On November 6, Airbnb, Inc. rose 12.01% in Regular Trading, trading at $186.735/share, with turnover of $224 million.

The move was supported by a clear earnings-driven catalyst: the company reported third-quarter results above market expectations, issued fourth-quarter revenue guidance above consensus, raised its annual revenue growth outlook, and announced an additional $12 billion Class A common stock repurchase authorization.

For the quarter ended September 30, revenue rose 19% to about $4.87 billion, above expectations near $4.75 billion, while diluted EPS came in at $3.16 versus estimates around $2.84-$2.85. Net income was about $1.89 billion, up 38% year over year. Management said booking growth accelerated across all regions, with double-digit nights booked growth globally and faster growth in five core markets: the US, France, the UK, Canada, and Australia. The company guided fourth-quarter revenue to $3.22 billion-$3.28 billion, ahead of expectations near $3.16 billion, and several analysts lifted price targets after the release.

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