Airbnb (ABNB) Bookings Up 52% to Help Sales Beat, Seen as a 'Blow Out Quarter' as More Upside is Left

Airbnb Inc. (ABNB) PT Lowered to $165 at Mizuho Securities

Mizuho 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

UPDATE: Wells Fargo Upgrades Airbnb Inc. (ABNB) to Overweight, 'Ready for a Long-Term Stay'

(Updated - May 14, 2021 7:03 AM EDT)

Wells Fargo upgraded Airbnb Inc. (NASDAQ: ABNB) from Equal Weight to Overweight with a price target of $200.00.

The analyst comments "ABNB produced strong 1Q results, which we view as demonstrating the company's positive momentum... More

UPDATE: Airbnb Inc. (ABNB) Metrics Impress But PT Cut to $180 at BofA Securities

(Updated - May 14, 2021 8:22 AM EDT)

BofA Securities analyst Justin Post lowered the price target on Airbnb Inc. (NASDAQ: ABNB) to $180.00 (from $190.00) while maintaining a Buy rating after the company reported 1Q Revenue/EBITDA of $887mn/($59mn), significantly above Street at $716mn/($382mn). Bookings at... More

Airbnb Inc. (ABNB) PT Lowered to $194 at Needham & Company

Needham & 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

Airbnb Inc. (ABNB) PT Raised to $164 at Credit Suisse

Credit Suisse analyst Stephen Ju raised the price target on Airbnb Inc. (NASDAQ: ABNB) to $164.00 (from $162.00) while maintaining a Neutral rating.... More

Airbnb Inc. (ABNB) PT Lowered to $140 at Barclays

Barclays analyst Ross Sandler lowered the price target on Airbnb Inc. (NASDAQ: ABNB) to $140.00 (from $180.00) while maintaining a Equalweight rating.... More

Airbnb (ABNB) Misses Q1 EPS by 76c, Revenue Beats

Airbnb (NASDAQ: ABNB) reported Q1 EPS of ($1.95), $0.76 worse than the analyst estimate of ($1.19). Revenue for the quarter came in at $887 million versus the consensus estimate of $714.41 million.

Outlook:

We are proud of our strong recent performance, driven by our ability to adapt to the ways people have been traveling during the pandemic, including to rural markets, domestic travel, and long-term stays. As we look forward, Airbnb is well positioned for the coming travel rebound. When guests return to cities and cross-border travel re-opens, our Hosts will be... More