Wall Street Turns Less Bearish on Airbnb: Truist Raises Target to $129

Truist upgraded Airbnb to Hold from Sell and raised its price target to $129 from $107 (up $22, ~20.6%), after raising its 2026 adjusted EBITDA and earnings estimates. The change reflects improved 2026 profitability expectations from the analyst and may provide modest near-term support for the shares, though it is an analyst action rather than company-released results.

Analysis

Truist upgraded Airbnb to Hold from Sell and raised its price target to $129 from $107 (up $22, ~20.6%), after raising its 2026 adjusted EBITDA and earnings estimates. The change reflects improved 2026 profitability expectations from the analyst and may provide modest near-term support for the shares, though it is an analyst action rather than company-released results.