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

134.20

Mkt cap

84B

Volume

4.7M

High

134.53

P/E Ratio

46.01

52-wk high

170.10

Low

131.32

Div yield

N/A

52-wk low

110.38

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

The article highlights significant options activity for several consumer discretionary stocks, indicating potential trading opportunities. Notable bearish sentiment is observed for AMZN, SBUX, GM, CMG, NCLH, APTV, CVNA, and DKS, while bullish sentiment is noted for ABNB and GRPN.

Portfolio Pulse from Benzinga Insights

August 05, 2024 | 5:35 pm

Shares of hotel, restaurant, and leisure companies are trading lower amid overall market weakness on US economic concerns.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 3:03 pm

Shares of companies within the broader consumer discretionary sector are trading lower amid overall market weakness following weak US data.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 6:28 pm

The options market shows a bearish sentiment towards Airbnb (NASDAQ:ABNB), with 70% of recent trades being puts. Analysts have mixed ratings, with price targets ranging from $129 to $190. The stock is currently down 4.01% at $133.96, and RSI indicators suggest it may be oversold.

Portfolio Pulse from Benzinga Insights

August 01, 2024 | 6:32 pm

14 analysts have provided varied opinions on Airbnb (NASDAQ:ABNB) over the past quarter, with ratings ranging from bullish to bearish. The average 12-month price target is $154.43, with a high of $190.00 and a low of $129.00. Recent analyst actions include rating adjustments and price target changes, reflecting dynamic market conditions and company performance.

Portfolio Pulse from Benzinga Insights

July 31, 2024 | 5:00 pm

Wedbush analyst Scott Devitt has reiterated an Outperform rating on Airbnb (NASDAQ:ABNB) and maintained a price target of $165.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 4:41 pm

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