Cantor Fitzgerald Decreases Earnings Estimates for Airbnb

Airbnb, Inc. (NASDAQ:ABNB) – Stock analysts at Cantor Fitzgerald dropped their FY2025 earnings per share (EPS) estimates for shares of Airbnb in a research report issued to clients and investors 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 forecast 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 analysts’ consensus estimates of $2.17 by ($0.04). The company had revenue of $3.73 billion during the quarter, compared to analysts’ expectations of $3.72 billion. Airbnb had a net margin of 16.96% and a return on equity of 32.88%. During the same quarter in the previous year, the firm posted $2.39 earnings per share.

Several other equities research analysts have also commented on ABNB. TD Cowen upped 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. Jefferies Financial Group increased their target price on shares of Airbnb from $120.00 to $135.00 and gave the stock a “hold” rating in a research report on Tuesday, October 22nd. Piper Sandler raised their price target on shares of Airbnb from $125.00 to $145.00 and gave the company a “neutral” rating in a report on Friday, November 8th. Wedbush boosted their price objective on shares of Airbnb from $135.00 to $155.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. Finally, Evercore ISI raised their target price on shares of Airbnb to $155.00 and gave the company a “hold” rating in a research note on Wednesday, January 15th. Six investment analysts have rated the stock with a sell rating, twenty have issued a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat, Airbnb presently has an average rating of “Hold” and a consensus target price of $139.63.

Airbnb Trading Down 0.5 %

ABNB stock opened at $131.17 on Thursday. The company has a quick ratio of 1.62, a current ratio of 1.62 and a debt-to-equity ratio of 0.23. The company has a market cap of $83.16 billion, a price-to-earnings ratio of 46.02, a PEG ratio of 1.74 and a beta of 1.13. The business has a fifty day simple moving average of $133.69 and a 200-day simple moving average of $130.78. Airbnb has a 52 week low of $110.38 and a 52 week high of $170.10.

Institutional Investors Weigh In On Airbnb

Hedge funds and other institutional investors have recently modified their holdings of the stock. Northwest Investment Counselors LLC acquired a new stake in shares of Airbnb in the 3rd quarter worth approximately $25,000. Golden State Wealth Management LLC acquired a new stake in Airbnb in the fourth quarter worth approximately $25,000. Hollencrest Capital Management boosted its stake in Airbnb by 6,666.7% during the 3rd quarter. Hollencrest Capital Management now owns 203 shares of the company’s stock valued at $26,000 after purchasing an additional 200 shares in the last quarter. Berbice Capital Management LLC acquired a new position in shares of Airbnb during the 4th quarter valued at $26,000. Finally, Ashton Thomas Securities LLC bought a new stake in shares of Airbnb in the 3rd quarter worth $30,000. 80.76% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, CEO Brian Chesky sold 76,923 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $139.94, for a total value of $10,764,604.62. Following the sale, the chief executive officer now directly owns 12,616,300 shares in the company, valued at $1,765,525,022. This trade represents a 0.61 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, 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 transaction, the chief accounting officer now owns 40,581 shares of the company’s stock, valued at $5,559,597. This trade represents a 2.40 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 1,372,293 shares of company stock worth $181,759,318 in the last three months. 27.83% of the stock is owned by 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.