Airbnb (NASDAQ:ABNB) Issues Quarterly Earnings Results, Beats Expectations By $0.12 EPS

Airbnb (NASDAQ:ABNB) issued its quarterly earnings data on Thursday. The company reported $0.73 EPS for the quarter, topping the consensus estimate of $0.61 by $0.12, Zacks reports. Airbnb had a return on equity of 32.88% and a net margin of 16.96%. Airbnb updated its Q1 2025 guidance to EPS.

Airbnb Stock Up 14.4 %

ABNB opened at $161.42 on Friday. The stock has a market capitalization of $102.34 billion, a price-to-earnings ratio of 56.64, a PEG ratio of 1.88 and a beta of 1.12. The firm has a 50 day moving average price of $133.49 and a 200-day moving average price of $130.17. Airbnb has a twelve month low of $110.38 and a twelve month high of $170.10. The company has a quick ratio of 1.62, a current ratio of 1.62 and a debt-to-equity ratio of 0.23.

Analyst Ratings Changes

ABNB has been the subject of a number of research reports. Susquehanna increased their target price on Airbnb from $130.00 to $160.00 and gave the stock a “positive” rating in a report on Monday, November 11th. Wells Fargo & Company lowered their target price on Airbnb from $100.00 to $96.00 and set an “underweight” rating for the company in a report on Thursday, January 16th. Benchmark increased their target price on Airbnb from $150.00 to $178.00 and gave the stock a “buy” rating in a report on Friday. Jefferies Financial Group increased their target price on Airbnb from $120.00 to $135.00 and gave the stock a “hold” rating in a report on Tuesday, October 22nd. Finally, Morgan Stanley raised their price objective on Airbnb from $115.00 to $125.00 and gave the company an “underweight” rating in a report on Monday, January 13th. Five equities research analysts have rated the stock with a sell rating, twenty have issued a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $145.79.

Insider Activity at Airbnb

In other Airbnb news, CEO Brian Chesky sold 190,301 shares of the firm’s stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $140.51, for a total transaction of $26,739,193.51. Following the transaction, the chief executive officer now owns 12,231,685 shares of the company’s stock, valued at approximately $1,718,674,059.35. This trade represents a 1.53 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO David C. Bernstein sold 1,000 shares of Airbnb stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $137.00, for a total transaction of $137,000.00. Following the completion of the sale, 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 ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 1,608,005 shares of company stock valued at $214,394,023. Corporate insiders own 27.83% 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.