Airbnb, Inc. (NASDAQ:ABNB) will release earnings results for its third quarter, after the closing bell on Thursday, Nov. 7.
Analysts expect the San Francisco, California-based bank to report quarterly earnings at $2.14 per share, down from $6.63 per share in the year-ago period. Airbnb projects to report revenue of $3.72 billion for the recent quarter, according to data from Benzinga Pro.
Airbnb has completed 26 years of existence as a company, having launched on Aug. 11, 2008.
Airbnb shares gained 2.2% to close at $140.91 on Wednesday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.
- UBS analyst Stephen Ju maintained a Neutral rating and raised the price target from $134 to $144 on Oct. 23. This analyst has an accuracy rate of 75%.
- B of A Securities analyst Justin Post maintained a Neutral rating and raised the price target from $132 to $142 on Oct. 11. This analyst has an accuracy rate of 85%.
- Wells Fargo analyst Ken Gawrelski maintained an Underweight rating and increase the price target from $100 to $102 on Oct. 8. This analyst has an accuracy rate of 72%.
- Cantor Fitzgerald analyst Deepak Mathivanan reiterated an Underweight rating with a price target of $94 on Sept. 30. This analyst has an accuracy rate of 78%.
- Mizuho analyst James Lee maintained an Outperform rating and slashed the price target from $175 to $170 on Sept. 13. This analyst has an accuracy rate of 79%.
Considering buying ABNB stock? Here's what analysts think:
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