Airbnb price target raised to $157 from $153 at UBS

UBS raised the firm’s price target on Airbnb (ABNB) to $157 from $153 and keeps a Neutral rating on the shares. Airbnb saw a modest impact from the Middle East conflict relative to peers, with about a 1% headwind to Nights and Seats Booked and expected Q2 deceleration of about 100 basis points, while continued rollout of Reserve Now, Pay Later is extending booking lead times and reducing friction for higher-priced listings, and improving efficiency is driving a 10% decline in cost per booking, supporting an upgraded FY26 margin outlook and signaling potential for revenue acceleration in 2H26 alongside ongoing product innovation and cost synergies, the analyst tells investors in a research note.