S&P 500   5,254.35 (+0.11%)
DOW   39,807.37 (+0.12%)
QQQ   444.52 (-0.07%)
AAPL   171.95 (-0.78%)
MSFT   421.16 (-0.06%)
META   488.67 (-1.05%)
GOOGL   151.05 (+0.12%)
AMZN   180.33 (+0.28%)
TSLA   175.57 (-2.37%)
NVDA   903.92 (+0.16%)
NIO   4.50 (-3.64%)
AMD   179.98 (+0.22%)
BABA   72.39 (+1.12%)
T   17.62 (+0.40%)
F   13.29 (+1.76%)
MU   117.81 (-1.12%)
CGC   8.54 (-10.58%)
GE   175.85 (-2.37%)
DIS   122.42 (+1.19%)
AMC   3.72 (-14.29%)
PFE   27.80 (+0.07%)
PYPL   66.99 (+0.63%)
XOM   116.20 (+1.07%)
S&P 500   5,254.35 (+0.11%)
DOW   39,807.37 (+0.12%)
QQQ   444.52 (-0.07%)
AAPL   171.95 (-0.78%)
MSFT   421.16 (-0.06%)
META   488.67 (-1.05%)
GOOGL   151.05 (+0.12%)
AMZN   180.33 (+0.28%)
TSLA   175.57 (-2.37%)
NVDA   903.92 (+0.16%)
NIO   4.50 (-3.64%)
AMD   179.98 (+0.22%)
BABA   72.39 (+1.12%)
T   17.62 (+0.40%)
F   13.29 (+1.76%)
MU   117.81 (-1.12%)
CGC   8.54 (-10.58%)
GE   175.85 (-2.37%)
DIS   122.42 (+1.19%)
AMC   3.72 (-14.29%)
PFE   27.80 (+0.07%)
PYPL   66.99 (+0.63%)
XOM   116.20 (+1.07%)
S&P 500   5,254.35 (+0.11%)
DOW   39,807.37 (+0.12%)
QQQ   444.52 (-0.07%)
AAPL   171.95 (-0.78%)
MSFT   421.16 (-0.06%)
META   488.67 (-1.05%)
GOOGL   151.05 (+0.12%)
AMZN   180.33 (+0.28%)
TSLA   175.57 (-2.37%)
NVDA   903.92 (+0.16%)
NIO   4.50 (-3.64%)
AMD   179.98 (+0.22%)
BABA   72.39 (+1.12%)
T   17.62 (+0.40%)
F   13.29 (+1.76%)
MU   117.81 (-1.12%)
CGC   8.54 (-10.58%)
GE   175.85 (-2.37%)
DIS   122.42 (+1.19%)
AMC   3.72 (-14.29%)
PFE   27.80 (+0.07%)
PYPL   66.99 (+0.63%)
XOM   116.20 (+1.07%)
S&P 500   5,254.35 (+0.11%)
DOW   39,807.37 (+0.12%)
QQQ   444.52 (-0.07%)
AAPL   171.95 (-0.78%)
MSFT   421.16 (-0.06%)
META   488.67 (-1.05%)
GOOGL   151.05 (+0.12%)
AMZN   180.33 (+0.28%)
TSLA   175.57 (-2.37%)
NVDA   903.92 (+0.16%)
NIO   4.50 (-3.64%)
AMD   179.98 (+0.22%)
BABA   72.39 (+1.12%)
T   17.62 (+0.40%)
F   13.29 (+1.76%)
MU   117.81 (-1.12%)
CGC   8.54 (-10.58%)
GE   175.85 (-2.37%)
DIS   122.42 (+1.19%)
AMC   3.72 (-14.29%)
PFE   27.80 (+0.07%)
PYPL   66.99 (+0.63%)
XOM   116.20 (+1.07%)

Airbnb (ABNB) Stock Price, News & Analysis

$164.98
-1.43 (-0.86%)
(As of 03:51 PM ET)
Today's Range
$164.86
$167.38
50-Day Range
$137.04
$168.18
52-Week Range
$103.55
$170.10
Volume
1.90 million shs
Average Volume
4.95 million shs
Market Capitalization
$106.75 billion
P/E Ratio
22.79
Dividend Yield
N/A
Price Target
$144.96

Airbnb MarketRank™ Stock Analysis

Analyst Rating
Hold
2.17 Rating Score
Upside/​Downside
12.1% Downside
$144.96 Price Target
Short Interest
Healthy
3.04% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.92mentions of Airbnb in the last 14 days
Based on 30 Articles This Week
Insider Trading
Selling Shares
$126.84 M Sold Last Quarter
Proj. Earnings Growth
15.38%
From $4.68 to $5.40 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.67 out of 5 stars

Computer And Technology Sector

198th out of 587 stocks

Services To Dwellings & Other Buildings Industry

1st out of 5 stocks

ABNB stock logo

About Airbnb Stock (NASDAQ:ABNB)

Airbnb, Inc. is a global, web-based marketplace for short-term rentals and house-sharing arrangements. The company was founded in 2008 as AirBedandBreakfast.com after roommates Brian Chesky, and Joe Gebbia came up with the idea they could turn their apartment into a bed and breakfast if they had a website. The two brought on Nathan Blecharczyk as Chief Technology Officer, and by August of that same year, the company was up and running.

At first, the platform was solely for the trio's own use and they had their first customers soon after launching. The next year the trio was offered the chance to join the Y Combinator business incubator for the cost of a 6% ownership in the company. That deal got them $20,000 in capital they used to go to New York to promote and garner new investors. They came back to California with a plan to expand the business including the shift toward brokering deals rather than providing a room. At the end of 2009, the company had served more than 10,000 users and had more than 2,500 listings.

The next few years saw the company expand rapidly with the help of investors like Sequoia Capital and Google (now Alphabet). The company also retooled its website and appearance and launched a new logo. The logo is called Bélo and is meant to represent inclusiveness and belonging. During this time, the company also began its international expansion, opening offices first in London and then later in Singapore.

Airbnb owes much of its growth to acquisitions. The company has made more than a dozen major acquisitions over its short lifespan. Acquisitions include both expansions of territory as well as the depth of offerings and include CrashPadder in 2012 and HotelTonight in 2021. The company went public in 2020 to much fanfare, raising more than $3.5 billion in its first day of trading. That gave the company a valuation greater than $100 billion making it one of the largest IPOs in the travel industry ever recorded.

Today, Airbnb operates through a network of subsidiaries as a technology-based travel and leisure company. It operates a web-based platform that enables property owners to offer rental time to consumers globally. The platform works across devices and enables users to book complete travel packages or individual travel services. The company’s revenue was just short of $6 billion in 2021 due to the incredible boost from COVID-19 and social distancing. The event was a game-changer for this rapidly growing company and helped to cement it as the leader in its industry.

As of the end of the year 2021, the company had more than 4 million listings with more than double that number of beds. This puts it first worldwide and larger than the top 4 hotel brands combined. Revenue in 2022 topped $8.25 billion, a growth of 37.5% in only 2 years, and the company was only reaching a small fraction of its $3.4 trillion addressable market.

ABNB Stock Price History

ABNB Stock News Headlines

AI to Meet the Same Fate as EVs?
When these tech bubbles burst, they invariably leave investors disillusioned by their losses. Now, many worry a similar fate is awaiting AI. And one man, legendary financial analyst Porter Stansberry, who called Nvidia at $11…
Airbnb is banning the use of indoor security cameras in the platform's listings worldwide
Airbnb says it’s banning the use of indoor security cameras in listings on its site around the world by the end of next month
AI to Meet the Same Fate as EVs?
When these tech bubbles burst, they invariably leave investors disillusioned by their losses. Now, many worry a similar fate is awaiting AI. And one man, legendary financial analyst Porter Stansberry, who called Nvidia at $11…
Airbnb Inc (ABNB) CTO Aristotle Balogh Sells 23,670 Shares
Airbnb host increased price by 39% after booking
12 Best Alternatives to Expedia in 2024
Airbnb's Options Frenzy: What You Need to Know
20 Most Visited Countries In Africa
15 Cheapest Latin American Countries To Visit In 2024
15 Cheap Alternatives to Aruba
30 Countries With Most Paid Vacation Days Per Year
See More Headlines
Receive ABNB Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Airbnb and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
2/13/2024
Today
3/28/2024
Next Earnings (Estimated)
5/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Services to dwellings & other buildings
Sub-Industry
Hotels Resorts & Cruise Lines
Current Symbol
NASDAQ:ABNB
Fax
N/A
Employees
6,907
Year Founded
2008

Price Target and Rating

Average Stock Price Target
$144.96
High Stock Price Target
$185.00
Low Stock Price Target
$105.00
Potential Upside/Downside
-12.8%
Consensus Rating
Hold
Rating Score (0-4)
2.17
Research Coverage
29 Analysts

Profitability

Net Income
$4.79 billion
Pretax Margin
21.20%

Debt

Sales & Book Value

Annual Sales
$9.92 billion
Cash Flow
$4.58 per share
Book Value
$12.80 per share

Miscellaneous

Free Float
447,510,000
Market Cap
$107.58 billion
Optionable
Optionable
Beta
1.25

Social Links

A Guide To High-Short-Interest Stocks Cover

MarketBeat's analysts have just released their top five short plays for April 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.

Get This Free Report

Should I Buy Airbnb Stock? ABNB Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Airbnb was last updated on Wednesday, March 27, 2024 at 11:18 PM.

Pros

Here are some ways that investors could benefit from investing in Airbnb, Inc.:

  • Airbnb's innovative platform connects hosts and guests worldwide, offering a diverse range of spaces and experiences, which can lead to sustained growth and revenue.
  • The company's focus on private rooms, primary homes, and vacation homes caters to a wide audience, potentially increasing customer engagement and loyalty.
  • Recent market trends show an increasing demand for alternative accommodations, positioning Airbnb well to capitalize on this growing market segment.
  • Strong brand recognition and global presence provide Airbnb with a competitive edge in the services to dwellings industry, enhancing investor confidence.
  • Current stock price trends indicate a positive trajectory, suggesting potential value appreciation for investors in the near term.

Cons

Investors should be bearish about investing in Airbnb, Inc. for these reasons:

  • Regulatory challenges and legal uncertainties in various markets could impact Airbnb's operations and profitability, leading to potential risks for investors.
  • Competition from traditional hotel chains and other online booking platforms may intensify, affecting Airbnb's market share and revenue growth.
  • Economic downturns or travel disruptions, such as those caused by global events, could significantly impact Airbnb's business performance and financial stability.
  • Fluctuations in consumer travel preferences and behaviors may influence Airbnb's booking volumes and revenue streams, posing challenges for sustained growth.
  • Investors should carefully consider the overall market conditions and industry dynamics before making investment decisions related to Airbnb, Inc.

ABNB Stock Analysis - Frequently Asked Questions

Should I buy or sell Airbnb stock right now?

29 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Airbnb in the last twelve months. There are currently 4 sell ratings, 16 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" ABNB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ABNB, but not buy additional shares or sell existing shares.
View ABNB analyst ratings
or view top-rated stocks.

What is Airbnb's stock price target for 2024?

29 Wall Street research analysts have issued 12-month price objectives for Airbnb's stock. Their ABNB share price targets range from $105.00 to $185.00. On average, they expect the company's stock price to reach $144.96 in the next twelve months. This suggests that the stock has a possible downside of 12.1%.
View analysts price targets for ABNB
or view top-rated stocks among Wall Street analysts.

How have ABNB shares performed in 2024?

Airbnb's stock was trading at $136.14 at the beginning of 2024. Since then, ABNB shares have increased by 21.2% and is now trading at $164.98.
View the best growth stocks for 2024 here
.

When is Airbnb's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our ABNB earnings forecast
.

How were Airbnb's earnings last quarter?

Airbnb, Inc. (NASDAQ:ABNB) announced its quarterly earnings results on Tuesday, February, 13th. The company reported $0.76 EPS for the quarter, beating the consensus estimate of $0.67 by $0.09. The business earned $2.22 billion during the quarter, compared to analyst estimates of $2.16 billion. Airbnb had a trailing twelve-month return on equity of 40.96% and a net margin of 48.32%.

What guidance has Airbnb issued on next quarter's earnings?

Airbnb issued an update on its first quarter 2024 earnings guidance on Tuesday, February, 13th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $2.0 billion-$2.1 billion, compared to the consensus revenue estimate of $2.0 billion.

When did Airbnb IPO?

Airbnb (ABNB) raised $2.4 billion in an initial public offering on Thursday, December 10th 2020. The company issued 51,900,000 shares at $44.00-$50.00 per share. Morgan Stanley and Goldman Sachs served as the underwriters for the IPO and Allen & Co., BofA Securities, Barclays, Citigroup, BNP Paribas, Mizuho Securities, Credit Suisse, Deutsche Bank Securities, Jefferies and Wells Fargo Securities were co-managers.

Who are Airbnb's major shareholders?

Airbnb's stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (5.18%), Vanguard Group Inc. (5.17%), Edgewood Management LLC (1.92%), Capital Research Global Investors (1.89%), Polen Capital Management LLC (1.63%) and Jennison Associates LLC (1.04%). Insiders that own company stock include Alfred Lin, Ann Mather, Aristotle N Balogh, Aristotle N Balogh, Belinda J Johnson, Belinda J Johnson, Brian Chesky, Catherine C Powell, Dave Stephenson, David C Bernstein, David C Bernstein, Elinor Mertz, Gary L Collar, Jeffrey D Jordan, Jeffrey D Jordan, Joseph Gebbia, Joseph Gebbia, Nathan Blecharczyk and Wes Cummins.
View institutional ownership trends
.

How do I buy shares of Airbnb?

Shares of ABNB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Airbnb have any subsidiaries?
The following companies are subsidiares of Airbnb: Accoleo, Accomable, AdBasis, Airbnb International Holdings Limited, Airbnb Payments Holding LLC, ChangeCoin, Crashpadder, DailyBooth, Deco Software, Deco Software, Fondu, Gaest, HotelTonight, Lapka, LocalMind, Luckey Homes, Luxury Retreats, NabeWise, PencilLabs, Tilt, Trip4real, Trooly, Urbandoor, and Vamo.
Read More
This page (NASDAQ:ABNB) was last updated on 3/28/2024 by MarketBeat.com Staff

From Our Partners