Cantor Fitzgerald raised the firm’s price target on Airbnb (ABNB) to $135 from $121 and keeps a Neutral rating on the shares. Airbnb is expected to report Q1 results largely in line with expectations, with stable nights booked and gross bookings, and a similarly in-line Q2 outlook for revenue and EBITDA, the analyst tells investors in a research note.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ABNB:
- Midday Fly By: Boeing, AT&T report Q1 beats
- Airbnb upgraded, Zscaler downgraded: Wall Street’s top analyst calls
- Wells upgrades Airbnb to Overweight on ‘significant business inflection’
- Airbnb upgraded to Overweight from Equal Weight at Wells Fargo
- AI-Driven Growth, Sponsored Ads, and Asset-Light Model Underpin Buy Rating on Airbnb