FY2025 EPS Estimates for Airbnb Raised by Cantor Fitzgerald

Airbnb, Inc. (NASDAQ:ABNB - Free Report) - Cantor Fitzgerald lifted their FY2025 earnings estimates for Airbnb in a report issued on Wednesday, July 23rd. Cantor Fitzgerald analyst D. Mathivanan now anticipates that the company will post earnings per share of $4.10 for the year, up from their prior forecast of $3.96. Cantor Fitzgerald currently has a "Underweight" rating and a $100.00 price target on the stock. The consensus estimate for Airbnb's current full-year earnings is $4.31 per share. Cantor Fitzgerald also issued estimates for Airbnb's FY2026 earnings at $4.42 EPS.

Airbnb (NASDAQ:ABNB - Get Free Report) last posted its earnings results on Thursday, May 1st. The company reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.25 by ($0.01). The business had revenue of $2.27 billion during the quarter, compared to analysts' expectations of $2.26 billion. Airbnb had a return on equity of 30.91% and a net margin of 22.60%. Airbnb's revenue for the quarter was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.41 EPS.

A number of other equities analysts have also recently commented on ABNB. Phillip Securities cut shares of Airbnb from a "hold" rating to a "moderate sell" rating in a research note on Friday, May 9th. Wells Fargo & Company boosted their price objective on shares of Airbnb from $104.00 to $111.00 and gave the stock an "underweight" rating in a report on Monday, July 7th. Evercore ISI lowered their price objective on shares of Airbnb from $165.00 to $145.00 and set an "in-line" rating for the company in a report on Friday, May 2nd. Wedbush lowered shares of Airbnb from an "outperform" rating to a "neutral" rating and lowered their price objective for the stock from $150.00 to $135.00 in a report on Friday, May 2nd. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Airbnb from $160.00 to $115.00 and set a "neutral" rating for the company in a report on Tuesday, April 8th. Five research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $141.50.

Airbnb Stock Performance

Airbnb stock traded up $1.79 during midday trading on Thursday, reaching $141.62. 3,067,429 shares of the stock were exchanged, compared to its average volume of 3,409,649. The company's fifty day moving average is $134.60 and its 200-day moving average is $130.97. The firm has a market cap of $88.71 billion, a PE ratio of 35.76, a PEG ratio of 2.61 and a beta of 1.13. Airbnb has a 52 week low of $99.88 and a 52 week high of $163.93.

Hedge Funds Weigh In On Airbnb

Several hedge funds and other institutional investors have recently bought and sold shares of ABNB. Harris Associates L P increased its stake in Airbnb by 86.0% during the first quarter. Harris Associates L P now owns 9,944,948 shares of the company's stock worth $1,188,024,000 after acquiring an additional 4,598,125 shares during the last quarter. Norges Bank acquired a new stake in Airbnb during the fourth quarter worth about $433,374,000. Pacer Advisors Inc. increased its stake in Airbnb by 2,297.4% during the first quarter. Pacer Advisors Inc. now owns 2,801,899 shares of the company's stock worth $334,715,000 after acquiring an additional 2,685,026 shares during the last quarter. Clearbridge Investments LLC increased its stake in Airbnb by 147.3% during the fourth quarter. Clearbridge Investments LLC now owns 4,349,026 shares of the company's stock worth $571,505,000 after acquiring an additional 2,590,475 shares during the last quarter. Finally, Two Sigma Advisers LP increased its stake in Airbnb by 512.0% during the fourth quarter. Two Sigma Advisers LP now owns 3,080,300 shares of the company's stock worth $404,782,000 after acquiring an additional 2,577,000 shares during the last quarter. 80.76% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Airbnb

In related news, Director Joseph Gebbia sold 236,000 shares of Airbnb stock in a transaction that occurred on Wednesday, May 28th. The stock was sold at an average price of $128.66, for a total value of $30,363,760.00. Following the sale, the director directly owned 1,416,015 shares in the company, valued at $182,184,489.90. The trade was a 14.29% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Elinor Mertz sold 6,250 shares of Airbnb stock in a transaction that occurred on Monday, May 5th. The shares were sold at an average price of $123.43, for a total value of $771,437.50. Following the completion of the sale, the chief financial officer owned 485,080 shares in the company, valued at approximately $59,873,424.40. This trade represents a 1.27% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 1,650,658 shares of company stock worth $218,970,735. 27.91% of the stock is currently owned by insiders.

Airbnb Company Profile

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.