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Analysts Conflicted on These Consumer Cyclical Names: Airbnb (ABNB), Cheesecake Factory (CAKE) and Maplebear (CART)

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Airbnb (ABNBResearch Report), Cheesecake Factory (CAKEResearch Report) and Maplebear (CARTResearch Report).

Airbnb (ABNB)

Wells Fargo analyst Ken Gawrelski maintained a Sell rating on Airbnb today and set a price target of $127.00. The company’s shares closed last Wednesday at $157.90.

According to TipRanks.com, Gawrelski is a 4-star analyst with an average return of 11.2% and a 64.7% success rate. Gawrelski covers the NA sector, focusing on stocks such as Alphabet Class A, Meta Platforms, and Match Group.

Currently, the analyst consensus on Airbnb is a Hold with an average price target of $152.86, a -2.7% downside from current levels. In a report issued on May 2, Barclays also maintained a Sell rating on the stock with a $110.00 price target.

See the top stocks recommended by analysts >>

Cheesecake Factory (CAKE)

In a report released yesterday, Zachary Fadem from Wells Fargo maintained a Hold rating on Cheesecake Factory, with a price target of $36.00. The company’s shares closed last Wednesday at $33.97.

According to TipRanks.com, Fadem is a 5-star analyst with an average return of 13.8% and a 64.9% success rate. Fadem covers the NA sector, focusing on stocks such as Petco Health and Wellness Company, Restaurant Brands International, and National Vision Holdings.

The word on The Street in general, suggests a Hold analyst consensus rating for Cheesecake Factory with a $37.00 average price target, which is a 9.4% upside from current levels. In a report released today, Robert W. Baird also maintained a Hold rating on the stock with a $37.00 price target.

Maplebear (CART)

In a report released yesterday, Jake Fuller from BTIG maintained a Hold rating on Maplebear. The company’s shares closed last Wednesday at $37.48.

According to TipRanks.com, Fuller is a 4-star analyst with an average return of 4.5% and a 47.3% success rate. Fuller covers the NA sector, focusing on stocks such as Booking Holdings, TripAdvisor, and Expedia.

Maplebear has an analyst consensus of Moderate Buy, with a price target consensus of $42.07, which is a 14.5% upside from current levels. In a report issued on April 23, Needham also maintained a Hold rating on the stock.

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