Demystifying Airbnb: Insights From 11 Analyst Reviews
Portfolio Pulse from Benzinga Insights
Airbnb (NASDAQ:ABNB) has been reviewed by 11 analysts in the last three months, with a mix of ratings from bullish to bearish. The average 12-month price target is $130.09, down 9.38% from the previous average. Analysts from firms like BMO Capital, Barclays, and Jefferies have adjusted their price targets and ratings, reflecting a cautious outlook. Airbnb's financial performance shows strong revenue growth, net margin, ROE, and ROA, with a low debt-to-equity ratio. The company is a major player in the online accommodation and travel industry, with over 7 million listings and significant revenue from North America.
January 09, 2024 | 1:00 pm
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NEUTRAL IMPACT
Airbnb has received a range of analyst ratings, with an average 12-month price target of $130.09, indicating a downward revision from previous targets. The company's strong financial metrics may support investor confidence despite the cautious outlook from analysts.
The mixed analyst ratings and the reduction in the average price target suggest a neutral short-term impact on ABNB's stock price. The strong financial performance could counterbalance the cautious sentiment, leading to a potentially stable outlook in the short term.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 100