Wedbush Weighs in on Airbnb’s Q1 Earnings (NASDAQ:ABNB)

Airbnb, Inc. (NASDAQ:ABNB) – Analysts at Wedbush cut their Q1 2025 earnings estimates for Airbnb in a research report issued to clients and investors on Monday, February 3rd. Wedbush analyst S. Devitt now expects that the company will earn $0.20 per share for the quarter, down from their previous estimate of $0.24. Wedbush has a “Outperform” rating and a $155.00 price objective on the stock. The consensus estimate for Airbnb’s current full-year earnings is $3.98 per share. Wedbush also issued estimates for Airbnb’s Q2 2025 earnings at $0.86 EPS, Q3 2025 earnings at $2.35 EPS, Q4 2025 earnings at $0.61 EPS, FY2025 earnings at $4.03 EPS and FY2026 earnings at $4.79 EPS.

Several other equities research analysts also recently issued reports on ABNB. Wells Fargo & Company decreased their price target on Airbnb from $100.00 to $96.00 and set an “underweight” rating for the company in a report on Thursday, January 16th. Bank of America upped their target price 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. TD Cowen raised their price target on shares of Airbnb from $150.00 to $155.00 and gave the company a “buy” rating in a research report on Friday, November 8th. Citigroup upped their price objective on shares of Airbnb from $135.00 to $158.00 and gave the stock a “buy” rating in a research report on Monday, November 11th. Finally, Truist Financial dropped their target price on shares of Airbnb from $124.00 to $123.00 and set a “hold” rating on the stock in a research report on Wednesday, December 4th. 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. Based on data from MarketBeat, Airbnb has a consensus rating of “Hold” and an average price target of $139.63.

Airbnb Stock Performance

Shares of Airbnb stock opened at $132.57 on Wednesday. Airbnb has a 52 week low of $110.38 and a 52 week 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. The business has a 50 day moving average price of $133.00 and a 200-day moving average price of $130.28. The company has a market cap of $84.05 billion, a PE ratio of 46.52, a price-to-earnings-growth ratio of 1.72 and a beta of 1.12.

Airbnb (NASDAQ:ABNB) last announced its quarterly 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 during the quarter, compared to the consensus estimate of $3.72 billion. Airbnb had a net margin of 16.96% and a return on equity of 32.88%. During the same period in the previous year, the business posted $2.39 EPS.

Insider Buying and Selling

In other Airbnb news, CTO Aristotle N. Balogh sold 700 shares of the business’s stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $129.58, for a total value of $90,706.00. Following the completion of the transaction, the chief technology officer now owns 181,914 shares of the company’s stock, valued at $23,572,416.12. The trade was a 0.38 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Nathan Blecharczyk sold 9,603 shares of the firm’s stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $130.22, for a total transaction of $1,250,502.66. Following the sale, the insider now owns 164,850 shares in the company, valued at approximately $21,466,767. This trade represents a 5.50 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 1,417,704 shares of company stock valued at $187,654,829. Company insiders own 27.83% of the company’s stock.

Hedge Funds Weigh In On Airbnb

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Golden State Wealth Management LLC bought a new stake in shares of Airbnb in the 4th quarter valued at about $25,000. Northwest Investment Counselors LLC purchased a new position in Airbnb in the 3rd quarter worth approximately $25,000. Berbice Capital Management LLC purchased a new stake in shares of Airbnb during the fourth quarter valued at approximately $26,000. Hollencrest Capital Management grew its holdings in shares of Airbnb by 6,666.7% in the third 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. Finally, Ashton Thomas Securities LLC purchased a new position in shares of Airbnb in the third quarter worth $30,000. 80.76% of the stock is currently owned by hedge funds and other institutional investors.

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.