Wedbush Has Pessimistic Outlook of Airbnb Q1 Earnings

Airbnb, Inc. (NASDAQ:ABNB) – Research analysts at Wedbush reduced their Q1 2025 earnings per share estimates for shares of Airbnb in a report issued on Monday, February 3rd. Wedbush analyst S. Devitt now forecasts that the company will earn $0.20 per share for the quarter, down from their prior forecast of $0.24. Wedbush currently has a “Outperform” rating and a $155.00 target price on the stock. The consensus estimate for Airbnb’s current full-year earnings is $3.98 per share. Wedbush also issued estimates for Airbnb’s Q2 2025 earnings at $0.86 EPS, Q3 2025 earnings at $2.35 EPS, Q4 2025 earnings at $0.61 EPS, FY2025 earnings at $4.03 EPS and FY2026 earnings at $4.79 EPS.

Other equities research analysts have also recently issued reports about the stock. DA Davidson boosted their price target on shares of Airbnb from $125.00 to $131.00 and gave the stock a “neutral” rating in a research report on Monday, November 18th. Benchmark reiterated a “buy” rating and issued a $155.00 price objective on shares of Airbnb in a report on Friday, November 8th. Jefferies Financial Group increased their target price on Airbnb from $120.00 to $135.00 and gave the stock a “hold” rating in a research note on Tuesday, October 22nd. Wells Fargo & Company dropped their price objective on shares of Airbnb from $100.00 to $96.00 and set an “underweight” rating for the company in a research note on Thursday, January 16th. Finally, TD Cowen increased their target price on shares of Airbnb from $150.00 to $155.00 and gave the stock a “buy” rating in a research report on Friday, November 8th. Six research analysts have rated the stock with a sell rating, twenty have issued a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $139.63.

Airbnb Stock Down 0.9 %

NASDAQ:ABNB opened at $129.60 on Wednesday. The stock has a 50-day simple moving average of $133.11 and a 200 day simple moving average of $130.26. 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 company has a market cap of $82.16 billion, a PE ratio of 45.47, a PEG ratio of 1.72 and a beta of 1.12. Airbnb has a 52-week low of $110.38 and a 52-week high of $170.10.

Airbnb (NASDAQ:ABNB) last announced its quarterly earnings results on Thursday, November 7th. The company reported $2.13 earnings per share for the quarter, missing analysts’ consensus estimates of $2.17 by ($0.04). The company had revenue of $3.73 billion during the quarter, compared to the consensus estimate of $3.72 billion. Airbnb had a net margin of 16.96% and a return on equity of 32.88%. During the same period in the previous year, the firm posted $2.39 EPS.

Institutional Investors Weigh In On Airbnb

Hedge funds and other institutional investors have recently modified their holdings of the company. Smartleaf Asset Management LLC boosted its holdings in Airbnb by 31.5% during the 4th quarter. Smartleaf Asset Management LLC now owns 2,182 shares of the company’s stock worth $288,000 after acquiring an additional 523 shares during the last quarter. Sherman Asset Management Inc. purchased a new stake in Airbnb in the 4th quarter worth about $57,000. Metis Global Partners LLC raised its position in shares of Airbnb by 11.1% in the fourth quarter. Metis Global Partners LLC now owns 21,767 shares of the company’s stock valued at $2,860,000 after purchasing an additional 2,183 shares during the period. SVB Wealth LLC purchased a new stake in shares of Airbnb during the fourth quarter worth $4,892,000. Finally, Fielder Capital Group LLC lifted its holdings in Airbnb by 9.9% during the 4th quarter. Fielder Capital Group LLC now owns 1,929 shares of the company’s stock worth $253,000 after purchasing an additional 173 shares in the last quarter. Institutional investors own 80.76% of the company’s stock.

Insider Buying and Selling at Airbnb

In related news, Director Joseph Gebbia sold 214,285 shares of the company’s stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $131.08, for a total transaction of $28,088,477.80. Following the sale, the director now owns 10,321 shares in the company, valued at $1,352,876.68. This represents a 95.40 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Nathan Blecharczyk sold 9,603 shares of the business’s stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of $130.22, for a total value of $1,250,502.66. Following the completion of the transaction, the insider now directly owns 164,850 shares in the company, valued at approximately $21,466,767. This trade represents a 5.50 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 1,410,754 shares of company stock worth $186,754,248. 27.83% of the stock is currently owned by company insiders.

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.