Airbnb: Jefferies upgrades stock
(CercleFinance.com) - Jefferies upgrades Airbnb shares from 'hold' to 'buy', raising its target price for them from $165 to $185, believing that market share gains will be enhanced by increased adoption of experiences, for which Airbnb is particularly well placed.
In addition, we believe growth is further supported by higher take rates, mainly driven by the launch of sponsored listings, the broker summarises.
Jefferies adds that its analysis shows that the core accommodation business alone is worth Airbnb's current value, implying that zero is attributed to experiences or take rates.
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.
In addition, we believe growth is further supported by higher take rates, mainly driven by the launch of sponsored listings, the broker summarises.
Jefferies adds that its analysis shows that the core accommodation business alone is worth Airbnb's current value, implying that zero is attributed to experiences or take rates.
Copyright (c) 2025 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.