Airbnb upgraded as analysts eye marketplace expansion, margin stability

Investing.com
02-14

Investing.com -- Airbnb Inc (NASDAQ:ABNB) received multiple analyst upgrades citing strong fourth-quarter performance and a clear path to marketplace expansion in 2025.

Baird raised its rating on Airbnb to "Outperform," highlighting the company's planned platform expansion and improving growth trajectory. While shares have lagged the S&P 500 over the past year, Baird sees potential for accelerated growth in the second half of 2025 and beyond.

Goldman Sachs also upgraded Airbnb, moving it from "Sell" to "Neutral" following a solid Q4 earnings beat. The firm noted a prudent investment cycle with a 34.5% adjusted EBITDA margin floor for 2025, seeing potential upside to 2026 growth. Goldman raised its 12-month price target from $110 to $153.

Gordon Haskett lifted Airbnb to "Hold" from "Underperform," citing expectations of a return to margin expansion by late 2025 despite near-term contractions. The firm now sees the company's premium valuation as sustainable.

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