In a recent update, Citigroup analyst Ronald Josey has adjusted the price target for Airbnb (ABNB, Financial), lowering it from USD 170.00 to USD 155.00. Despite the reduction, the analyst has maintained a 'Buy' rating on the stock.
The adjustment represents an 8.82% decrease in the price target, highlighting potential considerations in the market outlook or internal assessments of Airbnb's business performance. However, the retention of the 'Buy' rating suggests continued confidence in the company's overall growth trajectory and market position.
This adjustment comes as part of periodic evaluations by analysts aimed at aligning price targets with anticipated financial and strategic developments. Investors might find this update significant as they assess their own positions in Airbnb (ABNB, Financial).
As of May 5, 2025, these changes reflect Citigroup's updated stance on Airbnb (ABNB, Financial), providing critical insights for their investment community.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 32 analysts, the average target price for Airbnb Inc (ABNB, Financial) is $139.02 with a high estimate of $200.00 and a low estimate of $96.00. The average target implies an upside of 11.31% from the current price of $124.89. More detailed estimate data can be found on the Airbnb Inc (ABNB) Forecast page.
Based on the consensus recommendation from 46 brokerage firms, Airbnb Inc's (ABNB, Financial) average brokerage recommendation is currently 2.7, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Airbnb Inc (ABNB, Financial) in one year is $186.16, suggesting a upside of 49.06% from the current price of $124.89. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Airbnb Inc (ABNB) Summary page.
