Airbnb Inc. (NASDAQ:ABNB) on Thursday posted better-than-expected third-quarter fiscal 2026 results.
Airbnb reported quarterly earnings of $3.16 per share, which beat the analyst estimate of $2.84 by 11.27%, per Benzinga Pro data. Quarterly revenue clocked in at $4.87 billion, which beat the Street estimate of $4.75 billion.
“Airbnb is back in growth mode. It’s rare for a marketplace of our size to reaccelerate growth, but that’s exactly what we’re doing. In Q3, we delivered our fastest revenue growth in more than three years, with acceleration across our business, including our most established markets,” the company wrote in a letter to shareholders.
Airbnb sees fourth-quarter revenue in a range of $3.22 billion to $3.28 billion, versus the $3.16 billion analyst estimate.
Airbnb shares jumped 13.6% to $193.63 in pre-market trading.
These analysts made changes to their price targets on Airbnb following earnings announcement.
- Rosenblatt analyst Scott Devitt maintained the stock with a Buy and raised the price target from $220 to $230.
- Cantor Fitzgerald analyst Deepak Mathivanan maintained the stock with a Neutral and raised the price target from $160 to $180.
Considering buying ABNB stock? Here’s what analysts think:
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