Wedbush Issues Pessimistic Forecast for Airbnb Earnings

Airbnb, Inc. (NASDAQ:ABNB) – Stock analysts at Wedbush dropped their Q1 2025 earnings per share (EPS) estimates for Airbnb in a research note issued on Thursday, February 13th. Wedbush analyst S. Devitt now anticipates that the company will post earnings per share of $0.13 for the quarter, down from their prior forecast of $0.20. Wedbush currently has a “Outperform” rating and a $155.00 price target on the stock. The consensus estimate for Airbnb’s current full-year earnings is $3.97 per share. Wedbush also issued estimates for Airbnb’s Q2 2025 earnings at $0.84 EPS and Q3 2025 earnings at $2.31 EPS.

Airbnb (NASDAQ:ABNB) last released its quarterly earnings results on Thursday, February 13th. The company reported $0.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.61 by $0.12. Airbnb had a return on equity of 32.88% and a net margin of 16.96%.

ABNB has been the topic of a number of other research reports. UBS Group lifted their price objective on Airbnb from $143.00 to $160.00 and gave the company a “neutral” rating in a report on Friday. Canaccord Genuity Group lifted their price objective on Airbnb from $165.00 to $190.00 and gave the company a “buy” rating in a report on Friday. Citigroup lifted their price objective on Airbnb from $135.00 to $158.00 and gave the company a “buy” rating in a report on Monday, November 11th. JMP Securities reaffirmed a “market perform” rating on shares of Airbnb in a report on Friday. Finally, Barclays lifted their price objective on Airbnb from $110.00 to $120.00 and gave the company an “underweight” rating in a report on Friday. Five investment analysts have rated the stock with a sell rating, twenty have given a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $145.79.

Airbnb Price Performance

Shares of ABNB opened at $161.42 on Monday. Airbnb has a twelve month low of $110.38 and a twelve month high of $170.10. The stock’s 50 day moving average is $133.49 and its two-hundred day moving average is $130.04. The firm has a market capitalization of $102.34 billion, a PE ratio of 56.64, a P/E/G ratio of 1.88 and a beta of 1.12. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 0.23.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Meiji Yasuda Life Insurance Co raised its holdings in Airbnb by 56.4% in the 4th quarter. Meiji Yasuda Life Insurance Co now owns 3,523 shares of the company’s stock valued at $463,000 after acquiring an additional 1,270 shares during the last quarter. Mercer Global Advisors Inc. ADV acquired a new position in Airbnb in the 4th quarter valued at $4,139,000. Davidson Kahn Capital Management LLC acquired a new position in Airbnb in the 4th quarter valued at $936,000. Comerica Bank grew its stake in shares of Airbnb by 10.2% during the 4th quarter. Comerica Bank now owns 93,890 shares of the company’s stock valued at $12,338,000 after buying an additional 8,719 shares during the period. Finally, Utah Retirement Systems grew its stake in shares of Airbnb by 0.3% during the 4th quarter. Utah Retirement Systems now owns 60,100 shares of the company’s stock valued at $7,898,000 after buying an additional 200 shares during the period. 80.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Airbnb

In other Airbnb news, CAO David C. Bernstein sold 1,000 shares of the business’s stock in a transaction on Monday, December 9th. The stock was 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 directly owns 40,581 shares in the company, valued at approximately $5,559,597. The trade was a 2.40 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Joseph Gebbia sold 214,285 shares of the business’s stock in a transaction on Tuesday, November 19th. The shares were sold at an average price of $131.08, for a total value of $28,088,477.80. Following the completion of the transaction, the director now owns 10,321 shares of the company’s stock, valued at $1,352,876.68. This trade represents a 95.40 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 1,608,005 shares of company stock worth $214,394,023. Insiders own 27.83% of the company’s stock.

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.