Airbnb's Trading Volume Drops 39.29% to $850 Million, Ranks 73rd in Market
On May 5, 2025, Airbnb's trading volume reached $850 million, a 39.29% decrease from the previous day, ranking 73rd in the day's stock market. Airbnb's stock price fell by 0.30%.
Airbnb has introduced an AI bot for customer service in the U.S., with CEO Brian Chesky reporting that 50% of customers are already utilizing this feature. The company plans to expand this service to all its users globally.
Airbnb's financial performance for the first quarter of 2025 showed a single-digit revenue growth, with the company attributing this to a weak travel market. Economic uncertainties have led to a softer demand for U.S. travel, impacting Airbnb's financial results. Additionally, Canadians shunning U.S. travel has further affected the company's performance.
Analysts have responded to Airbnb's Q1 report with mixed sentiments. DA Davidson maintained a Buy rating with a $155 target, while Susquehanna cut the price target to $150. UBS reduced its target to $137, maintaining a neutral rating. Benchmark also cut its target to $155 but kept a Buy rating. Cantor Fitzgerald was more pessimistic, lowering the target to $100.

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