Airbnb stock jumps as company reenters 'growth mode,' plans to develop its own AI agent

Yahoo Finance · Grace O'Donnell · 2026-11-06 15:04 UTC

Airbnb stock jumped 10% on Friday after the peer-to-peer home rental company touted strong growth across its business and raised its full-year outlook amid h...

Airbnb (ABNB) stock jumped nearly 10% on Friday after the peer-to-peer home rental company touted strong growth across its business and raised its full-year outlook amid robust global travel demand.

"Airbnb is back in growth mode," CEO Brian Chesky said in a release to investors. "It's rare for a marketplace of our size to reaccelerate growth, but that's exactly what we're doing. In Q3, we delivered our fastest revenue growth in more than three years, with acceleration across our business, including our most established markets."

In the third quarter, Airbnb reported earnings per share of $3.16, surpassing Wall Street analyst estimates of $2.85 per share, according to S&P Global Market Intelligence data. Revenue grew 19% to $4.87 billion, also beating estimates of $4.74 billion.

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