Airbnb (NASDAQ:ABNB) Upgraded by Rosenblatt Securities to Strong-Buy Rating

Rosenblatt Securities upgraded shares of Airbnb (NASDAQ:ABNB) to a strong-buy rating in a report released on Monday,Zacks reports.

Several other research firms also recently commented on ABNB. JPMorgan Chase & Co. boosted their target price on shares of Airbnb from $140.00 to $170.00 and gave the stock a “neutral” rating in a research report on Friday, August 7th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Airbnb in a research note on Monday. HSBC lowered Airbnb from a “hold” rating to a “hold” rating in a report on Monday, May 4th. B. Riley Financial reissued a “buy” rating on shares of Airbnb in a research note on Friday, August 7th. Finally, Cantor Fitzgerald lifted their target price on Airbnb from $140.00 to $160.00 and gave the company a “neutral” rating in a research report on Friday, August 7th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Airbnb currently has a consensus rating of “Moderate Buy” and an average target price of $177.07.

Airbnb Stock Down 0.4%

Airbnb stock opened at $182.54 on Monday. Airbnb has a 52-week low of $110.81 and a 52-week high of $193.45. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.41 and a current ratio of 1.41. The firm has a 50 day moving average price of $160.66 and a two-hundred day moving average price of $142.77. The firm has a market cap of $109.30 billion, a price-to-earnings ratio of 41.49, a PEG ratio of 2.12 and a beta of 1.15.

Airbnb (NASDAQ:ABNB) last issued its quarterly earnings results on Thursday, August 6th. The company reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.26 by $0.11. Airbnb had a return on equity of 33.38% and a net margin of 20.45%.The firm had revenue of $3.61 billion for the quarter, compared to analyst estimates of $3.58 billion. During the same period in the previous year, the firm earned $1.03 earnings per share. The company’s revenue was up 16.3% compared to the same quarter last year. Equities analysts predict that Airbnb will post 5.23 EPS for the current year.

Insiders Place Their Bets

In other Airbnb news, CEO Brian Chesky sold 200,000 shares of the company’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of $174.79, for a total value of $34,958,000.00. Following the completion of the transaction, the chief executive officer owned 10,501,685 shares in the company, valued at $1,835,589,521.15. This represents a 1.87% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Joseph Gebbia sold 294,903 shares of the firm’s stock in a transaction on Monday, June 29th. The shares were sold at an average price of $148.43, for a total value of $43,772,452.29. Following the sale, the director directly owned 2,622,452 shares of the company’s stock, valued at approximately $389,250,550.36. This represents a 10.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 2,406,212 shares of company stock valued at $390,698,195. Insiders own 27.21% of the company’s stock.

Institutional Investors Weigh In On Airbnb

Several large investors have recently added to or reduced their stakes in the company. Transamerica Financial Advisors LLC increased its position in shares of Airbnb by 143.6% during the fourth quarter. Transamerica Financial Advisors LLC now owns 190 shares of the company’s stock valued at $26,000 after buying an additional 112 shares during the period. Entrust Financial LLC bought a new stake in shares of Airbnb in the 4th quarter worth approximately $27,000. Meeder Asset Management Inc. boosted its position in Airbnb by 96.3% during the first quarter. Meeder Asset Management Inc. now owns 214 shares of the company’s stock valued at $27,000 after buying an additional 105 shares during the period. Sunbelt Securities Inc. grew its position in 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 during the last quarter. Finally, Wiser Advisor Group LLC bought a new position in shares of Airbnb in the third quarter worth approximately $27,000. Hedge funds and other institutional investors own 80.76% of the company’s stock.

Airbnb News Roundup

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Rosenblatt Securities upgraded Airbnb to “Strong Buy.” The upgrade reinforces growing optimism about the company’s growth prospects, including its newer businesses and artificial-intelligence initiatives.
• Positive Sentiment: Rosenblatt initiated coverage with a Buy rating and a $220 price target. The target implies approximately 20.5% upside from the referenced price and adds another bullish view to Airbnb’s analyst coverage. Rosenblatt initiates Airbnb coverage
• Positive Sentiment: D.A. Davidson raised its price target from $175 to $220 and maintained a Buy rating. The firm pointed to rapid expansion in Airbnb Experiences, with listings across tracked cities increasing 30% in three months, as well as the company’s partnership with Viator. D.A. Davidson raises Airbnb price target
• Neutral Sentiment: Airbnb reportedly offered selected U.S. hosts lower fees to attract more guests. The move could stimulate bookings and host supply, but lower fees may pressure take rates and margins in the short term. Airbnb reportedly offers lower host fees
• Negative Sentiment: Insider Nathan Blecharczyk has continued selling shares. He sold 57,160 shares for about $10.9 million on August 28 and another 13,615 shares for approximately $2.55 million on August 31, reducing his direct holdings to 20,567 shares. Repeated insider selling can weigh on sentiment, though it does not necessarily signal deteriorating fundamentals. Airbnb insider selling report
• Negative Sentiment: Profit-taking and valuation risks remain. Airbnb shares have risen roughly 21%–25% over the past month and about 42% year to date. With a P/E ratio near 41.5 and the stock above its 50-day and 200-day moving averages, expectations may already reflect much of the bullish outlook. Airbnb rally and valuation analysis

Airbnb Company Profile

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.