According to CNBC, KeyBanc upgraded Airbnb to overweight from sector weight and set a $191 price target on the stock, implying 19% upside from Thursday's close. Analyst Sergio Segura said the firm's case rests on durable core growth, hotels as a second growth engine, and Airbnb's potential to benefit from AI. He also said the shares trade below their three-year median valuation multiple and at a discount to traditional lodging peers despite stronger growth and operating momentum. KeyBanc said Airbnb closed at 14.1 times its 2028 estimated enterprise-value-to-EBITDA ratio, below its three-year historical next 12 months median of 16.7 times. LSEG data show 27 of the 45 analysts covering Airbnb rate it buy or strong buy, while 17 rate it hold. Shares are up 18% year to date.
