Airbnb Can Withstand Economic Downturns As Online Lodging Remains Resilient: Analyst
1. DA Davidson upgraded ABNB from Neutral to Buy with a $155 price target. 2. Leisure travel spending may face downturns but online lodging remains resilient. 3. Airbnb's affordability initiatives have stabilized prices against rising hotel rates. 4. The company has a strong market position with over eight million listings. 5. 2025 revenue and EBITDA estimates were slightly lowered due to macro headwinds.