StoneX maintains Airbnb at Buy, raises price target to $215 from $180

Redburn upgraded Airbnb (ABNB) to Neutral from Sell, citing improved room-night growth and stronger earnings. The firm noted its previous cautious stance was incorrect over the past year. Airbnb reported Q3 revenue of $4.9B, up 19%, and raised its full-year outlook. The stock has an average upside potential of 6%, according to Redburn.

OpenAI acquired Odessia, a startup with a now-shut AI travel agent, for undisclosed terms. Expedia (EXPE), Booking Holdings (BKNG), and Airbnb (ABNB) shares fell 5%, 3%, and 3.5% respectively on the news. Odessia founder Francis Davidson joined OpenAI, suggesting an acqui-hire. OpenAI's plans for the technology are unclear, and it already partners with major travel platforms.

Airbnb stock fell 2.3% to $185.88 after OpenAI acquired Odessia, an AI travel platform, raising competition concerns. Analysts upgraded Airbnb, but macroeconomic factors and sector-wide selloff pressured shares. Airbnb's recent revenue growth and raised outlook were overshadowed.

Airbnb raised its 2026 revenue growth forecast to high teens, reporting Q3 revenue of $4.87B (up 19%) and EPS of $3.16. It plans an AI travel agent for 2027 and approved a $12B share buyback. Shares rose 11% in extended trading. The company expects steady leisure travel demand despite geopolitical uncertainties.

Airbnb plans to launch a custom AI travel agent in the first half of 2027, focusing on generative interfaces for trip planning. CEO Brian Chesky highlighted the unique aspects of travel planning, emphasizing discovery as part of the experience. The agent will support guests throughout their trips, handling tasks like reservations and refunds. Airbnb reported strong Q3 results, with revenue rising 19% to $4.87 billion, exceeding estimates. The company expects high-teens revenue growth for 2026.

Airbnb (ABNB) stock hit a near five-year high of $197.87. Rothschild & Co upgraded it to 'Neutral' with a $190 price target, citing operational improvements. Jefferies raised its target to $230, predicting a 21% rise. Retail sentiment remains 'extremely bullish'.