ABNB Airbnb, Inc.

BULLISH Impact: 3/10 ANALYST-UPGRADE
Processed 1mo ago SEC analyst-ABNB-oppenhei-20260504
Oppenheimer double upgrade: Perform → Outperform
Latest settled — T+20d ⚠ clustered
ABNB ▼ -0.71% at T+20d
LONG call ✗ call lost -0.71% · α vs SPY -6.36% · entry $138.86 → $137.87
Next anchor: T+60d in 7w
Currently $133.54 · -3.83% from $138.86 entry
Entry anchored
May 4, 2026
via day open
T+1d
+0.63%
call +0.63% · α -0.17%
$139.73
settled 5w ago
T+5d
-1.30%
call -1.30% · α -4.24%
$137.05
settled 27d ago
T+20d
-0.71%
call -0.71% · α -6.36%
$137.87
settled 5d ago
T+60d
call — · α —
in 7w

Price Chart

Loading chart...

Executive Summary

Oppenheimer issued a rare double upgrade on Airbnb (ABNB) from Perform to Outperform on May 4, 2026, setting a Street-high price target of $180. This represents 27% upside from the current $141.66. Oppenheimer's call is contrarian to a deeply split consensus: 26 Buy, 21 Hold, 2 Sell. The firm has a 52% accuracy rate on 1,809 calls with an average return of 3.6%, placing it in the middle of the pack. The new $180 target is well above the mean of $148.19 and median of $146. The upgrade comes just three days before Q1 2026 earnings on May 7, adding a timing catalyst. Momentum is positive with 2 upgrades and 0 downgrades in the past 30 days, though EPS revisions are mixed with more downgrades than upgrades for the current and next quarters. Insider selling has been heavy, with five sales totaling ~$4.6M in April, diverging from the bullish analyst signal. Short interest is elevated at 56.9% of float, suggesting potential for a squeeze if earnings surprise. The bottom line: a high-conviction double upgrade from a credible firm near earnings is a powerful signal, but insider selling and mixed estimate revisions warrant caution.

Impact Score

Base Score
1/7
LLM Adjustment
+2
Final Score
3/10

Consensus & Targets

Buy / Strong Buy
26 (53%)
Hold
21
Sell / Strong Sell
2
Total Analysts
35
Mean PT
$148.19
Median PT
$146.00
High PT
$180.00
Low PT
$110.00
Current Price
$141.66
Implied Upside
+4.6%

Consensus is split: 8 Strong Buy, 18 Buy, 21 Hold, 2 Sell, 0 Strong Sell — 26 Buy vs 23 non-Buy. That's a 53% Buy ratio, indicating no clear consensus. Oppenheimer's upgrade shifts the balance slightly but remains a minority view.

Mean target $148.19, median $146, high $180 (Oppenheimer), low $110. Current price $141.66 implies 4.6% upside to mean. Oppenheimer's $180 is 21.5% above the mean and 23.3% above the median — a bold outlier.

Recent Analyst Activity

DateFirmActionRatingPrice Target
2026-05-04 Oppenheimer upgrade Outperform $180.00
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

30-day analyst activity: 2 upgrades (Oppenheimer, Wells Fargo), 0 downgrades. EPS revisions: mixed — current quarter (0q) has 2 up vs 4 down in last 30 days; next quarter (+1q) has 1 up vs 4 down. Estimates are being revised slightly lower for near-term quarters but stable for full-year 0y (4 up vs 3 down).

Firm Track Record — Oppenheimer

Oppenheimer accuracy: 52% on 1809 calls | avg return: 3.6%

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

Oppenheimer has a 52% accuracy rate on 1,809 calls with an average return of 3.6%. This is below the top-tier firms like BTIG (100% on 2 calls), Deutsche Bank (75% on 4), and RBC Capital (75% on 4). Among 15 firms tracked, Oppenheimer ranks near the middle. Best: BTIG (100%, 2 calls). Worst: JMP Securities (60%, 5 calls) and Benchmark (57%, 7 calls).

Earnings Estimates

Next earnings: May 7, 2026

PeriodEPS Est.EPS RangeRevenueRevisions (7d)
+1y $5.75 $5.16 — $6.48 $15.1B ↑2 ↓0
0y $4.94 $4.50 — $5.36 $13.7B ↑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 heavy: 5 sales totaling ~$4.6M in April, including co-founder Nathan Blecharczyk ($3.5M). No insider buys. No congressional trades. Institutional activity is mixed: Norges Bank initiated a $480M position but also exited a prior one; FMR trimmed 27.7%; UBS added 64.5%. Short interest is elevated at 56.9% of float, suggesting bearish positioning. The analyst upgrade diverges from insider selling and short interest, creating a potential squeeze setup.

Actionable Insight

Oppenheimer's double upgrade is a high-conviction bullish signal, but the heavy insider selling and elevated short interest create a tug-of-war. Traders should watch for a positive earnings surprise on May 7 to trigger a short squeeze; otherwise, the insider selling may cap upside.

Documents Analyzed

Report based on filing metadata.

20 reports for ABNB
Performance horizon
67% Hit rate 4 of 6 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 34m)

Subscribe to SecBot

Get Real-Time SEC Filing Intelligence

Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.

Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access