Wedbush has revised its price target for Airbnb (ABNB, Financial), lowering it to $150 from the previous $175. Despite the cut, the firm maintains an Outperform rating on the stock. This adjustment comes in light of a preview for the internet sector's first-quarter performance.
The decision by Wedbush reflects growing concerns about economic instability, which are influenced by various factors including ongoing macroeconomic challenges, potential impacts from tariffs, and declining consumer confidence both domestically and internationally. These uncertainties have contributed to the firm's broader move to reduce 2025 estimates and price targets across the board.
As the company anticipates Airbnb's first-quarter results, Wedbush highlights the limited clarity currently surrounding economic conditions and the possible effects of reduced consumer demand. The firm aims to seek further insights from management teams in the near future to navigate through what it describes as a "dense fog" of uncertainty.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 33 analysts, the average target price for Airbnb Inc (ABNB, Financial) is $153.66 with a high estimate of $200.00 and a low estimate of $95.00. The average target implies an upside of 35.71% from the current price of $113.22. 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 2.6, 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 $188.42, suggesting a upside of 66.42% from the current price of $113.22. 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.
