Airbnb Set to Report Q1 Earnings Amid Market Pressures
Airbnb, Inc. (ABNB) currently holds a market capitalization of $67.3 billion. Headquartered in San Francisco, California, the company provides a platform for hosts and guests to connect for bookings of accommodations and experiences.
Upcoming Earnings Report
The company plans to release its Q1 2025 earnings after market closure on Thursday, May 1. Analysts predict adjusted earnings per share (EPS) of $0.25, representing a 39% decline from last year’s $0.41 in the same quarter. Over the past four quarters, Airbnb has exceeded estimates twice and missed expectations twice.
Fiscal Outlook
For fiscal 2025, analysts expect Airbnb to report an adjusted EPS of $4.23, indicating a 2.9% increase from the $4.11 reported in fiscal 2024. Furthermore, projected earnings for fiscal 2026 are anticipated to grow by 15.6% year-over-year, reaching $4.89 per share.
Stock Performance
ABNB shares have decreased by 24.9% over the past year, significantly underperforming compared to the S&P 500 Index, which gained 9.4%, and the Consumer Discretionary Select Sector SPDR Fund, which returned 13.3% during the same timeframe.
Recent Developments
Following better-than-expected Q4 2024 results announced on February 13, ABNB stock surged by 14.5%. The company reported a revenue of $2.5 billion, marking a 13.6% year-over-year increase driven by growth in nights stayed and a slight rise in the Average Daily Rate (ADR). Adjusted EBITDA stood at $765 million, a 3.7% increase compared to the previous year’s quarter.
Analyst Ratings
The consensus among analysts is cautious, reflecting a general “Hold” rating. Among 39 analysts monitoring the stock, there are 11 “Strong Buys,” one “Moderate Buy,” 22 “Holds,” one “Moderate Sell,” and four “Strong Sells.” The average price target is $151.41, suggesting a 23.6% upside from current price levels.
On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article are solely for informational purposes. For more information, please view the Barchart Disclosure Policy here.
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