Airbnb’s latest quarterly earnings beat expectations, but most analysts are still concerned about the stock going forward. Several analysts covering the stock reiterated their neutral or sell ratings on Airbnb, citing ongoing risks for the short-term rental name, a day after the company reported results for its calendar fourth quarter. Credit Suisse analyst Stephen Xu said in a note, “Risks include competition, slower-than-expected consumer adoption of alternative accommodations, a possible re-acceleration in core short-term stays and a faster-than-expected rollout of ancillary revenue streams.” ” neutral rating. The analyst has a price target of $160 per share, which implies upside of 32.3%. Doug Anmuth of JP Morgan also reiterated a neutral rating on the stock, noting that online travel is growing more competitive. He said that Airbnb is still “in a hurry [its] profitability ramp,” meaning it may take a while to show significant growth in its bottom line. Anmuth also pointed to a more fundamental problem for Airbnb. “Airbnb is built on the concept of trust, so both hosts and /or negative behavior from guests can negatively affect the reputation and public perception of Airbnb.” The company is battling damage to rental sites from parties, and has put in place a permanent ban on house parties in 2022. The impact of companies on prices. ABNB 1D Mountain After Airbnb released its fourth-quarter earnings, Eric Sheridan of Goldman Sachs was even more negative on the stock going forward. He reiterated his sell rating on Airbnb. “Looking to 2023 However, we continue “to worry about a mix of changed consumer behavior,” Sheridan wrote on Wednesday. In travel trends (bookings growth), mix shift dynamics that could slow the rate of change on ADRs, both of those elements put pressure on incremental margins and the long-term secular growth debate surrounding a post-pandemic environment Has been made. Looks like (return to office vs hybrid work environment). However, that new target is still down about 19% from Tuesday’s close. However, not everyone was as negative on Airbnb following its earnings report. Wells Fargo’s Brian Fitz said he “continues[s] ABNB’s category leadership, consistently strong execution, and operating discipline to like.” While he noted that margin pressures and concerns about macro headwinds could impact strong demand, he remained optimistic that Airbnb could remain resilient. Airbnb’s business model “has proven resilient through the COVID-19 pandemic,” he wrote in Wednesday’s client note, adding that he expects “ABNB to continue to deliver strong LT revenue and earnings by taking advantage of its various tailwinds and moats.” Airbnb laid off 25% of its workforce during the pandemic in 2020 as part of cost-cutting measures. The company has since resumed expanding its workforce and said it “Expects to continue hiring at a prudent pace in 2023.” Its current headcount level is down 5% compared to 2019, while revenue is up 75% Fitz reiterated his overweight rating on the stock, and raised his price target from $130 to $165, up 36.5% from Tuesday’s close of $120.87.- CNBC’s Ma Ikel Bloom contributed to this report.