Airbnb (ABNB) Stock Climbs as Bernstein Sets $217 Target After Breakout Quarter
TLDR
- Bernstein raised its Airbnb price target to $217 from $168, keeping an Outperform rating
- Analyst Richard Clarke called Q2 2026 earnings a “clear inflection point” for the company
- Night growth accelerated to 10% and management guides to a fifth straight quarter at that level
- Q2 revenue and adjusted EBITDA beat estimates by 0.8% and 2.7% respectively
- Q3 revenue guidance of $4.73 billion came in 2.7% above Wall Street expectations
Bernstein SocGen Group analyst Richard Clarke raised his price target on Airbnb (ABNB) to $217 from $168 on Monday, keeping an Outperform rating. ABNB currently trades around $187.30, near its 52-week high of $189.20, and is up 44% over the past year.
Clarke flagged Airbnb’s second-quarter 2026 results as a “clear inflection point.” Night growth accelerated from 7% in Q2 2025 to 10% in Q4 2025, and management is now guiding to a fifth straight quarter of roughly 10% or higher night growth.
The stock’s gross profit margins sit at 82.9%, and 14 analysts have revised earnings estimates upward heading into the next reporting period.
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