Wedbush Has Pessimistic Outlook of Airbnb Q1 Earnings

Airbnb, Inc. (NASDAQ:ABNB) – Equities research analysts at Wedbush cut their Q1 2025 earnings per share estimates for shares of Airbnb in a research note issued on Thursday, February 13th. Wedbush analyst S. Devitt now forecasts that the company will post earnings per share of $0.13 for the quarter, down from their prior forecast of $0.20. Wedbush currently has a “Outperform” rating and a $155.00 target price on the stock. The consensus estimate for Airbnb’s current full-year earnings is $3.97 per share. Wedbush also issued estimates for Airbnb’s Q2 2025 earnings at $0.84 EPS and Q3 2025 earnings at $2.31 EPS.

A number of other research analysts have also weighed in on the company. Piper Sandler raised their price objective on Airbnb from $125.00 to $145.00 and gave the company a “neutral” rating in a report on Friday, November 8th. Barclays raised their price target on shares of Airbnb from $110.00 to $120.00 and gave the stock an “underweight” rating in a research note on Friday, February 14th. B. Riley boosted their target price on Airbnb from $131.00 to $145.00 and gave the stock a “neutral” rating in a report on Friday, February 14th. Evercore ISI upped their price target on Airbnb to $155.00 and gave the company a “hold” rating in a research report on Wednesday, January 15th. Finally, Wells Fargo & Company dropped their price target on Airbnb from $100.00 to $96.00 and set an “underweight” rating for the company in a research report on Thursday, January 16th. Five equities research 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. Based on data from MarketBeat, Airbnb presently has an average rating of “Hold” and a consensus price target of $147.00.

Airbnb Stock Performance

Shares of NASDAQ:ABNB opened at $160.60 on Monday. 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 1 year low of $110.38 and a 1 year high of $170.10. The firm has a market capitalization of $101.82 billion, a PE ratio of 56.35, a P/E/G ratio of 1.88 and a beta of 1.12. The business’s 50 day moving average price is $134.42 and its 200-day moving average price is $130.45.

Airbnb (NASDAQ:ABNB) last announced its earnings results on Thursday, February 13th. The company reported $0.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.12. Airbnb had a net margin of 16.96% and a return on equity of 32.88%.

Hedge Funds Weigh In On Airbnb

Large investors have recently bought and sold shares of the business. Verde Capital Management increased its holdings in Airbnb by 25.3% in the fourth quarter. Verde Capital Management now owns 21,118 shares of the company’s stock valued at $2,775,000 after buying an additional 4,269 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Airbnb during the third quarter worth about $34,982,000. Tri Ri Asset Management Corp purchased a new position in shares of Airbnb during the third quarter worth about $6,352,000. J.W. Cole Advisors Inc. grew its holdings in shares of Airbnb by 86.5% during the third quarter. J.W. Cole Advisors Inc. now owns 4,598 shares of the company’s stock worth $583,000 after purchasing an additional 2,132 shares during the last quarter. Finally, Assenagon Asset Management S.A. grew its holdings in shares of Airbnb by 40.5% during the fourth quarter. Assenagon Asset Management S.A. now owns 685,817 shares of the company’s stock worth $90,123,000 after purchasing an additional 197,558 shares during the last quarter. Hedge funds and other institutional investors own 80.76% of the company’s stock.

Insider Activity

In other news, CEO Brian Chesky sold 76,923 shares of the stock in a transaction on Monday, November 25th. The stock was sold at an average price of $139.94, for a total value of $10,764,604.62. Following the sale, the chief executive officer now directly owns 12,616,300 shares in the company, valued at approximately $1,765,525,022. This trade represents a 0.61 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CTO Aristotle N. Balogh sold 500 shares of the stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $136.01, for a total value of $68,005.00. Following the completion of the transaction, the chief technology officer now directly owns 185,414 shares in the company, valued at $25,218,158.14. This trade represents a 0.27 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 1,384,117 shares of company stock worth $185,055,042. 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.