ABNB Airbnb, Inc.

MIXED Impact: 2/10 ANALYST-UPGRADE
Processed 1mo ago SEC analyst-ABNB-truistse-20260326
21 firms acted on ABNB: Truist Securities, Evercore ISI Group, Deutsche Bank, Citizens, B. Riley Securities, Wells Fargo, Barclays, Cantor Fitzgerald, RBC Capital, Mizuho, Truist Securities, Wedbush, DA Davidson, Jefferies, Goldman Sachs, Baird, Phillip Securities, Cantor Fitzgerald, Argus Research, Wedbush, HSBC
Latest settled — T+20d
ABNB ▲ +8.97% at T+20d
NEUTRAL call ✓ call won +8.97% · α vs SPY -1.69% · entry $131.06 → $142.82
Next anchor: T+60d in 16d
Currently $133.54 · +1.89% from $131.06 entry
Entry anchored
Mar 25, 03:59 PM ET
via Databento tick
T+1d
-6.25%
call -6.25% · α -4.57%
$122.87
settled 2mo ago
T+5d
-4.66%
call -4.66% · α -6.30%
$124.95
settled 2mo ago
T+20d
+8.97%
call +8.97% · α -1.69%
$142.82
settled 6w ago
T+60d
call — · α —
in 16d

Price Chart

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Executive Summary

Truist Securities upgraded Airbnb (ABNB) from Sell to Hold on March 26, 2026, raising its price target from $107 to $129 as part of a 21-firm analyst cluster. The two-notch upgrade removes the Street's most bearish rating, but the new PT still implies ~8% downside from the current $140.36 price, well below the consensus mean of $147.68. Current consensus stands at 50% Buy-equivalent (24 of 48), 45.8% Hold, and 4.2% Sell, making Truist's Hold the modal view. EPS revisions are mixed: current-year estimates saw 4 up vs 3 down over the last 30 days, while the current quarter shows 2 up vs 4 down. Short interest is extremely elevated at 56.9% of float, and insider selling has been heavy, with co-founders unloading nearly $4.5 million in late April. Truist's 57% accuracy on 7 ABNB calls ranks as 'above average' but falls short of top-tier firms such as BTIG (100% on 2) and Deutsche Bank (75% on 4). The upgrade is a modest positive ahead of May 7 earnings, but the combination of a below-market PT and sustained insider sales warrants caution.

Impact Score

Base Score
1/7
LLM Adjustment
+1
Final Score
2/10

Consensus & Targets

Buy / Strong Buy
24 (50%)
Hold
22
Sell / Strong Sell
2
Total Analysts
36
Mean PT
$147.68
Median PT
$145.75
High PT
$180.00
Low PT
$110.00
Current Price
$140.36
Implied Upside
+5.2%

Current consensus: 8 Strong Buy, 16 Buy, 22 Hold, 2 Sell out of 48 analysts. That's 50% Buy-equivalent, 45.8% Hold, 4.2% Sell. The consensus is moderately bullish but with a large Hold contingent; Truist's Hold rating aligns with the modal view.

The consensus mean PT is $147.68 (median $145.75), with a high of $180 and low of $110. At $140.36, ABNB trades ~5% below the mean but above Truist's $129 target. Truist's PT is the 4th lowest among 36 analysts tracked, remaining bearish relative to the Street.

Recent Analyst Activity

DateFirmActionRatingPrice Target
2026-04-27 UBS maintain Neutral
2026-04-22 Wells Fargo upgrade Overweight $178.00
2026-04-08 Tigress Financial maintain Buy
2026-04-01 Wells Fargo maintain Equal-Weight $136.00
2026-03-26 Truist Securities upgrade Hold $129.00
2026-03-03 Mizuho maintain Outperform $175.00
2026-02-17 DA Davidson maintain Buy $150.00
2026-02-13 Evercore ISI Group upgrade Outperform $145.00
2026-02-13 TD Cowen maintain Buy $160.00
2026-02-13 Barclays maintain Equal-Weight $122.00

Recent 30-day analyst activity shows 3 upgrades (Wells Fargo, Truist, Evercore) and 0 downgrades, a positive tilt. EPS revisions are mixed: current-year EPS estimates saw 4 up vs 3 down over 30 days, while next-year saw 3 up vs 5 down. The current quarter (Q2 2026) has 2 up vs 4 down, suggesting near-term caution.

Firm Track Record — Truist Securities

Truist Securities accuracy: 55% on 3795 calls | avg return: 3.1%

Industry benchmark: mean 51% ± 11%. Top tier: ≥61% (mean + 1σ). Based on 15 firms with ≥5 scored calls.

FirmAccuracyCallsAvg Returnvs Average
BTIG 100% 2/2 7.7% top tier
Deutsche Bank 75% 3/4 6.4% top tier
RBC Capital 75% 3/4 8% top tier
Piper Sandler 75% 3/4 6.1% top tier
DA Davidson 71% 5/7 3.5% top tier
TD Cowen 67% 4/6 0.9% top tier
BMO Capital 67% 2/3 3.1% top tier
Morgan Stanley 67% 4/6 -2.5% top tier
Mizuho 67% 2/3 4.2% top tier
Jefferies 67% 6/9 4.1% top tier

Truist Securities has a 57% accuracy rate on 7 rated ABNB calls, with an average return of 2.1% — categorized as 'above average' for this ticker. Top-tier firms like BTIG (100% on 2 calls) and Deutsche Bank (75% on 4 calls) have better track records, while JMP Securities (60% on 5) is slightly above. Truist's upgrade is less influential than a top-tier firm's call would be.

Earnings Estimates

Next earnings: May 7, 2026

PeriodEPS Est.EPS RangeRevenueRevisions (7d)
0y $4.93 $4.50 — $5.36 $13.7B ↑2 ↓0
+1y $5.75 $5.16 — $6.48 $15.1B ↑2 ↓0
0q $0.30 $0.19 — $0.40 $2.6B ↑1 ↓0
+1q $1.16 $1.02 — $1.35 $3.5B ↑1 ↓0

Cross-Platform Signals

Insider Trades (90d)
0 buys / 5 sells
Institutional
NORGES BANK — new
Institutional
BANK OF AMERICA CORP /DE/ — trim (-29.5%)
Institutional
UBS Group AG — add (64.5%)
Short Interest
Short: 727,409 | Exempt: 1,114 | TRF Vol: 1,279,069 | Short Ratio: 56.9% | Off-exchange volume (dark pool + OTC)

Insider selling is significant: co-founders Blecharczyk and Gebbia sold ~$4.5MM worth in late April 2026. Institutional moves are mixed: Norges Bank had a new position then exited; FMR trimmed 27.7%; UBS added 64.5%. Short interest is extremely high at 56.9% of float, indicating heavy bearish positioning. The upgrade partially diverges from insider and short signals.

Actionable Insight

Truist's upgrade removes the Street's most bearish rating, but with a PT still below the current price and heavy insider selling, this is not a clear bullish signal. Traders should view this as a modest positive catalyst ahead of earnings on May 7, but the high short interest suggests potential for a squeeze if the report beats.

Documents Analyzed

Report based on filing metadata.

20 reports for ABNB
Performance horizon
71% Hit rate 5 of 7 directional calls best @ T+20▲ +8.97%May 31, 2026
Filters
Rows
Reports for ABNB — sortable, filterable
Type Now
Jun 4, 2026
2d ago
Insider Cluster
NEUTRAL ★ 3/10
$133.73 awaiting T+1awaiting T+1$133.54 (−0.14%)
Jun 4, 2026
2d ago
Insider Cluster
NEUTRAL ★ 3/10
$133.73 awaiting T+1awaiting T+1$133.54 (−0.14%)
Jun 3, 2026
3d ago
Insider Cluster
NEUTRAL ★ 2/10
awaiting T+1
Jun 3, 2026
3d ago
ANALYST-UPGRADE
BULLISH ★ 3/10
$138.86 $139.73▲ +0.63%▼ −0.17%$133.54 (−3.83%)
Jun 2, 2026
4d ago
Insider Cluster
NEUTRAL ★ 2/10
$133.59 $133.72▲ +0.10%▼ −0.31%$133.54 (−0.04%)
May 31, 2026
6d ago
ANALYST-UPGRADE
BULLISH ★ 1/10
$131.06 $122.87▼ −6.25%▼ −4.57%$133.54 (+1.89%)
May 30, 2026
8d ago
Insider Cluster
NEUTRAL ★ 2/10
awaiting T+1
May 22, 2026
15d ago
ANALYST-UPGRADE
BULLISH ★ 4/10
$144.18 $141.87▼ −1.60%▼ −1.21%$133.54 (−7.38%)
May 21, 2026
16d ago
Insider Cluster
NEUTRAL ★ 2/10
$132.35 $132.68▲ +0.25%▼ −0.34%$133.54 (+0.90%)
May 20, 2026
17d ago
Insider Cluster
NEUTRAL ★ 2/10
$134.25 $132.35▼ −1.42%▼ −1.86%$133.54 (−0.53%)
Showing 10 of 20

US Market Status

Market Closed — Opens Mon (12h 33m)

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