Airbnb Q3 Earnings Preview: What To Know Before Checking This Stock
Portfolio Pulse from Surbhi Jain
Airbnb Inc (NASDAQ:ABNB) is set to report its Q3 earnings on Nov. 1. The company's revenues have been growing at a rate of over 20% YoY for the last three quarters, and this growth is expected to continue due to efforts in underpenetrated markets in Asia. Analysts expect Airbnb to report $1.96 in EPS and $3.18 billion in revenue for Q3. The stock is currently rated as a Hold by 43 analysts with an average price target of $141.84. The stock has fallen by 13% over the past month.
November 01, 2023 | 2:55 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Airbnb's Q3 earnings report is expected to show strong revenue growth, but the stock has been falling recently. Analysts rate it as a Hold with a price target of $141.84.
Airbnb's strong revenue growth and expansion into underpenetrated markets in Asia are positive signs. However, the stock's recent decline and the Hold rating from analysts suggest uncertainty about its short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100