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S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Abbott Laboratories Outlook is Healthy: Buy the Dip
Closing prices for crude oil, gold and other commodities
Stock market today: Asian shares gain despite Wall Street's tech-led retreat
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Abbott Laboratories Outlook is Healthy: Buy the Dip
Closing prices for crude oil, gold and other commodities
Stock market today: Asian shares gain despite Wall Street's tech-led retreat
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Abbott Laboratories Outlook is Healthy: Buy the Dip
Closing prices for crude oil, gold and other commodities
Stock market today: Asian shares gain despite Wall Street's tech-led retreat
Prologis Stock Leading U.S. Logistics Boom
NASDAQ:ABNB

Airbnb (ABNB) Stock Price, News & Analysis

$158.37
+1.71 (+1.09%)
(As of 04/17/2024 ET)
Today's Range
$156.41
$159.70
50-Day Range
$147.60
$168.18
52-Week Range
$103.55
$170.10
Volume
3.90 million shs
Average Volume
4.63 million shs
Market Capitalization
$102.48 billion
P/E Ratio
21.87
Dividend Yield
N/A
Price Target
$147.58

Airbnb MarketRank™ Stock Analysis

Analyst Rating
Hold
2.16 Rating Score
Upside/​Downside
6.8% Downside
$147.58 Price Target
Short Interest
Healthy
2.78% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.31mentions of Airbnb in the last 14 days
Based on 34 Articles This Week
Insider Trading
Selling Shares
$77.30 M Sold Last Quarter
Proj. Earnings Growth
16.63%
From $4.63 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.

3.68 out of 5 stars

Computer And Technology Sector

200th out of 592 stocks

Services To Dwellings & Other Buildings Industry

3rd 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

Top 5 AI Stocks to Buy for 2024
5 Best AI Stocks to Invest In Investors are getting very rich in AI stocks right now. Wall Street legend is giving away the name and ticker of the little-known AI stock Wall Street is currently buying hand-over-fist.
Top 5 AI Stocks to Buy for 2024
5 Best AI Stocks to Invest In Investors are getting very rich in AI stocks right now. Wall Street legend is giving away the name and ticker of the little-known AI stock Wall Street is currently buying hand-over-fist.
Airbnb, Inc. (NASDAQ:ABNB) Short Interest Update
Airbnb is allowing my tenant to illigally sublet my house
Airbnb Inc - Class A
Benchmark Initiates Coverage on Airbnb (NASDAQ:ABNB)
See More Headlines
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Company Calendar

Last Earnings
2/13/2024
Today
4/17/2024
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
$147.58
High Stock Price Target
$195.00
Low Stock Price Target
$105.00
Potential Upside/Downside
-6.8%
Consensus Rating
Hold
Rating Score (0-4)
2.16
Research Coverage
32 Analysts

Profitability

Net Income
$4.79 billion
Pretax Margin
21.20%

Debt

Sales & Book Value

Annual Sales
$9.92 billion
Cash Flow
$4.70 per share
Book Value
$12.80 per share

Miscellaneous

Free Float
447,510,000
Market Cap
$102.48 billion
Optionable
Optionable
Beta
1.25

Social Links

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Should I Buy Airbnb Stock? ABNB Pros and Cons Explained

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 accommodations and experiences, which can attract a large customer base and drive revenue growth.
  • Recent market trends show an increasing demand for alternative accommodations like those offered by Airbnb, indicating a potential for sustained growth in the industry.
  • With a strong brand presence and global reach, Airbnb has the potential to expand into new markets and diversify its offerings, providing opportunities for long-term growth.
  • Investors may find Airbnb's stock price attractive, considering its potential for future growth and profitability in the evolving travel and hospitality sector.
  • As a leader in the services to dwellings industry, Airbnb's established position and network could provide a competitive advantage and stability for investors.

Cons

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

  • Regulatory challenges and legal uncertainties in various markets could pose risks to Airbnb's operations and financial performance, impacting investor confidence.
  • The travel and hospitality industry is highly sensitive to economic downturns and external factors, which may affect Airbnb's revenue and profitability, leading to potential investment risks.
  • Competition from traditional accommodation providers and emerging platforms could intensify, affecting Airbnb's market share and pricing power, potentially impacting investor returns.
  • Changes in consumer preferences or travel behaviors, especially in response to global events or health concerns, could impact Airbnb's business model and financial results, influencing investor decisions.
  • Investors should consider the potential impact of unforeseen events or crises, such as natural disasters or pandemics, on Airbnb's operations and financial stability, which could affect investment outcomes.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these Airbnb pros and cons to contact@marketbeat.com.

ABNB Stock Analysis - Frequently Asked Questions

Should I buy or sell Airbnb stock right now?

32 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Airbnb in the last twelve months. There are currently 4 sell ratings, 19 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street equities research 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?

32 analysts have issued 1-year price targets for Airbnb's shares. Their ABNB share price targets range from $105.00 to $195.00. On average, they predict the company's stock price to reach $147.58 in the next twelve months. This suggests that the stock has a possible downside of 6.8%.
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 start of the year. Since then, ABNB shares have increased by 16.3% and is now trading at $158.37.
View the best growth stocks for 2024 here
.

Are investors shorting Airbnb?

Airbnb saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 18,000,000 shares, a decrease of 8.4% from the March 15th total of 19,640,000 shares. Based on an average trading volume of 4,780,000 shares, the days-to-cover ratio is currently 3.8 days.
View Airbnb's Short Interest
.

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 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.67 by $0.09. The business had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.16 billion. Airbnb had a net margin of 48.32% and a trailing twelve-month return on equity of 40.96%.

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

Airbnb updated its first quarter 2024 earnings guidance on Tuesday, February, 13th. The company provided 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 acted 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 institutional and retail investors. Top institutional investors include Paragon Capital Management Ltd (0.06%), TB Alternative Assets Ltd. (0.05%), Hodges Capital Management Inc. (0.02%), Czech National Bank (0.01%), Wealth Enhancement Advisory Services LLC (0.01%) and Global Assets Advisory LLC (0.01%). 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 4/18/2024 by MarketBeat.com Staff

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