Airbnb shares have surged 24.5% over the past month to close at $184.98, pushing past the $173.12 analyst consensus target. Management raised full-year guidance to at least mid-teens revenue growth and lifted the adjusted EBITDA margin outlook to at least 35.5%, while first-time booker growth hit an 11% four-year high and app bookings rose 23% year over year. The company generated $1.253 billion in free cash flow in the most recent quarter and $4.8 billion over the trailing 12 months, a 37% free cash flow margin. A retracement to the 50-day moving average near $144.51 remains plausible, making staged tranche accumulation more prudent than a single lump-sum entry.
Airbnb IncRaised full-year guidance and lifted EBITDA margin outlook, with strong free cash flow.
