San Francisco-headquartered Airbnb (ABNB) remains in focus ahead of its fiscal first-quarter earnings set to land on May 7 after market close.
Consensus is for the vacation rentals specialist to post $0.30 in earnings per share (EPS) on a little more than a 15% year-over-year increase in revenue to $2.62 billion.
Heading into the Q1 print, Airbnb stock is up more than 20% versus its year-to-date low.
Where Options Data Suggests Airbnb Stock is Headed
Options traders expect Airbnb to report a strong quarter and rip higher on the back of its quarterly print.
According to Barchart, the put-to-call ratio on contracts expiring May 8 sits at about 0.85x currently, signaling a bullish skew, with the upper price at about $149, indicating a 6.41% push to the upside after earnings.
Importantly, ABNB shares’ technicals also suggest a near-term rally. At the time of writing, Airbnb is trading firmly above its major moving averages (MAs), with an RSI in the mid-50s reinforcing further room to run.
Note that the company also has over $5 billion in remaining buyback authorization, which makes it even more attractive to own in 2026.
How High Could ABNB Shares Fly in 2026?
Ahead of the Q1 release, Oppenheimer analysts have also upgraded Airbnb shares to “Outperform” and raised their price target to $180, signaling potential upside of another 28% from here.
In a recent report, the investment firm cited ABNB’s successful expansion into the hotel sector and accelerated adoption (70%+ in the U.S.) of its “Reserve Now, Pay Later” feature for its bullish view.
Oppenheimer expects AI-driven search to improve conversion rates and streamline user experience as well.
Airbnb is worth owning because the upcoming FIFA World Cup 2026, spanning 16 cities in North America, will also serve as a major tailwind for booking volume and revenue growth, it concluded.
What’s the Consensus Rating on Airbnb?
While not as bullish as Oppenheimer, other Wall Street firms also favor investing in ABNB stock.
The consensus rating on Airbnb sits at “Moderate Buy” currently, with the mean price target of about $151 indicating potential upside of roughly 8% from here.
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On the date of publication, Wajeeh Khan did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
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