Airbnb's Margins Under Pressure Despite Q3 Beat, Analysts Caution

Shares of Airbnb Inc ABNB tumbled in early trading on Friday, after the company reported downbeat third-quarter results. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Piper Sandler On Airbnb Analyst Thomas Champion maintained a Neutral, while raising the price target from $125 to $145. Airbnb reported third-quarter gross bookings and revenues of $20.1 billion and $3.7 billion, up 10% year-onyear and 9% year-on-year, respective, with both coming in hi ...