Gordon Haskett analyst Robert Mollins upgraded Airbnb (ABNB) to Hold from Sell with a $143 price target following the Q4 report. Although Airbnb saw margin contraction in 2024 and will likely see contraction in 2025, the company’s ability to deliver margins well in excess of the floor in 2024 serves as a reason to believe it will deliver margins well in excess of the 34.5% floor in 2025, the analyst tells investors in a research note. Gordon Haskett expects Airbnb to return to “healthy” margin expansion in Q4 of 2025 and beyond, all while continuing to invest in new products. As such, it believes the stock’s “premium valuation” is “here to stay.”
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Read More on ABNB:
- Strong Market Position and Growth Potential Drive Buy Rating for Airbnb Amid Impressive Q4 Results and Strategic Expansion Plans
- Airbnb upgraded to Outperform from Neutral at Baird
- Airbnb upgraded to Neutral from Sell at Goldman Sachs
- Airbnb’s Strong Q4 Results Overshadowed by 2025 Challenges: Hold Rating Maintained
- Airbnb’s Strong Growth Prospects and Profitability Outlook Reinforce Buy Rating