Airbnb Likely To Report Higher Q3 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Key takeaways
- Airbnb’s upcoming earnings and a new Amex partnership could lift the stock, with analysts broadly raising targets.
- $2.85
EPS
Earnings per share — profit for one share of the company, in dollars.
guidance
What a company says it expects for future sales or profits — a forecast from the company, not a guarantee.
- $4.75 billion revenue
guidance
What a company says it expects for future sales or profits — a forecast from the company, not a guarantee.
- $2.21 a year ago
EPS
Earnings per share — profit for one share of the company, in dollars.
What happened
Airbnb (ABNB) will report Q3 earnings after the market close on Thursday, Nov. 5. Analysts project earnings of $2.85 per share, up from $2.21 a year earlier, and revenue of $4.75 billion versus last year’s $4.09 billion. The company also announced a partnership with American Express (AXP) that will place over one million Airbnb listings on Amex Travel. Airbnb shares rose 5.6% to $176.37 on Wednesday.
Why it matters
The earnings lift signals stronger profitability and a higher revenue trajectory, which could support a higher valuation. The Amex partnership expands Airbnb’s distribution channel and may drive future bookings. Positive analyst revisions—Oppenheimer raised its target to $210, Raymond James to $200, and others…
Short-term and longer-term
Short-term. Over the next few days, watch for the Q3 earnings release and the Amex partnership announcement.
Longer-term. Over the coming months, the partnership with Amex could broaden Airbnb’s distribution and drive incremental bookings, supporting a longer‑term upside.
Words on this card
- EPS Learn
- Earnings per share, the portion of a company’s profit allocated to each outstanding share of common stock.
- Revenue
- Total income generated from sales of goods or services before expenses are deducted.
- Analyst target
- A price level that a financial analyst expects a stock to reach over a specified period.
- Outperform
- A rating that suggests a stock will perform better than the broader market or its peers.
- Overweight
- A rating indicating a stock is expected to outperform the market but less strongly than an Outperform.
- Equal-Weight
- A rating that suggests a stock will perform in line with the market.