Airbnb, Inc ABNB Stock Price, News & Info The Motley Fool

ABNB daily bullish hammer at local pivot high gotta be quick possibly wave 4 of downtrend. Moved my stop loss to $105.02 after this day bullish candle. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. To start, Airbnb’s fourth-quarter outlook was slightly disappointing, at least to some people.

In addition to this technical chart pattern, strong agreement among Wal… Airbnb, Inc. has been one of the stocks most watched by users lately. Airbnb on Monday said it plans to make the total cost of rental properties, including all fees, clearer to customers as they search for places to stay, addressing what is arguably one of the biggest pet… The valuations are reasonable, so investors shouldn’t hold off any longer. Ironically, making the platform better for consumers could hurt revenue. The decade-long boom in the online advertising business of pay-per-click appears to be fading.

Airbnb, Inc. (ABNB)

Please read more about the technique of buying a breakaway gap in this Investor’s Corner. Buying breakaway gaps work best in a strong bull market, especially coming out of a deep or long correction. We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters. You generally want to home in on companies that show an RS Rating of 85 or higher.

  • At $130.55, the average Airbnb stock forecast implies 32% upside potential.
  • ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities.
  • So, it’s important to know a company’s potential revenue growth.
  • The price broke already below the neckline, however the target has not been reached yet.
  • I believe we can agree that Airbnb delivered very impressive top and bottom-line results.

Even a modest investment can be a great place to start in the current market. Yahoo Finance Live’s Seana Smith looks at several stocks trending in the after-hours trading session. Airbnb co-founder Nate Blecharczyk expressed confidence in the home-share platform despite economic headwinds like high inflation squeezing household budgets. This company is showing no signs of slowing down, and is built for long-term growth. One share of can currently be purchased for approximately $107.01. MarketBeat has tracked 11 news articles for Airbnb this week, compared to 17 articles on an average week. New penny stock report features a little-known company with a new FDA approved solution.

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Moving toward the third quarter of 2021, investors naturally expected a noteworthy rebound in revenues following the travel restrictions easing. In Q3 2021, the company didn’t just reclaim its past revenue levels but actually reported massive revenue growth of 66.7%. Airbnb is not only delivering exciting growth on top of last year’s record results, but it has also developed into a highly-profitable business. With strong catalysts to support its expansion and the stock trading at inexpensive levels relative to the company’s future prospects, Airbnb’s investment case appears quite enticing. Airbnb’s business sees seasonal trends, so investors must remember the first and fourth quarters will underperform the second and third.

The price broke already below the neckline, however the target has not been reached yet. The price bounced back up and is getting rejected from the previous support. Therefore we are expecting the price to continue the downtrend and reach the target from the double top formation. Price has been falling since November 2021, no signs of turning back up, and massive bearish patterns on all timeframes. Now, it’s unclear if these rules will be fought in court or if they will spread to other areas of the country, but it’s something Airbnb investors need to watch. It will probably be fine if Airbnb is affected in one or two of its large markets, but the investment thesis comes under threat if restrictive policies spread quickly. Still, that’s not a terrible outlook, considering the University of Michigan’s Consumer Sentiment Index is still near all-time lows.

ABNB stock

Specifically, they have bought $0.00 in company stock and sold $67,628,252.00 in company stock. Airbnb has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume. Represents the company’s profit divided by the outstanding shares of its common stock. The float, now at 387 million shares according to MarketSmith, has risen sharply.

Airbnb Continues to See Industry-Leading Demand in Q2

More than 75 million shares exchanged hands, the highest amount for a single week since May 2021. "I am officially announcing that the Covid pandemic is over for the travel industry," Steve Glenn, head of, wrote in a weekly newsletter for the week of Oct. 24. Finally, just like during the Great Financial Crisis in 2008, people today are particularly interested in making extra cash via hosting, which should continue Airbnb expanding the company’s global presence. Specifically, during the last 12 months, Airbnb generated ~$3.3 billion in free cash flow. This demonstrated that Airbnb is able to drive growth and profitability at scale, even against a challenging macroeconomic landscape. In constant currency, revenues actually grew by an impressive 36%. Airbnb operates an online platform for stays and experiences to guests in more than 220 countries.

Looking At Airbnb’s Recent Unusual Options Activity

Airbnb saw its strongest performance on the revenue front with r… The company’s average rating score is 2.41, and is based on 14 buy ratings, 17 hold ratings, and 1 sell rating. Intraday Data provided by FACTSET and subject to terms of use. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements. At some point, Airbnb may stage a strong breakout to 52-week highs. When that happens, always stay disciplined with position management; cut losses short if the stock breaks expectations.

How Has Private Equity Investing Fared for Mutual Funds?

Airbnb, Inc. is expected to post earnings of $0.30 per share for the current quarter, representing a year-over-year change of +275%. Over the last 30 days, the Zacks Consensus Estimate has changed +29.8%. The mean of analysts’ price targets for Airbnb, Inc. points to a 30.5% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analy… According to 46 analysts, the average rating for is "Buy." The 12-month stock price forecast is 143.41, which is an increase of 34.56% from the latest price. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 to -2 . This is a lower news sentiment than the 0.38 average news sentiment score of Computer and Technology companies.

Airbnb has been the subject of 14 research reports in the past 90 days, demonstrating strong analyst interest in this stock. According to analysts’ consensus price target of $144.33, Airbnb has a forecasted upside of 34.8% from its current price of $107.10. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earni… Airbnb Inc said on Wednesday it had recorded a "disproportionate" 31% rise in single-room listings on its platform in the third quarter, as more people sought extra income in the face of a cost-of-living crisis. The technique has proven to be very useful for finding positive surprises. We believe this network advantage will be supported by continued expansion into the experiences vertical over the next several years. Further, we expect some durability in remote working to enhance long-term travel demand.

Based on an average daily trading volume, of 6,060,000 shares, the short-interest ratio is currently 2.8 days. Airbnb, Inc., together with its subsidiaries, operates a platform that enables hosts to offer stays and experiences to guests worldwide. The company’s marketplace model connects hosts and guests online or through Airbnb mobile devices to book spaces and experiences. It primarily offers private rooms, primary homes, or vacation homes. The company was formerly known as AirBed & Breakfast, Inc. and changed its name to Airbnb, Inc. in November 2010. Airbnb, Inc. was founded in 2007 and is headquartered in San Francisco, California.

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