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Airbnb (ABNB) Stock Price, News & Analysis

Airbnb logo
$137.74 +4.48 (+3.36%)
(As of 03:05 PM ET)

About Airbnb Stock (NASDAQ:ABNB)

Key Stats

Today's Range
$133.30
$140.76
50-Day Range
$117.55
$147.37
52-Week Range
$110.38
$170.10
Volume
4.27 million shs
Average Volume
4.52 million shs
Market Capitalization
$87.32 billion
P/E Ratio
48.33
Dividend Yield
N/A
Price Target
$138.97
Consensus Rating
Hold

Company Overview

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.

Airbnb Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
65th Percentile Overall Score

ABNB MarketRank™: 

Airbnb scored higher than 65% of companies evaluated by MarketBeat, and ranked 146th out of 290 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Airbnb has received a consensus rating of Hold. The company's average rating score is 2.06, and is based on 8 buy ratings, 18 hold ratings, and 6 sell ratings.

  • Amount of Analyst Coverage

    Airbnb has been the subject of 21 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Airbnb's stock forecast and price target.
  • Earnings Growth

    Earnings for Airbnb are expected to grow by 11.88% in the coming year, from $4.04 to $4.52 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Airbnb is 48.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.16.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Airbnb is 48.32, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 19.14.

  • Price to Earnings Growth Ratio

    Airbnb has a PEG Ratio of 1.86. 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 10.29. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Airbnb's valuation and earnings.
  • Percentage of Shares Shorted

    2.33% 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 3.5, 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 7.33%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Airbnb does not currently pay a dividend.

  • Dividend Growth

    Airbnb does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    2.33% 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 3.5, 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 7.33%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Airbnb has a news sentiment score of 1.13. 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 higher news sentiment than the 0.67 average news sentiment score of Consumer Discretionary companies.
  • News Coverage This Week

    MarketBeat has tracked 31 news articles for Airbnb this week, compared to 25 articles on an average week.
  • Search Interest

    43 people have searched for ABNB on MarketBeat in the last 30 days. This is an increase of 105% compared to the previous 30 days.
  • MarketBeat Follows

    Only 22 people have added Airbnb to their MarketBeat watchlist in the last 30 days. This is a decrease of -15% compared to the previous 30 days.
  • 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 $81,077,447.00 in company stock.

  • Percentage Held by Insiders

    27.83% 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

    80.76% of the stock of Airbnb is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Airbnb's insider trading history.
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ABNB Stock News Headlines

Tourists walk by the ancient Roman Colosseum as it's reflected in a puddle, in Rome, Sept
Airbnb users to play gladiators in Rome's Colosseum, sparking mixed reactions over $1.5 million deal
The ancient Roman Colosseum will be the venue of gladiator fights for the first time in two millennia under a $1.5 million sponsorship deal with Airbnb
The #1 ETF for monthly income
We just found the #1 ETF for monthly income. This outlier is paying a huge 22% dividend... And you could start collecting it if you act by December 19th.
LONDON, UK - May 15 2020: Airbnb home rental logo on a phone with a key
Airbnb Stock Attracts Attention With Strong Cash Flow Strategy
Airbnb stock reported double-digit growth across all its KPIs. Still, investors should keep track of one bonus in the business model.
Morgan Stanley Remains a Sell on Airbnb (ABNB)
How to Profit From Airbnb's "Stuck" Share Price
3 Stocks That Could Turn $1,000 into $5,000 by 2030
See More Headlines

ABNB Stock Analysis - Frequently Asked Questions

Airbnb's stock was trading at $136.14 at the beginning of 2024. Since then, ABNB shares have increased by 1.2% and is now trading at $137.72.
View the best growth stocks for 2024 here
.

Airbnb, Inc. (NASDAQ:ABNB) released its quarterly earnings results on Thursday, November, 7th. The company reported $2.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.17 by $0.04. The firm had revenue of $3.73 billion for the quarter, compared to analyst estimates of $3.72 billion. Airbnb had a trailing twelve-month return on equity of 32.88% and a net margin of 16.96%.

Airbnb subsidiaries include these companies: Urbandoor, HotelTonight, Gaest, Luckey Homes, Accomable, AdBasis, Trooly, and others.

Airbnb (ABNB) raised $2.4 billion in an initial public offering on Thursday, December 10th 2020. The company issued 51,900,000 shares at a price of $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.

Top institutional shareholders of Airbnb include Edgewood Management LLC (2.12%), Jennison Associates LLC (1.69%), Geode Capital Management LLC (1.46%) and Pacer Advisors Inc. (0.66%). Insiders that own company stock include Brian Chesky, Elinor Mertz, Aristotle N Balogh, Aristotle N Balogh, Nathan Blecharczyk, Jeffrey D Jordan, Catherine C Powell, Dave Stephenson, David C Bernstein, Joseph Gebbia, Joseph Gebbia and Belinda J Johnson.
View institutional ownership trends
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Airbnb investors own include NVIDIA (NVDA), Meta Platforms (META), Tesla (TSLA), Advanced Micro Devices (AMD), Netflix (NFLX), JPMorgan Chase & Co. (JPM) and Alphabet (GOOG).

Company Calendar

Last Earnings
11/07/2024
Today
11/22/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/11/2025

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
$138.97
High Stock Price Target
$195.00
Low Stock Price Target
$90.00
Potential Upside/Downside
+1.6%
Consensus Rating
Hold
Rating Score (0-4)
2.06
Research Coverage
32 Analysts

Profitability

Net Income
$4.79 billion
Pretax Margin
21.46%

Debt

Sales & Book Value

Annual Sales
$9.92 billion
Cash Flow
$4.80 per share
Book Value
$13.39 per share

Miscellaneous

Free Float
457,538,000
Market Cap
$86.73 billion
Optionable
Optionable
Beta
1.15

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This page (NASDAQ:ABNB) was last updated on 11/22/2024 by MarketBeat.com Staff
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