Wedbush Issues Negative Forecast for Airbnb Earnings

Airbnb, Inc. (NASDAQ:ABNB) – Equities research analysts at Wedbush lowered their Q1 2025 EPS estimates for Airbnb in a research report issued to clients and investors on Thursday, February 13th. Wedbush analyst S. Devitt now expects that the company will earn $0.13 per share for the quarter, down from their previous estimate 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.

ABNB has been the subject of a number of other research reports. B. Riley raised their price objective on shares of Airbnb from $131.00 to $145.00 and gave the company a “neutral” rating in a research report on Friday, February 14th. Wells Fargo & Company reduced their price target on shares of Airbnb from $100.00 to $96.00 and set an “underweight” rating for the company in a research report on Thursday, January 16th. Needham & Company LLC reiterated a “hold” rating on shares of Airbnb in a research report on Friday, February 14th. Citigroup raised their price objective on shares of Airbnb from $135.00 to $158.00 and gave the stock a “buy” rating in a research note on Monday, November 11th. Finally, Bank of America raised their price objective on shares of Airbnb from $154.00 to $159.00 and gave the stock a “neutral” rating in a research note on Wednesday, December 18th. Five 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. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $147.00.

Airbnb Price Performance

Shares of NASDAQ:ABNB opened at $160.60 on Monday. The company has a quick ratio of 1.62, a current ratio of 1.62 and a debt-to-equity ratio of 0.23. The company has a market cap of $101.82 billion, a P/E ratio of 56.35, a PEG ratio of 1.88 and a beta of 1.12. Airbnb has a 52 week low of $110.38 and a 52 week high of $170.10. The company has a 50-day moving average price of $134.42 and a 200 day moving average price of $130.45.

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

Insider Activity

In related news, CEO Brian Chesky sold 76,923 shares of Airbnb stock in a transaction on Monday, November 25th. The shares were sold at an average price of $139.94, for a total transaction of $10,764,604.62. Following the transaction, the chief executive officer now owns 12,616,300 shares in the company, valued at approximately $1,765,525,022. The trade was a 0.61 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CTO Aristotle N. Balogh sold 500 shares of Airbnb stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $136.01, for a total transaction of $68,005.00. Following the transaction, the chief technology officer now owns 185,414 shares in the company, valued at $25,218,158.14. The trade was a 0.27 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 1,384,117 shares of company stock valued at $185,055,042 in the last ninety days. Company insiders own 27.83% of the company’s stock.

Hedge Funds Weigh In On Airbnb

Hedge funds and other institutional investors have recently made changes to their positions in the business. Northwest Investment Counselors LLC acquired a new position in Airbnb in the 3rd quarter worth $25,000. Golden State Wealth Management LLC bought a new stake in shares of Airbnb in the 4th quarter worth about $25,000. Hollencrest Capital Management increased its position in shares of Airbnb by 6,666.7% in the 3rd quarter. Hollencrest Capital Management now owns 203 shares of the company’s stock worth $26,000 after purchasing an additional 200 shares during the last quarter. Berbice Capital Management LLC bought a new stake in shares of Airbnb in the 4th quarter worth about $26,000. Finally, Orion Capital Management LLC bought a new stake in shares of Airbnb in the 4th quarter worth about $28,000. Institutional investors and hedge funds own 80.76% of the company’s stock.

Airbnb Company Profile

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.