S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
The Charles Schwab Company Can Hit New Highs
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
Closing prices for crude oil, gold and other commodities
Retail sales surge 0.7% in March as Americans seem unfazed by higher prices with jobs plentiful
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
The Charles Schwab Company Can Hit New Highs
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
Closing prices for crude oil, gold and other commodities
Retail sales surge 0.7% in March as Americans seem unfazed by higher prices with jobs plentiful
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
The Charles Schwab Company Can Hit New Highs
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
Closing prices for crude oil, gold and other commodities
Retail sales surge 0.7% in March as Americans seem unfazed by higher prices with jobs plentiful
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
The Charles Schwab Company Can Hit New Highs
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
Closing prices for crude oil, gold and other commodities
Retail sales surge 0.7% in March as Americans seem unfazed by higher prices with jobs plentiful

Airbnb (ABNB) Stock Price, News & Analysis

$155.60
-3.77 (-2.37%)
(As of 04/15/2024 ET)
Today's Range
$154.41
$162.90
50-Day Range
$144.53
$168.18
52-Week Range
$103.55
$170.10
Volume
3.72 million shs
Average Volume
4.67 million shs
Market Capitalization
$100.68 billion
P/E Ratio
21.49
Dividend Yield
N/A
Price Target
$147.58

Airbnb MarketRank™ Stock Analysis

Analyst Rating
Hold
2.16 Rating Score
Upside/​Downside
5.2% Downside
$147.58 Price Target
Short Interest
Healthy
2.78% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.47mentions of Airbnb in the last 14 days
Based on 31 Articles This Week
Insider Trading
Selling Shares
$94.05 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.

3.74 out of 5 stars

Computer And Technology Sector

194th out of 594 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

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Airbnb, Inc. (NASDAQ:ABNB) Short Interest Update
Did You Get Your Free Bitcoin Yet?
And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.
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
4/16/2024
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
-5.2%
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
$4.50 per share
Book Value
$12.80 per share

Miscellaneous

Free Float
447,510,000
Market Cap
$100.68 billion
Optionable
Optionable
Beta
1.25

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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 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 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 brokerages have issued 12-month price objectives for Airbnb's stock. Their ABNB share price targets range from $105.00 to $195.00. On average, they predict the company's share price to reach $147.58 in the next year. This suggests that the stock has a possible downside of 5.2%.
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 on January 1st, 2024. Since then, ABNB stock has increased by 14.3% and is now trading at $155.60.
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 daily volume of 4,780,000 shares, the short-interest ratio is presently 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) released its quarterly earnings data on Tuesday, February, 13th. The company reported $0.76 earnings per share for the quarter, beating the consensus estimate of $0.67 by $0.09. The company earned $2.22 billion during the quarter, compared to analysts' expectations 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 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 retail and institutional investors. Top institutional shareholders include Paragon Capital Management Ltd (0.06%), TB Alternative Assets Ltd. (0.05%), Czech National Bank (0.01%), Wealth Enhancement Advisory Services LLC (0.01%), Global Assets Advisory LLC (0.01%) and Contravisory Investment Management Inc. (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 4/16/2024 by MarketBeat.com Staff

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