FY2025 EPS Estimates for Airbnb Cut by Cantor Fitzgerald

Airbnb, Inc. (NASDAQ:ABNB) – Cantor Fitzgerald reduced their FY2025 EPS estimates for Airbnb in a research report issued to clients and investors on Wednesday, January 29th. Cantor Fitzgerald analyst D. Mathivanan now anticipates that the company will earn $4.05 per share for the year, down from their previous estimate of $4.21. Cantor Fitzgerald has a “Underweight” rating and a $94.00 price objective on the stock. The consensus estimate for Airbnb’s current full-year earnings is $3.98 per share.

Several other research firms also recently weighed in on ABNB. Bank of America increased their target price on Airbnb from $154.00 to $159.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 18th. Wells Fargo & Company decreased their target price on shares of Airbnb from $100.00 to $96.00 and set an “underweight” rating on the stock in a research report on Thursday, January 16th. Morgan Stanley upped their price target on shares of Airbnb from $115.00 to $125.00 and gave the stock an “underweight” rating in a research report on Monday, January 13th. DA Davidson lifted their price target on shares of Airbnb from $125.00 to $131.00 and gave the company a “neutral” rating in a report on Monday, November 18th. Finally, Benchmark restated a “buy” rating and set a $155.00 price objective on shares of Airbnb in a report on Friday, November 8th. Six research analysts have rated the stock with a sell rating, twenty have given a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $139.63.

Airbnb Stock Performance

Shares of NASDAQ ABNB opened at $132.58 on Thursday. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.62 and a quick ratio of 1.62. The company has a market cap of $84.05 billion, a PE ratio of 46.52, a price-to-earnings-growth ratio of 1.80 and a beta of 1.13. The company has a 50-day simple moving average of $133.84 and a 200-day simple moving average of $130.88. Airbnb has a 12 month low of $110.38 and a 12 month high of $170.10.

Airbnb (NASDAQ:ABNB) last posted its earnings results on Thursday, November 7th. The company reported $2.13 earnings per share for the quarter, missing the consensus estimate of $2.17 by ($0.04). The business had revenue of $3.73 billion for the quarter, compared to analysts’ expectations of $3.72 billion. Airbnb had a net margin of 16.96% and a return on equity of 32.88%. During the same quarter last year, the business posted $2.39 earnings per share.

Institutional Investors Weigh In On Airbnb

Hedge funds have recently made changes to their positions in the company. Edgewood Management LLC lifted its holdings in shares of Airbnb by 9.2% in the third quarter. Edgewood Management LLC now owns 13,582,433 shares of the company’s stock valued at $1,722,388,000 after purchasing an additional 1,143,464 shares in the last quarter. Geode Capital Management LLC raised its position in Airbnb by 1.6% during the third quarter. Geode Capital Management LLC now owns 9,399,568 shares of the company’s stock valued at $1,189,635,000 after buying an additional 146,761 shares during the period. Pacer Advisors Inc. lifted its stake in Airbnb by 6,085.6% in the 3rd quarter. Pacer Advisors Inc. now owns 4,241,557 shares of the company’s stock worth $537,872,000 after acquiring an additional 4,172,985 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in Airbnb by 2.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,706,296 shares of the company’s stock worth $343,185,000 after acquiring an additional 52,358 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Airbnb by 3.5% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,360,004 shares of the company’s stock valued at $299,272,000 after acquiring an additional 80,610 shares in the last quarter. Hedge funds and other institutional investors own 80.76% of the company’s stock.

Insider Activity

In related news, insider Nathan Blecharczyk sold 9,603 shares of Airbnb stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $130.22, for a total value of $1,250,502.66. Following the transaction, the insider now directly owns 164,850 shares in the company, valued at $21,466,767. The trade was a 5.50 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CTO Aristotle N. Balogh sold 500 shares of the company’s 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 sale, the chief technology officer now directly owns 185,414 shares of the company’s stock, valued at approximately $25,218,158.14. This represents a 0.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 1,157,308 shares of company stock worth $153,981,848. 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.