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

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

Airbnb Stock Performance

Shares of ABNB stock opened at $161.42 on Friday. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.62 and a quick ratio of 1.62. Airbnb has a fifty-two week low of $110.38 and a fifty-two week high of $170.10. The stock’s 50-day moving average is $133.49 and its two-hundred day moving average is $130.17. The firm has a market cap of $102.34 billion, a P/E ratio of 56.64, a PEG ratio of 1.88 and a beta of 1.12.

Insider Activity at Airbnb

In other Airbnb news, CAO David C. Bernstein sold 1,000 shares of the firm’s stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $137.00, for a total value of $137,000.00. Following 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 position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Joseph Gebbia sold 214,285 shares of the firm’s stock in a transaction that occurred on Tuesday, November 19th. The shares were sold at an average price of $131.08, for a total value of $28,088,477.80. Following the completion of the sale, the director now directly owns 10,321 shares in the company, valued at $1,352,876.68. This trade represents a 95.40 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 1,608,005 shares of company stock valued at $214,394,023. Corporate insiders own 27.83% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. The Goldman Sachs Group upgraded Airbnb from a “sell” rating to a “neutral” rating and raised their price target for the company from $110.00 to $153.00 in a research report on Friday. Barclays boosted their price target on Airbnb from $110.00 to $120.00 and gave the stock an “underweight” rating in a research report on Friday. JMP Securities reaffirmed a “market perform” rating on shares of Airbnb in a research report on Friday. Wedbush restated an “outperform” rating and set a $155.00 price objective on shares of Airbnb in a research note on Tuesday, February 4th. Finally, Bank of America upped their price objective on Airbnb from $154.00 to $159.00 and gave the stock a “neutral” rating in a research note on Wednesday, December 18th. Five investment analysts have rated the stock with a sell rating, twenty have given a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Airbnb has an average rating of “Hold” and an average target price of $145.79.

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.