Airbnb (ABNB) stock jumped 17.43% on Aug. 7, closing at $178.07 at its highest level in four years. The move followed a strong second-quarter report and Airbnb's second full-year guidance increase for 2026. Revenue rose 16.5% year-over-year (YOY) to $3.61 billion, while earnings came in at $1.37 per share, ahead of the $1.26 analyst estimate. The stock is now up more than 35% this year, and its options market is pointing to more upside, with the high end of contract pricing near $200, or about 13% above the current price over the next five months.
Airbnb also raised its full-year revenue growth outlook to “at least mid-teens” from “low-to-mid-teens” just a quarter ago. It lifted its adjusted EBITDA margin target to at least 35.5% from 35%. The company had already raised its outlook in May, so the latest increase suggests travel demand has remained solid beyond the usual summer bump.
