Airbnb rose another 2.5% Monday to about $182.60, extending gains even after BMO Capital lifted its price target only to $165 and kept a Market Perform rating.
Revenue climbed 17% to $3.61 billion, gross booking value rose 16% to $27.2 billion, and nights and seats booked increased 10% to 148.3 million, giving investors fresh reason to bid up the stock.
Profitability also strengthened, with adjusted EBITDA up 21% to $1.26 billion and free cash flow reaching $1.25 billion, while management projected at least mid-teens revenue growth for 2026.
Services, experiences, international expansion and platform improvements are becoming larger growth drivers, but the stock already trades above GuruFocus's $172.05 fair-value estimate, raising pressure to sustain execution.