Oppenheimer analyst Jed Kelly upgraded Airbnb (ABNB) from Perform to Outperform. The firm established a new price target of $180 for the stock.
The upgrade reflects confidence in Airbnb's expansion into the hotel sector and AI-powered search capabilities. Oppenheimer expects these strategic initiatives to drive durable revenue acceleration.
Analyst Jed Kelly noted that current consensus estimates do not yet factor in this growth potential. Airbnb shares rose in early trading on May 4, 2026, following the announcement.