Airbnb (NASDAQ:ABNB) Price Target Raised to $170.00 at Piper Sandler

Airbnb (NASDAQ:ABNB) had its target price boosted by Piper Sandler from $145.00 to $170.00 in a research note released on Friday morning,Benzinga reports. The brokerage currently has a neutral rating on the stock.

Several other equities research analysts have also recently commented on the stock. DA Davidson boosted their price target on shares of Airbnb from $150.00 to $162.00 and gave the stock a “buy” rating in a research report on Monday, May 11th. Citigroup lifted their target price on Airbnb from $175.00 to $193.00 and gave the company a “buy” rating in a research report on Friday. Evercore reiterated an “outperform” rating on shares of Airbnb in a report on Friday, May 8th. Weiss Ratings raised Airbnb from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, May 12th. Finally, Rodman & Renshaw initiated coverage on Airbnb in a research note on Monday, May 4th. They issued a “buy” rating for the company. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $171.52.

Airbnb Price Performance

NASDAQ ABNB opened at $178.07 on Friday. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 0.32. Airbnb has a 12-month low of $110.81 and a 12-month high of $178.48. The company has a market capitalization of $107.32 billion, a PE ratio of 40.47, a price-to-earnings-growth ratio of 1.62 and a beta of 1.14. The firm’s 50 day moving average is $143.98 and its 200-day moving average is $135.85.

Airbnb (NASDAQ:ABNB) last announced its quarterly earnings data on Thursday, August 6th. The company reported $1.37 EPS for the quarter, topping analysts’ consensus estimates of $1.26 by $0.11. Airbnb had a net margin of 20.45% and a return on equity of 33.03%. The business had revenue of $3.61 billion for the quarter, compared to analyst estimates of $3.58 billion. During the same quarter in the previous year, the firm posted $1.03 earnings per share. The firm’s revenue for the quarter was up 16.3% on a year-over-year basis. Equities research analysts anticipate that Airbnb will post 4.93 earnings per share for the current fiscal year.

Insider Transactions at Airbnb

In other news, insider Nathan Blecharczyk sold 88,366 shares of the company’s stock in a transaction dated Wednesday, June 24th. The shares were sold at an average price of $145.81, for a total value of $12,884,646.46. Following the sale, the insider directly owned 12,370 shares of the company’s stock, valued at approximately $1,803,669.70. This represents a 87.72% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Joseph Gebbia sold 294,903 shares of the firm’s stock in a transaction dated Monday, June 29th. The shares were sold at an average price of $148.43, for a total transaction of $43,772,452.29. Following the completion of the sale, the director owned 2,622,452 shares of the company’s stock, valued at $389,250,550.36. This trade represents a 10.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 2,405,956 shares of company stock worth $334,266,758 in the last ninety days. Insiders own 27.21% of the company’s stock.

Institutional Investors Weigh In On Airbnb

A number of institutional investors have recently modified their holdings of the business. Transamerica Financial Advisors LLC grew its position in Airbnb by 143.6% during the fourth quarter. Transamerica Financial Advisors LLC now owns 190 shares of the company’s stock worth $26,000 after buying an additional 112 shares in the last quarter. Entrust Financial LLC acquired a new position in shares of Airbnb in the 4th quarter valued at approximately $27,000. Meeder Asset Management Inc. lifted its holdings in shares of Airbnb by 96.3% during the 1st quarter. Meeder Asset Management Inc. now owns 214 shares of the company’s stock worth $27,000 after acquiring an additional 105 shares during the period. Sunbelt Securities Inc. boosted its position in shares of Airbnb by 397.7% during the 3rd quarter. Sunbelt Securities Inc. now owns 219 shares of the company’s stock worth $27,000 after acquiring an additional 175 shares in the last quarter. Finally, Wiser Advisor Group LLC acquired a new stake in shares of Airbnb during the 3rd quarter worth approximately $27,000. Institutional investors own 80.76% of the company’s stock.

More Airbnb News

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Q2 results beat expectations. Revenue rose 16.3% year over year to $3.61 billion, exceeding the $3.58 billion consensus estimate, while EPS of $1.37 topped estimates of $1.26 and increased from $1.03 a year earlier. Gross bookings rose 16% to $27.2 billion. Airbnb stock soars on earnings and revenue beat
• Positive Sentiment: Airbnb raised its forecast. The company now expects 2026 revenue growth of at least a mid-teens rate, up from its prior low- to mid-teens projection. Third-quarter revenue guidance of $4.7 billion to $4.8 billion also exceeded consensus expectations. Airbnb boosts forecast on strong demand
• Positive Sentiment: Travel demand and AI are strengthening the growth narrative. Management cited resilient demand across regions, World Cup-related bookings and higher average daily rates. CEO Brian Chesky said AI is helping attract bookings, accelerate feature development, support hosts and reduce service costs, with further AI investment planned. Chesky says Airbnb will spend more on AI
• Neutral Sentiment: Analyst views are mixed after the rally. Wedbush upgraded ABNB to outperform with a $200 target, while Oppenheimer and Citizens JMP set $190 targets. JPMorgan, Piper Sandler and Cantor Fitzgerald maintained neutral ratings with targets below the recent trading level, highlighting valuation risk. Airbnb analyst price-target changes
• Negative Sentiment: Valuation and insider selling remain risks. After reaching its highest level in four years, ABNB may face profit-taking or elevated expectations. CFO Elinor Mertz also sold approximately $575,000 of stock, although she retained a substantial position. Airbnb CFO stock sale

About Airbnb

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.