DA Davidson keeps a Buy rating and $155 price target on Airbnb (ABNB) after the company’s Q3 earnings. The results were broadly ahead of expectations as Nights/Seats Booked grew 9% y/y, the analyst tells investors in a research note. Airbnb continues to see strong demand in October despite more difficult y/y comparisons, with the company seeing particular strength in longer lead time bookings, in part driven by its Reserve Now, Pay Later offering in the United States, the firm added.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ABNB:
- Why Airbnb’s (ABNB) Recovery Story Isn’t Ready for Liftoff
- Airbnb (ABNB) and Instacart Team Up to Launch Kitchen Stocking Pilot in 2026
- Ex-Google (GOOGL) CEO Eric Schmidt Warns Free Chinese AI Could Erode U.S. Tech Lead
- Expedia price target raised to $250 from $205 at BMO Capital
- Airbnb price target raised to $130 from $124 at BMO Capital