The short answer: Shares of Airbnb already exploded. Those fortunate few who got IPO shares have made 156% on their initial investment already. The stock doubled on the first day of trading. We saw some more gains when Airbnb released its first earnings report with better-than-expected results in February.
Full Answer
Should you buy Airbnb stock right now?
Jun 01, 2021 · Airbnb (NASDAQ: ABNB) stock is down by close to 15% from its all-time highs, trading at about $188 per share, due to the broader sell-off in high-growth technology stocks. However, the outlook for ...
Is Airbnb overvalued?
Aug 24, 2021 · What happened. Shares of Airbnb ( ABNB -2.91% ) closed up 10% today after Reuters reported that the company has offered to provide free, temporary housing to 20,000 Afghan refugees worldwide.
Will Airbnb stock go up?
Apr 24, 2022 · Earnings Growth. Earnings for Airbnb are expected to grow by 39.89% in the coming year, from $1.88 to $2.63 per share. Price to Earnings Ratio vs. the Market. The P/E ratio of Airbnb is 99.95, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 9.96.
When will Airbnb go public?
Dec 16, 2020 · As of 11:30 a.m. EST, Airbnb stock is up nearly 12%. Image source: Getty Images. ... 2.4 times as many of them think that Airbnb stock is going to go up over the next 30 days, as opposed to down. ...
Is Airbnb a buy right now?
32 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Airbnb in the last twelve months. There are currently 1 sell rating, 17 h...
When is Airbnb's next earnings date?
Airbnb is scheduled to release its next quarterly earnings announcement on Thursday, May 12th 2022. View our earnings forecast for Airbnb .
How were Airbnb's earnings last quarter?
Airbnb, Inc. (NASDAQ:ABNB) issued its quarterly earnings results on Monday, February, 14th. The company reported $0.08 earnings per share (EPS) for...
What guidance has Airbnb issued on next quarter's earnings?
Airbnb issued an update on its first quarter 2022 earnings guidance on Tuesday, March, 1st. The company provided earnings per share guidance of for...
What price target have analysts set for ABNB?
32 Wall Street analysts have issued 1 year price targets for Airbnb's shares. Their forecasts range from $150.00 to $250.00. On average, they expec...
Who are Airbnb's key executives?
Airbnb's management team includes the following people: Mr. Brian Chesky , Co-Founder, CEO, Head of Community & Chairman (Age 39, Pay $219.07k)...
Who are some of Airbnb's key competitors?
Some companies that are related to Airbnb include Marriott International (MAR) , Carnival Co. & (CCL) , Royal Caribbean Group (RCL) , Hyatt Hot...
When did Airbnb IPO?
(ABNB) raised $2.4 billion in an initial public offering (IPO) on Thursday, December 10th 2020. The company issued 51,900,000 shares at $44.00-$50....
What is Airbnb's stock symbol?
Airbnb trades on the NASDAQ under the ticker symbol "ABNB."
The vacation rental specialist is offering free, temporary housing to Afghan refugees
I like things that go "boom." Sonic or otherwise, that means I tend to gravitate towards defense and aerospace stocks. But to tell the truth, over the course of a dozen years writing for The Motley Fool, I have covered -- and continue to cover -- everything from retailers to consumer goods stocks, and from tech to banks to insurers as well.
What happened
Shares of Airbnb ( NASDAQ:ABNB) closed up 10% today after Reuters reported that the company has offered to provide free, temporary housing to 20,000 Afghan refugees worldwide.
So what
As a business move, this has pluses and minuses. Airbnb won't be making any money from facilitating free rentals, and it will rely on donations from CEO Brian Chesky and its charity Airbnb.org to fund the project. On the other hand, the positive PR that Airbnb will earn from this move is invaluable.
What is Airbnb's ticker symbol?
Airbnb trades on the NASDAQ under the ticker symbol "ABNB."
When did Airbnb's lock up expire?
When did the company's lock-up period expire? Airbnb's lock-up period expired on Tuesday, June 8th. Airbnb had issued 51,323,531 shares in its public offering on December 10th. The total size of the offering was $3,490,000,108 based on an initial share price of $68.00.
How much does Airbnb make?
Airbnb has a market capitalization of $87.43 billion and generates $3.38 billion in revenue each year. The company earns $-4,584,720,000.00 in net income (profit) each year or ($15.53) on an earnings per share basis.
What is the official website of Airbnb?
The official website for Airbnb is www.airbnb.com.
Does Airbnb pay dividends?
Airbnb does not currently pay a dividend.
Traders bet that what went down just has to go back up
I like things that go "boom." Sonic or otherwise, that means I tend to gravitate towards defense and aerospace stocks. But to tell the truth, over the course of a dozen years writing for The Motley Fool, I have covered -- and continue to cover -- everything from retailers to consumer goods stocks, and from tech to banks to insurers as well.
What happened
Investors in new IPO and vacation rental website Airbnb ( NASDAQ:ABNB) have had a rough week so far, as their shares continued to tumble from a post-IPO high of $165 hit last week, finally ending below $125 last night. But the morning dawned bright today.
So what
Why is Airbnb up? Well, the macroeconomic news today is broadly positive, with coronavirus vaccines continuing to roll out across the country, the FDA approving a $30 at-home test for COVID-19, and Congressional leaders reportedly getting close to approving a $900 billion stimulus package that will reportedly include a second round of stimulus checks being mailed out to taxpayers..
Now what
All of this, of course, has investors feeling optimistic about Airbnb, and as StreetInsider.com reports today, traders in particular are buying call options on the stock at 2.4 times the rate they're buying puts.
Traders can't get enough of Airbnb call options
I like things that go "boom." Sonic or otherwise, that means I tend to gravitate towards defense and aerospace stocks. But to tell the truth, over the course of a dozen years writing for The Motley Fool, I have covered -- and continue to cover -- everything from retailers to consumer goods stocks, and from tech to banks to insurers as well.
What happened
For the second day in a row, shares of virtual hospitality provider Airbnb ( NASDAQ:ABNB) are rallying as options traders (folks who buy the right to buy or sell a stock rather than just buying the stock itself) crowd into new positions.
So what
Airbnb is a new IPO -- in case you haven't heard -- and today is only the second day options contracts have been available for traders to play with. As StreetInsider.com reports this morning, they're trading these options with abandon.
How much of Airbnb stock does Management own?
Management owns 1% of Airbnb stock. The float, now at 329.8 million shares according to MarketSmith, has risen sharply. Yet, this float still poses at roughly 52% of the 628.6 million shares outstanding. So, individual investors should prepare for secondary offerings of closely held shares that could hit the stock in the future.
When did Airbnb stock reversal?
Airbnb stock staged a terrific reversal on June 30, turning an early mild loss into a 4.8% gain in accelerating turnover. That cut the stock's loss for the second quarter to nearly 19%. On the same day, the stock also retook a key technical level on its chart: the 50-day moving average.
How many mutual funds own Airbnb?
MarketSmith data shows the total number of mutual funds owning a piece of Airbnb has now hit a record 1,031 funds at the end of the third quarter, up sharply from 664 in Q4 2020. Top funds holding a stake include Janus Henderson Enterprise Fund (JANEX), Franklin Growth (FKGRX), MFS Growth (MFEGX) and the A+ rated Artisan Developing World Investors (ARTYX). ABNB makes up more than 3% of Artisan's fund assets.
Why is ABNB a buy opportunity?
In essence, ABNB offered a buy opportunity for those who are willing to accept higher-than-normal risk. Why? Plenty of investors who bought at much higher price levels and held on to their losing positions may come out of the woodwork, eager to sell their shares to cut losses or get out and break even.
What is the handle on Airbnb?
The handle poses as the final shakeout of uncommitted, disgruntled investors who bought at higher prices before Airbnb's severe drop, and itched to get out for a small loss or at break-even as the stock rebounded. This quiet pullback clears the decks for a potential first-class breakout.
How much did Airbnb revenue fall in 2020?
After a nominal pickup in the top line in the first quarter of 2020, Airbnb saw revenues fall 72%, 18% and 22% vs. year-ago levels in Q2, Q3 and Q4, respectively.
How much will Airbnb lose in 2021?
Right now, Wall Street thinks Airbnb will keep bleeding red ink, losing another $1.60 a share in 2021. However, the bottom-line consensus estimate for 2022 has turned from a net loss of 26 cents to earnings of 9 cents a share, an encouraging sign.
How many countries does Airbnb have?
Its network of hosts can offer rentals in 220 countries and 100,000 cities. No competing alternative accommodations company can even come close.
Does Airbnb have an early mover advantage?
Airbnb has the early mover advantage on alternative travel accommodations. It has spent over a decade doing all the blocking and tackling to put together a network of hosts worldwide that none of its competitors can match.
Has Airbnb exploded?
The short answer: Shares of Airbnb already exploded.
Can you buy Airbnb as a long term hold?
If you are looking to buy Airbnb as a long-term hold, this is probably not the time or price to do so.
Is Airbnb a good stock?
Airbnb could be a fantastic growth stock, but you can overpay for even the best companies. Today's price looks like too high a level.
ABNB Target Price
ABNB price target in 14 days: 181.427 USD* upside and 139.550 USD* downside. (Highest and lowest possible predicted price in a 14 day period)
Airbnb Inc - Class A ( ABNB ) Stock Market info
Recommendations: Buy or sell Airbnb Inc - Class A stock? Wall Street Stock Market & Finance report, prediction for the future: You'll find the Airbnb Inc - Class A share forecasts, stock quote and buy / sell signals below.
When was Airbnb founded?
Formed in 2007, San Francisco-based home-sharing network Airbnb (NASDAQ:ABNB) has been through a number of ups and downs. And as you would expect, the Covid-19 pandemic induced a down period for the company and for ABNB stock.
How many countries does Airbnb operate in?
Source: AlesiaKan / Shutterstock.com Airbnb is a so-called two-sided online marketplace (meaning both hosts and guests are considered customers) that claims to operate in over 100,000 cities in 220 countries.
What is Airbnb 2020?
Airbnb’s platform offered 5.6 million active accommodation listings in 2020. Listings from the company’s 4 million hosts are spread over 220 countries and 100,000 cities. In 2020, 53% of revenue was from the North American region, 30% from Europe/Middle East/Africa, 10% from Asia-Pacific, and 7% from Latin America. Transaction fees for online bookings account for all its revenue.
Is growth stock profitable?
Investing in growth stocks has proved to be a highly profitable strategy in the past two years. Companies that prioritized growth over profitability at any cost have especially thrived in the low-interest environment. In this macroenvironment, only those growth stocks with solid competitive advantages and economies of scale have a good chance of thriving.
Does Marriott have an Airbnb?
Marriott partnered with home rental firm Hostmaker to offer Airbnb-style rentals through its Tribute Portfolio Homes; Choice Hotels Vacation Rentals business began offering private residence, cabin, and resort-style accommodations; and Wyndham Hotels has an extensive vacation rental business that is pretty much just an Airbnb direct competitor. There's a lot to like about what the company has done so far, and I'm not bearish in the immediate sense. The company has managed to rapidly build its business, but there's a significant risk that unfavorable regulatory developments will limit growth in key markets.
