Oppenheimer upgrades Airbnb to 'outperform' on growth initiatives

Airbnb

04/05/2026 15:23

** Oppenheimer lifts Airbnb ABNB.O rating to "outperform" from "perform" earlier; PT at $180

** Price target represents 27.1% upside on stock's last close

** Brokerage says it sees ABNB better-positioned to absorb travel-corridor dislocations from oil-supply shocks, while benefiting disproportionately from World Cup demand

** Says it expects the firm's conversational AI search to boost conversion

** ABNB product initiatives around hotels, "Reserve Now Pay Later," and AI search will generate durable revenue growth not fully reflected in Street estimates - Oppenheimer

** Including session moves, shares up about 3.9% YTD

 (Reporting by Parth Chandna)

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