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 reported Q3 earnings of $6.63 per share, beating the analyst consensus estimate of $2.10 by 215.71%. This is a 270.39% increase from the same period last year. The company also reported quarterly sales of $3.40 billion, beating the analyst consensus estimate of $3.37 billion by 0.81%. This is a 17.79% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 8:05 pm

Benzinga's options activity scanner has detected significant options activity in the Consumer Discretionary sector. Notable stocks include Tesla (TSLA), Lucid Group (LCID), Caesars Entertainment (CZR), Tempur Sealy International (TPX), Airbnb (ABNB), Yum China Holdings (YUMC), Starbucks (SBUX), Chewy (CHWY), Carvana (CVNA), and DoorDash (DASH). The activity includes both bullish and bearish sentiments, with varying expiration dates and strike prices.

Portfolio Pulse from Benzinga Insights

November 01, 2023 | 5:35 pm

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.

Portfolio Pulse from Surbhi Jain

November 01, 2023 | 2:55 pm

A significant investor has taken a bearish stance on Airbnb (NASDAQ:ABNB), with 63% of the investors opening trades with bearish expectations. The majority of the trades are puts, with a total amount of $1,792,964. Whales have been targeting a price range from $45.0 to $145.0 for Airbnb over the last 3 months. The price of ABNB is up 0.15% at $117.13, and RSI indicators suggest that the stock may be approaching oversold. Airbnb's next earnings are expected to be released in 1 day.

Portfolio Pulse from Benzinga Insights

October 31, 2023 | 4:45 pm

Mizuho analyst James Lee has maintained a Neutral rating on Airbnb (NASDAQ:ABNB) and lowered the price target from $150 to $130.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 4:04 pm

Shares of companies in the broader consumer discretionary sector are trading higher amid an overall market rebound following last week's decline.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 7:55 pm

Insiders at McCormick & Company, CME Group, Moderna, and Airbnb have recently sold shares. McCormick reported downbeat Q3 sales results, while CME Group reported better-than-expected earnings for the same period. Moderna disclosed a strategic partnership with CEPI, and Airbnb received a Neutral rating from Seaport Global.

Portfolio Pulse from Lisa Levin

October 30, 2023 | 12:00 pm

The stock market experienced volatility due to fears of a wider Middle East conflict and a cautious Q4 earnings outlook. The US economy exceeded expectations with a Q3 growth rate of 4.9%, driven by strong consumer spending. Bitcoin rallied as ETF approval nears. Major US companies beat Q3 earnings estimates but warned of a Q4 slowdown. Amazon emerged as the top performer among tech titans, while Alphabet had a tough week due to disappointing cloud business performance. The SPDR S&P 500 ETF Trust, Invesco QQQ Trust, and Dow Jones Industrial Average ETF fell, while the iShares 20+ Year Treasury Bond ETF rose. Chinese-based stocks PDD Holdings and JD.com were the top performers within the Nasdaq 100.

Portfolio Pulse from Piero Cingari

October 27, 2023 | 8:34 pm

The article reports on the options activity of 10 consumer discretionary stocks, including Tesla (TSLA), Ford (F), Vroom (VRM), DraftKings (DKNG), Toll Brothers (TOL), Foot Locker (FL), Booking Holdings (BKNG), Helen of Troy (HELE), Airbnb (ABNB), and Caesars Entertainment (CZR). The options activity is tracked by Benzinga's options activity scanner, which monitors the transactions of entities with large sums of money, also known as 'whales'. The article provides detailed information on the type of options activity (put/call), trade type, sentiment, expiration date, strike price, total trade price, open interest, and volume for each of the mentioned stocks.

Portfolio Pulse from Benzinga Insights

October 26, 2023 | 5:35 pm

Microsoft's Q1 results showed a 13% YoY revenue growth to $50.12 billion, with net income rising 27% YoY to $22.29 billion. Azure cloud revenue grew 28%, ending a two-year deceleration streak. The company also reported 1 million paid Copilot users and an increase in Teams users. Microsoft recently completed its $68.7 billion acquisition of Activision Blizzard, which is expected to boost Xbox sales and contribute to AI development.

Portfolio Pulse from Upwallstreet

October 25, 2023 | 6:14 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.