7. Airbnb Inc. (NASDAQ:ABNB)
Number of Hedge Fund Holdings in Q4 2025: 80
Hospitality firm Airbnb Inc. (NASDAQ:ABNB)’s shares are down by 1.8% over the past year and are up by 1.8% year-to-date. Wells Fargo discussed the firm on April 1st as it raised the share price target to $136 from $133 and kept an Equal Weight rating. The bank commented that Airbnb Inc. (NASDAQ:ABNB) could experience strong operating momentum and added that the macroeconomic environment will continue to influence the firm’s performance. Mizuho raised Airbnb Inc. (NASDAQ:ABNB)’s share price target to $175 from $156 and kept an Outperform rating after the firm’s fourth quarter earnings report. Cramer, on the other hand, discussed the first quarter earnings, which saw Airbnb Inc. (NASDAQ:ABNB)’s $2.68 billion in revenue and $0.26 in earnings per share beat analyst revenue estimates of $2.62 billion and miss the earnings estimates of $0.29:
“By the way, AirBnb, I was quite happy with it because they did have mideast problems. . .yeah AirBnb that was a pretty good quarter.”
Artisan Value Fund discussed Airbnb, Inc. (NASDAQ:ABNB) in its fourth quarter 2025 investor letter:
“We added two new names in Q4: Airbnb, Inc. (NASDAQ:ABNB) and Union Pacific (UNP). Our only sale was Fiserv. Airbnb is an online marketplace for lodging, connecting hosts with travelers globally. Airbnb’s stock has been under pressure due to moderating growth expectations, especially as the US is no longer in hyper-growth mode, concerns about a stretched consumer, tough comparisons following the Paris Olympics and skepticism around newer initiatives such as experiences and services. Some investors also fear AI-driven disintermediation, despite limited evidence. Airbnb is a category creator with exceptional brand strength—~90% of bookings are direct and unaided. Its global, hyper-local marketplace benefits from a powerful supply-demand flywheel, deep review history and trusted customer service. Ongoing quality initiatives have improved guest satisfaction and reinforced the moat, while expansion in international markets and major global events support long-term growth. Airbnb’s business economics and financial strength are well above average. The company operates an asset-light model, with high gross margins, high returns on invested capital and strong free cash flow. Airbnb has a large net cash position, earns meaningful interest income on its float and has steadily reduced dilution while aggressively repurchasing shares. At current levels, expectations embed conservative growth assumptions. With consensus numbers, downside risk appears limited, in our view, while any reacceleration in growth and operating leverage could drive meaningful upside.”
