On November 14, Airbnb, Inc. rose 3.05% in Regular Trading, trading at $186.775 per share, with turnover of $424 million.
The move followed renewed analyst support, with a recent buy rating maintained alongside a $230 price target, helping revive market focus on the company’s strong third-quarter results, expanded buyback plan, and growth outlook.
Earlier, Airbnb, Inc. reported third-quarter revenue of $4.869 billion, up 19% year over year, and net profit of about $1.89 billion, up 38%. It also guided fourth-quarter revenue to $3.22 billion-$3.28 billion, above market expectations, and authorized an additional $12 billion share repurchase program. After recent pressure tied to executive share-sale disclosures and weaker travel-platform sentiment, the stock appears to be rebounding as investors reassess those fundamentals.
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