Bernstein SocGen Group raised its price target for Airbnb Inc. (NASDAQ:ABNB) to $217 from $168. The firm maintained its Outperform rating on the stock. Analysts cited an inflection in night growth as a primary driver for the revision.
The firm expects sustained double-digit revenue growth. Ongoing share buybacks are projected to support approximately 20% annual earnings per share growth. The new target relies on a 25.5 times EBITDA multiple and a 12% revenue growth forecast.
Airbnb recently reported second-quarter 2026 results that exceeded revenue and adjusted EBITDA consensus estimates. Evercore ISI also increased its price target for the company to $200 from $190. These revisions indicate rising analyst confidence in the company's profitability and growth trajectory.