Airbnb Announces First Quarter 2021 Results
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Airbnb Inc. (ABNB) PT Lowered to $165 at Mizuho Securities
May 14, 2021 7:30 AM EDTMizuho Securities analyst James Lee lowered the price target on Airbnb Inc. (NASDAQ: ABNB) to $165.00 (from $176.00) while maintaining a Neutral rating.
The analyst commented, "Despite rising COVID cases and lockdowns, room night growth beat our expectations by 7 points at -21% growth... More
Airbnb (ABNB) Bookings Up 52% to Help Sales Beat, Seen as a 'Blow Out Quarter' as More Upside is Left
May 14, 2021 7:05 AM EDTAirbnb (NASDAQ: ABNB) reported better-than-expected Q1 earnings on Thursday after the market close. The company reported a loss of $1.95 per share on sales of $886.9 million. This is higher than analysts' expectations of $714.4 million generated in revenues.
The strength of our Q1 results indicate the beginning of this travel rebound, and how well positioned we are to take advantage of it. Our results also reflect our continued focus, financial discipline, and strong execution. We will never forget the lessons we learned last year, and we are prepared for whats ahead, the company... More
Airbnb Inc. (ABNB) PT Lowered to $194 at Needham & Company
May 14, 2021 6:24 AM EDTNeedham & Company analyst Bernie McTernan lowered the price target on Airbnb Inc. (NASDAQ: ABNB) to $194.00 (from $210.00) while maintaining a Buy rating.
The analyst commented, "We reiterate our Buy rating on ABNB but lower our target to $194 on a lower target... More
