Airbnb’s latest quarterly earnings beat expectations, but most analysts remain concerned about the stock going forward. Several analysts of the stock reiterated their neutral or sell ratings on Airbnb the day after the company reported its scheduled fourth-quarter results, citing continued risk to short-term rental names. . “Risks include competition, slower-than-expected consumer adoption of alternative accommodation types, a possible acceleration of a return to short-term core vacations, and the deployment of additional revenue streams. support faster than expected,” Credit Suisse analyst Stephen Ju said in a note. neutral rating. The analyst has a price target of $160 per share, implying a gain of 32.3%. JPMorgan’s Doug Anmuth also reiterated a neutral rating on the stock, noting that online travel is getting more and more competitive. He added that Airbnb is still “soon.” [its] profits skyrocket,” meaning it could take some time before its profits show significant growth. Anmuth also points to a more fundamental problem for Airbnb. “Airbnb is built on top of that.” concept of trust, so negative behaviors by hosts and/or guests can negatively affect Airbnb’s reputation and public perception.” The company has struggled with damage to Airbnb. rental sites from parties and put a permanent ban on house parties by 2022. Additionally, Airbnb has faced regulatory pressure in the United States and other regions, with Governments have expressed concern about the impact of companies on local housing prices, Sheridan wrote on Wednesday, adding that these worries “could lead to an overall slowdown in housing prices” travel trends (booking growth), mixed dynamics of change that could slow the rate of change for ADR, both of which have downward pressure on incremental margins & the long-term growth debate persists around what the post-pandemic environment looks like (back to the office vs. hybrid work environment).” Sheridan raised her price target its stock to $98 a share from $87. That new target, however, still implies a near 19% drop from Tuesday’s close. However, not everyone has a negative attitude towards Airbnb after their earnings report. Wells Fargo’s Brian Fitz said he “continues[s] love ABNB’s category leadership, consistently strong execution, and executive discipline.” COVID-19 pandemic,” he wrote in a client note Wednesday, adding that he He hopes “ABNB can leverage its various winds and moats to drive strong LT earnings and revenue growth.” Airbnb cut its staff by 25% during the pandemic in 2020 as the company has since continued to expand its workforce and said it expected to “continue hiring at a reasonable rate.” management in 2023.” The company’s current staffing level decreased by 5% compared to 2019, while revenue increased by 75%. . Fitz reiterated his overweight rating on the stock and raised his price target to $165 from $130, implying a 36.5% gain from Tuesday’s closing price of $120.87 la. — Michael Bloom of CNBC contributed to this report.