ABNB · PEAD ↑ 80

Airbnb reported Q2 2026 EPS of $1.37 on 2026-08-06 (after market close), beating the $1.20 consensus by $0.17 (+14.2%).

Print-day reaction was essentially flat at -0.6% versus the prior close, as the after-market-close timing meant the market had not yet absorbed the beat. The overnight gap to the T+1 open surged +8.6%, signalling a forceful post-close revaluation with no fade. Over the following two trading sessions the stock drifted a further +3.9%, sustaining and extending the gap with no meaningful give-back. Cumulative abnormal return of +21.2% versus SPY.US puts this firmly in PEAD long territory; per the documented drift pattern, the read holds through 2026-11-03.