Movement Alert｜Airbnb, Inc. Rises 3.1% in Regular Trading, Bernstein Raises Price Target to $217 as China Outbound Travel Searches Surge

Market Focus

Aug 24

On August 24, Airbnb, Inc. rose 3.1% in regular trading, trading at $193.185/share, with turnover of $359 million.

On the news front, Bernstein raised its price target on Airbnb from $168 to $217, implying approximately 12% upside from current levels. According to FactSet, the stock carries an average analyst rating of overweight with a consensus price target of $178.50. This follows similar upgrades from Argus (target raised to $220) and Jefferies (target raised to $215) earlier this month.

Additionally, Airbnb released data showing that Chinese travelers' outbound travel search activity for the Mid-Autumn and National Day holiday period surged approximately 3x compared to the May Day holiday, with average trip duration reaching 7 days. The strong demand signal reinforces the global travel recovery thesis that underpinned Airbnb's Q2 earnings beat, where revenue grew 17% year-over-year to $3.6 billion and net income rose 27%.

Within the Hotels, Resorts & Cruise Lines sector, Booking Holdings rose 2.14%, Carnival gained 0.19%, Royal Caribbean Cruises edged up 0.08%, Marriott advanced 1.18%, while Viking Holdings fell 1.07%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Rises 3.1% in Regular Trading, Bernstein Raises Price Target to $217 as China Outbound Travel Searches Surge","media":"Market Focus","content":"<p><p>On August 24, Airbnb, Inc. rose 3.1% in regular trading, trading at $193.185/share, with turnover of $359 million.</p><p>On the news front, Bernstein raised its price target on Airbnb from $168 to $217, implying approximately 12% upside from current levels. According to FactSet, the stock carries an average analyst rating of overweight with a consensus price target of $178.50. This follows similar upgrades from Argus (target raised to $220) and Jefferies (target raised to $215) earlier this month.</p><p>Additionally, Airbnb released data showing that Chinese travelers' outbound travel search activity for the Mid-Autumn and National Day holiday period surged approximately 3x compared to the May Day holiday, with average trip duration reaching 7 days. 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Rises 3.1% in Regular Trading, Bernstein Raises Price Target to $217 as China Outbound Travel Searches Surge\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1054767329\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Market Focus </p>\n<p class=\"h-time\">2026-08-24 22:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><p>On August 24, Airbnb, Inc. rose 3.1% in regular trading, trading at $193.185/share, with turnover of $359 million.</p><p>On the news front, Bernstein raised its price target on Airbnb from $168 to $217, implying approximately 12% upside from current levels. According to FactSet, the stock carries an average analyst rating of overweight with a consensus price target of $178.50. 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According to FactSet, the stock carries an average analyst rating of overweight with a consensus price target of $178.50. This follows similar upgrades from Argus (target raised to $220) and Jefferies (target raised to $215) earlier this month.Additionally, Airbnb released data showing that Chinese travelers' outbound travel search activity for the Mid-Autumn and National Day holiday period surged approximately 3x compared to the May Day holiday, with average trip duration reaching 7 days. 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