Airbnb Inc (NASDAQ:ABNB) is trading higher Friday amid a notable analyst upgrade following better‑than‑expected fourth‑quarter revenue and upbeat quarter-one guidance.
- Airbnb stock is showing exceptional strength. Why is ABNB stock surging?
What Are The Numbers Showing?
Airbnb reported earnings of 56 cents per share, missing the 65‑cent estimate, but revenue came in strong at $2.78 billion, topping the $2.72 billion consensus.
Gross booking value reached $20.4 billion, up 13% from last year, while nights and experiences booked rose 10% to 121.9 million — a sign that underlying demand remains solid despite the earnings miss.
For the first quarter, Airbnb guided for revenue between …