Airbnb stock: Bernstein reiterates USD 217 target for Airbnb stock

Published on 10/23/2026 at 16:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Airbnb revenue rose 17.00 percent to USD 3.61 billion in the second quarter of 2026. Airbnb stock costs EUR 154.45 on October 23, 2026.

Analyst target and business growth

Bernstein reiterated a USD 217.00 target and Outperform rating on October 12, 2026.
Airbnb revenue rose 17.00 percent to USD 3.61 billion in the second quarter of 2026.
Airbnb stock costs EUR 154.45 at Lang & Schwarz on October 23, 2026 at 4:36 p.m. CEST.

Draufsicht auf Reiseutensilien: Koffer, Pass, Karte, Schlüssel, Aktienzertifikat und ISIN-Karte — Airbnb Inc. US0090661010 Flatlay mit Koffer Reisepass Karte Schlüssel Aktien-Zertifikat und ISIN-Karte, Illustration mit AI erstellt.

Airbnb Inc. (ISIN US0090661010) was trading at EUR 154.45 at Lang & Schwarz on October 23, 2026 at 4:36 p.m. CEST. On October 12, 2026, Bernstein SocGen Group reiterated an Outperform rating and a USD 217.00 price target, which stands 25.60 percent above the USD 172.77 Nasdaq price cited in the analyst report. Investing.com

Bernstein sees pricing potential

The analyst case centers on Airbnb's dynamic pricing rollout. Bernstein estimated that the proprietary pricing tool could eventually add a 5.00 to 7.00 percent revenue tailwind, while adoption covered about 40.00 percent of listings on October 12, 2026. The report also pointed to host services and property management as possible extensions beyond pricing.

Second-quarter growth reached 17.00 percent

Airbnb reported second-quarter 2026 revenue of USD 3.61 billion, up 17.00 percent from the prior-year quarter. Gross booking value increased 16.00 percent to USD 27.20 billion, while adjusted EBITDA reached USD 1.30 billion and an adjusted margin of 35.00 percent. Benzinga reported these figures from the company's second-quarter earnings call published on October 13, 2026.

What supports the valuation?

The latest operating figures combine faster revenue growth with a 35.00 percent adjusted EBITDA margin. Management also described USD 4.69 billion to USD 4.77 billion of third-quarter 2026 revenue as its outlook, implying 15.00 to 17.00 percent year-over-year growth. The full-year adjusted EBITDA margin outlook was raised to at least 35.50 percent.

Airbnb remains below its yearly high

Airbnb traded at USD 172.77 on Nasdaq at 10:45 a.m. ET on October 23, 2026. Its 52-week range was USD 110.81 to USD 193.45, placing the latest Nasdaq price 10.70 percent below the high. The market capitalization was USD 103.5 billion, and the trailing price-to-earnings ratio was 39.43.

Stock price and investor view

The euro quotation gives German investors a current trading reference, while the Nasdaq figures place Airbnb against its home market. Bernstein's USD 217.00 target is above the current Nasdaq quotation, but the report also described host adoption and the pace of new products as important conditions for the pricing strategy.

Airbnb price in Berlin trading

The stock was trading at EUR 154.45 at Lang & Schwarz on October 23, 2026 at 4:36 p.m. CEST. The Nasdaq quotation was USD 172.77 on October 23, 2026 at 10:45 a.m. ET. The further course of trading is shown by the continuously updated real-time quote of Airbnb stock.