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, Airbnb currently has a consensus rating of “Hold” and a consensus target price of $139.63.

Airbnb Price Performance

Shares of NASDAQ:ABNB opened at $131.79 on Thursday. The business’s 50 day simple moving average is $133.81 and its 200-day simple moving average is $130.89. The firm has a market capitalization of $83.55 billion, a price-to-earnings ratio of 46.24, a price-to-earnings-growth ratio of 1.80 and a beta of 1.13. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.62 and a quick ratio of 1.62. Airbnb has a 12 month low of $110.38 and a 12 month high of $170.10.

Insider Buying and Selling at Airbnb

In other Airbnb news, CTO Aristotle N. Balogh sold 700 shares of Airbnb stock in a transaction that occurred on Tuesday, January 28th. The shares were sold at an average price of $128.15, for a total transaction of $89,705.00. Following the transaction, the chief technology officer now directly owns 182,614 shares in the company, valued at approximately $23,401,984.10. The trade was a 0.38 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Brian Chesky sold 76,923 shares of Airbnb stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $139.94, for a total transaction of $10,764,604.62. Following the transaction, the chief executive officer now owns 12,616,300 shares in the company, valued at approximately $1,765,525,022. The trade was a 0.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 1,372,293 shares of company stock valued at $181,759,318. Corporate insiders own 27.83% of the company’s stock.

Hedge Funds Weigh In On Airbnb

Several institutional investors and hedge funds have recently modified their holdings of the stock. Pacer Advisors Inc. boosted its holdings in Airbnb by 6,085.6% in the third quarter. Pacer Advisors Inc. now owns 4,241,557 shares of the company’s stock worth $537,872,000 after purchasing an additional 4,172,985 shares in the last quarter. Meritage Group LP bought a new stake in Airbnb in the third quarter worth $160,985,000. Edgewood Management LLC boosted its holdings in Airbnb by 9.2% in the third quarter. Edgewood Management LLC now owns 13,582,433 shares of the company’s stock worth $1,722,388,000 after purchasing an additional 1,143,464 shares in the last quarter. International Assets Investment Management LLC lifted its position in Airbnb by 19,430.3% during the 3rd quarter. International Assets Investment Management LLC now owns 1,119,479 shares of the company’s stock worth $1,419,610,000 after acquiring an additional 1,113,747 shares during the last quarter. Finally, Temasek Holdings Private Ltd lifted its position in Airbnb by 91.3% during the 3rd quarter. Temasek Holdings Private Ltd now owns 2,324,151 shares of the company’s stock worth $294,726,000 after acquiring an additional 1,109,076 shares during the last quarter. 80.76% of the stock is currently owned by hedge funds and other institutional investors.

Airbnb Company Profile

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.