Streetbeat News

ABNB

Airbnb, Inc.

https://www.airbnb.com

Industry

Travel Services

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 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.

Open

134.67

Mkt cap

86B

Volume

19M

High

137.71

P/E Ratio

46.90

52-wk high

170.10

Low

132.76

Div yield

N/A

52-wk low

110.38

Airbnb Inc. (NASDAQ:ABNB) shares dropped by 15.84% in pre-market trading following a mixed Q2 earnings report. While sales exceeded expectations, earnings per share fell short. The company also forecasted a moderation in bookings for the upcoming quarter.

Portfolio Pulse from Benzinga Neuro

August 07, 2024 | 9:20 am

U.S. stocks surged on Tuesday with the Dow Jones, NASDAQ, and S&P 500 all experiencing gains. Key stocks on investors' radars included Reddit, Dell, Airbnb, Rivian, and Tesla, each reacting to various company-specific news.

Portfolio Pulse from Benzinga Neuro

August 07, 2024 | 3:18 am

Airbnb expects its Q3 2024 Adjusted EBITDA to be similar to Q3 2023 on a nominal basis, but with a decline in Adjusted EBITDA Margin. For the full year 2024, the company anticipates growth in Adjusted EBITDA and a margin of at least 35%, allowing for investment in growth opportunities. Additionally, Airbnb expects its full-year 2024 Free Cash Flow margin to be several points above the EBITDA margin.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 8:30 pm

Airbnb shares are trading lower after the company reported worse-than-expected Q2 EPS results and issued Q3 revenue guidance below estimates.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 8:30 pm

Airbnb Inc. (NASDAQ:ABNB) shares fell after the company reported mixed Q2 results. While revenue beat estimates at $2.748 billion, EPS missed at 86 cents per share. Nights and Experiences Booked increased 9% year-over-year, driving $21.2 billion in gross booking value. Despite strong financial metrics, shares dropped 13.36% after-hours.

Portfolio Pulse from Erica Kollmann

August 06, 2024 | 8:29 pm

Airbnb expects a sequential moderation in year-over-year growth of nights and experiences booked for Q3 2024 compared to Q2 2024.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 8:26 pm

Airbnb has announced its expected Q3 revenue to be between $3.67 billion and $3.73 billion, representing a year-over-year growth of 8% to 10%. However, this is below the estimated $3.836 billion.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 8:26 pm

Airbnb (NASDAQ:ABNB) reported Q2 2024 GAAP EPS of $0.86, missing the analyst consensus estimate of $0.92 by 6.52%.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 8:20 pm

Airbnb (NASDAQ:ABNB) reported Q2 sales of $2.748 billion, surpassing the analyst consensus estimate of $2.738 billion by 0.36%. This represents a 10.63% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 8:05 pm

Airbnb, Inc. (NASDAQ:ABNB) is in focus ahead of its earnings report on Tuesday. Analysts estimate an EPS of 91 cents and revenue of $2.73 billion for the 2024 fiscal year second quarter. Airbnb has a strong track record of beating analyst estimates for both revenue and EPS. The stock traded lower on Monday due to market weakness but has since rebounded, trading 4.64% higher at $131.13 on Tuesday morning.

Portfolio Pulse from Dylan Berman

August 06, 2024 | 5:48 pm

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