What is William Blair’s Estimate for Airbnb FY2024 Earnings?

Airbnb, Inc. (NASDAQ:ABNB) – Equities research analysts at William Blair decreased their FY2024 earnings estimates for Airbnb in a research note issued on Thursday, November 7th. William Blair analyst R. Schackart now forecasts that the company will earn $3.91 per share for the year, down from their previous forecast of $4.16. The consensus estimate for Airbnb’s current full-year earnings is $4.07 per share. William Blair also issued estimates for Airbnb’s Q2 2025 earnings at $0.94 EPS, Q3 2025 earnings at $2.26 EPS and FY2026 earnings at $4.76 EPS.

Airbnb (NASDAQ:ABNB) last released its earnings results on Thursday, November 7th. The company reported $2.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.17 by ($0.04). Airbnb had a net margin of 16.96% and a return on equity of 33.36%. The business had revenue of $3.73 billion during the quarter, compared to the consensus estimate of $3.72 billion. During the same quarter in the prior year, the firm earned $2.39 EPS.

A number of other research firms have also recently issued reports on ABNB. Piper Sandler increased their price objective on shares of Airbnb from $125.00 to $145.00 and gave the stock a “neutral” rating in a research report on Friday. Barclays lifted their target price on shares of Airbnb from $100.00 to $110.00 and gave the stock an “underweight” rating in a research report on Friday. Raymond James initiated coverage on shares of Airbnb in a report on Friday, September 27th. They issued a “market perform” rating and a $134.00 price target on the stock. Bank of America reaffirmed a “hold” rating and set a $142.00 price target (up previously from $132.00) on shares of Airbnb in a research report on Friday, October 11th. Finally, Truist Financial lowered their target price on shares of Airbnb from $134.00 to $124.00 and set a “hold” rating on the stock in a report on Wednesday, September 4th. Five analysts have rated the stock with a sell rating, nineteen have issued a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat, Airbnb has an average rating of “Hold” and a consensus price target of $139.94.

Airbnb Stock Up 2.1 %

Airbnb stock opened at $137.40 on Monday. The firm has a market cap of $88.16 billion, a price-to-earnings ratio of 48.21, a PEG ratio of 1.90 and a beta of 1.15. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.41 and a current ratio of 1.41. Airbnb has a 52-week low of $110.38 and a 52-week high of $170.10. The firm has a 50 day moving average price of $129.54 and a two-hundred day moving average price of $137.20.

Insiders Place Their Bets

In other news, CTO Aristotle N. Balogh sold 600 shares of the stock in a transaction dated Tuesday, October 29th. The stock was sold at an average price of $135.33, for a total value of $81,198.00. Following the transaction, the chief technology officer now owns 192,244 shares in the company, valued at approximately $26,016,380.52. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In related news, CEO Brian Chesky sold 230,769 shares of the stock in a transaction dated Tuesday, September 17th. The shares were sold at an average price of $120.00, for a total value of $27,692,280.00. Following the sale, the chief executive officer now directly owns 13,315,912 shares of the company’s stock, valued at approximately $1,597,909,440. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CTO Aristotle N. Balogh sold 600 shares of the firm’s stock in a transaction that occurred on Tuesday, October 29th. The stock was sold at an average price of $135.33, for a total transaction of $81,198.00. Following the transaction, the chief technology officer now directly owns 192,244 shares of the company’s stock, valued at approximately $26,016,380.52. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 417,806 shares of company stock worth $51,809,831 over the last 90 days. Corporate insiders own 27.83% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Transcendent Capital Group LLC acquired a new position in shares of Airbnb during the 1st quarter valued at about $25,000. Northwest Investment Counselors LLC purchased a new position in Airbnb in the 3rd quarter valued at about $25,000. Hollencrest Capital Management grew its stake in Airbnb by 6,666.7% during the 3rd quarter. Hollencrest Capital Management now owns 203 shares of the company’s stock valued at $26,000 after purchasing an additional 200 shares in the last quarter. New Millennium Group LLC acquired a new stake in shares of Airbnb during the second quarter worth approximately $28,000. Finally, Cultivar Capital Inc. acquired a new position in Airbnb during the 2nd quarter worth $30,000. Institutional investors and hedge funds own 80.76% 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.