Movement Alert｜Airbnb, Inc. Intraday Rise 3.07%, boosted by upbeat pre-earnings expectations and supportive analyst targets

Market Focus11-02 22:45

On November 2, Airbnb, Inc. rose 3.07% in Regular Trading, trading at $169.695/share, with turnover of $66.2615 million.

The move came ahead of the company’s November 5 earnings release, with consensus expectations calling for quarterly revenue of $4.748 billion, up 16.45% year over year, adjusted EPS of $2.85 to $2.89, and EBIT of $1.911 billion, reinforcing expectations for resilient demand and earnings leverage.

Recent analyst actions also remained broadly constructive: Oppenheimer raised its price target to $210 from $190 while maintaining an Outperform rating, following other target increases in prior weeks from Evercore ISI, Baird, DA Davidson, Bernstein and Argus. FactSet-polled analysts showed an average Overweight rating and mean target around $184.45, above the current trading level.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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