In a report released yesterday, James Lee from Mizuho Securities maintained a Buy rating on Airbnb (ABNB – Research Report), with a price target of $225.00.
James Lee has given his Buy rating due to a combination of factors including Airbnb’s better-than-expected FY25 EBITDA guidance, which surpassed consensus estimates and suggests a favorable outlook for profitability. The company has shown strong room night growth, particularly in expansion markets, demonstrating its ability to capitalize on new opportunities and maintain momentum across key regions.
Furthermore, Airbnb’s structural positioning remains strong with only a 6% penetration in the short-term accommodation market, and there is significant potential for growth through advertising monetization. The anticipated increase in total addressable market by more than 25% highlights the company’s growth prospects. These factors, along with a raised price target based on improved EBITDA estimates, reinforce the Buy rating for Airbnb’s stock.
Lee covers the Consumer Cyclical sector, focusing on stocks such as Amazon, Alibaba, and Airbnb. According to TipRanks, Lee has an average return of 15.5% and a 62.95% success rate on recommended stocks.
In another report released on February 10, TD Cowen also maintained a Buy rating on the stock with a $155.00 price target.