Brokerages lift Airbnb's PT on 2026 forecast raise, growth initiatives

Airbnb

08/05/2026 12:20

** Multiple brokerages lift Airbnb's ABNB.O price target on growth initiatives

** On Thursday, ABNB raised its 2026 revenue growth forecast to the "low- to mid-teens", compared with "at least low double-digits" earlier

** Baird says co is benefiting from RNPL (pay later) use, ramping app engagement, fee simplification, insurance, and international expansion

** B. Riley adds that tweaks to cancellation policy, international expansion, addition of hotel inventory and rollout of AI-powered search should drive growth over the near/medium term

** Jefferies says it is encouraged by ABNB revising its FY26 EBITDA margin outlook from "stable YoY" (35%) to "at least 35%", along with faster growth in international expansion markets, increased hotel penetration and product initiatives

** As of last close, shares up 3.5% YTD

** Following are the new PTs:

Brokerage
New PT
Old PT
Baird
$150
$145
J.P. Morgan
$140
$130
TD Cowen
$170
$160
Susquehanna
$170
$150
Citi
$175
$155
Wells Fargo
$181
$178
RBC Capital
$173
$170

 (Reporting by Parth Chandna in Bengaluru)

 ((Parth.Chandna@thomsonreuters.com;))