Citi analyst Ronald Josey has maintained their bullish stance on ABNB stock, giving a Buy rating on April 30.
Ronald Josey has given his Buy rating due to a combination of factors that highlight Airbnb’s financial performance and future prospects. Despite mixed results in the first quarter of 2025, with gross bookings aligning with expectations and revenue slightly surpassing consensus, Airbnb demonstrated strong EBITDA margins that were significantly above market predictions. This indicates a robust operational efficiency that supports the Buy recommendation.
Moreover, Airbnb’s guidance for the second quarter, although slightly below consensus, shows a strategic focus on balancing growth with profitability amidst an uncertain macroeconomic environment. The company’s plans for product enhancements and the anticipated relaunch of its Experiences segment further contribute to a positive outlook. These factors, coupled with a projected share price return of 37.1%, underpin Josey’s confidence in Airbnb’s potential for long-term growth.
Josey covers the Communication Services sector, focusing on stocks such as Alphabet Class A, Meta Platforms, and Zillow Group Class A. According to TipRanks, Josey has an average return of 21.3% and a 54.15% success rate on recommended stocks.
In another report released on April 30, D.A. Davidson also upgraded the stock to a Buy with a $155.00 price target.