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ABNB Airbnb News Story

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Airbnb rises after upbeat Q1 revenue forecast

** Shares of vacation rental company Airbnb ABNB.O rise 5% to over $121.5 in aftermarket trading

** Forecast Q1 revenue between $2.59 bln and $2.63 bln vs analysts' average estimate of $2.53 billion - LSEG-compiled data

** Co benefiting from demand for pricier listings while budget travelers struggle

** 17 of 42 brokerages rate the stock "buy" or higher, 22 "hold" and three "sell"; their median PT is $148.52

** In 2025, ABNB rose 3%

 (Reporting by Aishwarya Jain in Bengaluru)

 ((Aishwarya.Jain@thomsonreuters.com;))

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