NASDAQ:ABNB

Airbnb (ABNB) Stock Forecast, Price & News

$106.81

+2.39 (+2.29%)

(As of 05/26/2023 ET)

Compare

Today's Range: $104.99
▼
$107.62
50-Day Range: $104.42
▼
$127.07
52-Week Range: $81.91
▼
$144.63

Volume: 4.68 million shs
Average Volume: 8.61 million shs
Market Capitalization: $68.30 billion

P/E Ratio: 35.49
Dividend Yield: N/A
Price Target: $135.55

Airbnb MarketRank™ Forecast

Analyst Rating: Hold
2.46 Rating Score
Upside/Downside: 26.9% Upside
$135.55 Price Target
Short Interest: Healthy
3.63% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.39
Based on 30 Articles This Week
Insider Trading: Selling Shares
$215.27 M Sold Last Quarter
Proj. Earnings Growth: 18.31%
From $3.44 to $4.07 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.05 out of 5 stars

Computer And Technology Sector

20th out of 623 stocks

Services To Dwellings & Other Buildings Industry

1st out of 5 stocks

4.2

Analyst's Opinion

Consensus Rating
Airbnb has received a consensus rating of Hold. The company's average rating score is 2.46, and is based on 19 buy ratings, 13 hold ratings, and 3 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $135.55, Airbnb has a forecasted upside of 26.9% from its current price of $106.81.
Amount of Analyst Coverage
Airbnb has been the subject of 15 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
3.63% of the outstanding shares of Airbnb have been sold short.
Short Interest Ratio / Days to Cover
Airbnb has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Airbnb has recently increased by 10.77%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Airbnb does not currently pay a dividend.
Dividend Growth
Airbnb does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ABNB.

3.0

News and Social Media Coverage

News Sentiment
Airbnb has a news sentiment score of 0.39. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.56 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 30 news articles for Airbnb this week, compared to 23 articles on an average week.
Search Interest
182 people have searched for ABNB on MarketBeat in the last 30 days. This is an increase of 28% compared to the previous 30 days.
MarketBeat Follows
51 people have added Airbnb to their MarketBeat watchlist in the last 30 days. This is an increase of 70% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Airbnb insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $215,270,491.00 in company stock.
Percentage Held by Insiders
30.84% of the stock of Airbnb is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 39.02% of the stock of Airbnb is held by institutions.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Airbnb are expected to grow by 18.31% in the coming year, from $3.44 to $4.07 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Airbnb is 35.49, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.66.
Price to Earnings Ratio vs. Sector
The P/E ratio of Airbnb is 35.49, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 339.95.
Price to Earnings Growth Ratio
Airbnb has a PEG Ratio of 1.40. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Airbnb has a P/B Ratio of 12.92. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Airbnb (NASDAQ:ABNB) Stock

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.

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ABNB Stock News Headlines

May 10, 2023 | marketbeat.com

Airbnb Stock, a Look Ahead and What The Post-Earnings Dip Means

Airbnb reached its first profitable quarter in history, allowing for positive free cash flow and expanding share repurchase programs to set the tone.

May 9, 2023 | marketbeat.com

Airbnb posts $117 million 1Q profit as revenue grows by 20%

Airbnb has reported a $117 million profit for the first quarter, the first time that the company has made money during the seasonally slowest part of the year

May 28, 2023 | Legacy Research (Affiliate) (Ad)

Sell every Stock except ONE

Markets are down...But Jeff Clark couldn't care less because he ignores almost every stock in the market except ONE. He lives financially free trading this One Stock Once per month...

May 3, 2023 | marketbeat.com

Airbnb will push rooms as low-cost option to house rentals

Airbnb is going back to its roots to cater to travelers who are growing more concerned with saving money

May 28, 2023 | americanbankingnews.com

Airbnb, Inc. (NASDAQ:ABNB) Director Sells $867,153.08 in Stock

May 26, 2023 | benzinga.com

Airbnb Board Member Trades $867K In Company Stock

May 26, 2023 | finance.yahoo.com

How Airbnb Works

May 26, 2023 | finance.yahoo.com

Are Short-Term Rental Hosts Really Preparing to Cut Airbnb Out of the Picture?

May 28, 2023 | Legacy Research (Affiliate) (Ad)

Sell every Stock except ONE

Markets are down...But Jeff Clark couldn't care less because he ignores almost every stock in the market except ONE. He lives financially free trading this One Stock Once per month...