Cantor Fitzgerald Raises Earnings Estimates for Airbnb

Key Points

• Analysts at Cantor Fitzgerald have raised their FY2025 earnings per share estimate for Airbnb to $4.18, while maintaining an "Underweight" rating and a price objective of $100.00.
• Airbnb recently reported a quarterly earnings of $1.03 EPS, exceeding analysts' expectations, with a revenue of $3.10 billion, a year-over-year increase of 12.7%.
• Insider selling activity included CEO Brian Chesky selling 8,000 shares and CFO Elinor Mertz selling 6,250 shares, indicating a 16.39% and 1.32% reduction in their respective ownership stakes.

Airbnb, Inc. (NASDAQ:ABNB - Free Report) - Analysts at Cantor Fitzgerald raised their FY2025 EPS estimates for shares of Airbnb in a research report issued to clients and investors on Thursday, August 7th. Cantor Fitzgerald analyst D. Mathivanan now forecasts that the company will post earnings of $4.18 per share for the year, up from their prior estimate of $4.10. 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 $4.57 EPS.

A number of other equities analysts have also weighed in on ABNB. Needham & Company LLC reiterated a "hold" rating on shares of Airbnb in a research report on Wednesday, May 14th. UBS Group dropped their price target on shares of Airbnb from $156.00 to $148.00 and set a "neutral" rating on the stock in a research note on Thursday. JPMorgan Chase & Co. lifted their price objective on shares of Airbnb from $120.00 to $130.00 and gave the company a "neutral" rating in a research note on Thursday. Barclays set a $105.00 target price on shares of Airbnb and gave the company an "underweight" rating in a report on Thursday. Finally, BMO Capital Markets set a $124.00 target price on Airbnb and gave the stock a "market perform" rating in a research report on Thursday. Five research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $143.59.

Airbnb Stock Up 0.8%

ABNB traded up $0.99 during trading hours on Friday, hitting $121.02. The stock had a trading volume of 5,785,507 shares, compared to its average volume of 4,795,555. Airbnb has a 1 year low of $99.88 and a 1 year high of $163.93. The company's fifty day simple moving average is $134.96 and its 200 day simple moving average is $130.97. The stock has a market cap of $75.81 billion, a PE ratio of 29.30, a price-to-earnings-growth ratio of 2.24 and a beta of 1.13.

Airbnb (NASDAQ:ABNB - Get Free Report) last issued its earnings results on Wednesday, August 6th. The company reported $1.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.92 by $0.11. Airbnb had a return on equity of 32.19% and a net margin of 22.67%. The firm had revenue of $3.10 billion for the quarter, compared to analyst estimates of $3.02 billion. During the same period in the previous year, the company posted $0.86 earnings per share. The business's revenue was up 12.7% on a year-over-year basis.

Insider Activity at Airbnb

In other Airbnb news, CEO Brian Chesky sold 8,000 shares of the business's stock in a transaction on Thursday, May 29th. The shares were sold at an average price of $128.33, for a total value of $1,026,640.00. Following the completion of the sale, the chief executive officer directly owned 40,800 shares of the company's stock, valued at $5,235,864. The trade was a 16.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Joseph Gebbia sold 236,000 shares of the company's stock in a transaction dated Monday, June 9th. The shares were sold at an average price of $139.40, for a total transaction of $32,898,400.00. Following the sale, the director owned 1,180,015 shares of the company's stock, valued at approximately $164,494,091. The trade was a 16.67% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 1,671,023 shares of company stock valued at $223,195,427. Insiders own 27.91% of the company's stock.

Institutional Trading of Airbnb

Hedge funds and other institutional investors have recently bought and sold shares of the stock. MJP Associates Inc. ADV increased its stake in shares of Airbnb by 1.8% in the fourth quarter. MJP Associates Inc. ADV now owns 3,730 shares of the company's stock worth $490,000 after buying an additional 67 shares during the period. DDD Partners LLC grew its holdings in Airbnb by 3.9% in the 2nd quarter. DDD Partners LLC now owns 2,041 shares of the company's stock worth $270,000 after acquiring an additional 76 shares during the last quarter. Geneos Wealth Management Inc. increased its position in shares of Airbnb by 1.6% in the first quarter. Geneos Wealth Management Inc. now owns 5,058 shares of the company's stock valued at $604,000 after acquiring an additional 78 shares during the period. Ellevest Inc. increased its position in shares of Airbnb by 3.1% in the fourth quarter. Ellevest Inc. now owns 2,655 shares of the company's stock valued at $349,000 after acquiring an additional 80 shares during the period. Finally, Harbour Investments Inc. raised its stake in shares of Airbnb by 12.2% during the first quarter. Harbour Investments Inc. now owns 738 shares of the company's stock valued at $88,000 after acquiring an additional 80 shares during the last quarter. Institutional investors own 80.76% of the company's stock.

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.