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Airbnb Stock Surges on Earnings Preview
18 Jul
Summary
- Airbnb Q2 earnings expected August 6th, profit up 15.5%.
- EPS forecast to grow 21.8% in fiscal 2026.
- Stock has gained 8.1% over the past 52 weeks.
Airbnb, Inc. (ABNB), a prominent online marketplace for accommodations and experiences, is scheduled to release its fiscal 2026 second-quarter earnings after market close on Thursday, August 6. Analysts anticipate a profit of $1.19 per share, marking a 15.5% increase from the prior year's quarter. This follows a period where the company missed earnings estimates in three of the last four quarters, while meeting them once.
For the full fiscal year 2026, ending in December, earnings per share are projected to reach $4.91, a 21.8% rise from fiscal 2025. Further growth is expected, with EPS forecasted to climb to $5.77 in fiscal 2027, a 17.5% year-over-year increase.
Over the past 52 weeks, Airbnb's stock has appreciated by 8.1%. This performance trails the S&P 500 Index's gain but surpasses the Consumer Discretionary Select Sector SPDR ETF. Recently, shares experienced a decline following geopolitical tensions that impacted oil prices and raised concerns about travel demand.
Wall Street analysts maintain a generally optimistic view, with a "Moderate Buy" consensus. Out of 41 analysts, 18 recommend "Strong Buy," and the average price target suggests a potential 7% upside from current trading levels.
