Airbnb Inc. (NASDAQ:ABNB) is one of the Iran Peace Deal Sends Oil Lower: Top 8 Travel Stocks to Buy Now.
On June 16, Bank of America Securities analyst Justin Post reiterated a Hold rating on Airbnb Inc. (NASDAQ:ABNB) and set a price target of $150
In contrast to BofA, Wells Fargo analyst Ken Gawrelski maintained a Buy rating on the stock on June 12 and also assigned a price target of $181. Airbnb is expanding into the AI business, with CEO Brian Chesky launching a new artificial intelligence lab focused on developing AI models, according to Bloomberg. This model is expected to develop more advanced AI tools than the chatbots currently in use by the company’s competitors, such as Expedia and Booking Holdings.
ABNB’s latest tool will be heavily focused on customer satisfaction with greater agentic capabilities. It will allow users to compare options more easily by showing detailed photos. The AI tailwind continues to help the company with its growth ambitions.