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

A significant bullish stance on Airbnb (NASDAQ:ABNB) has been observed through unusual options activity. A total of 40 options trades were spotted, with a split sentiment of 50% bullish and 50% bearish. The majority of these options are puts, with a total amount of $2,711,456, and one call, for a total amount of $27,730. The targeted price range for Airbnb over the last 3 months is from $105.0 to $145.0.

Portfolio Pulse from Benzinga Insights

October 20, 2023 | 2:16 pm

Insiders at Airbnb, Chewy, JFrog, and Squarespace have recently sold significant amounts of shares. Airbnb's Chief Accounting Officer sold 3,402 shares, Chewy's Interim CFO and CAO sold 11,423 shares, JFrog's CEO sold 45,860 shares, and Squarespace's CEO sold 40,973 shares. These sales come amidst various company updates, including analyst downgrades and new appointments.

Portfolio Pulse from Lisa Levin

October 20, 2023 | 12:07 pm

Benzinga's options activity scanner has detected unusual trading activity in 10 consumer discretionary stocks. The stocks include Tesla (TSLA), Rivian (RIVN), Lucid Group (LCID), McDonald's (MCD), DraftKings (DKNG), Starbucks (SBUX), Li Auto (LI), Mohawk Industries (MHK), Airbnb (ABNB), and Fisker (FSR). The activity includes both put and call options with varying sentiments, expiration dates, and strike prices.

Portfolio Pulse from Benzinga Insights

October 19, 2023 | 5:35 pm

A whale investor has taken a bullish stance on Airbnb (NASDAQ:ABNB), with 60% of investors opening trades with bullish expectations and 40% with bearish. The whale activity indicates a target price range from $112.0 to $160.0 for Airbnb over the last 3 months. Currently, ABNB's price is down -2.07% at $123.11, with RSI indicators suggesting the stock may be approaching oversold. The next earnings are expected in 13 days.

Portfolio Pulse from Benzinga Insights

October 18, 2023 | 1:46 pm

Benzinga's options activity scanner has identified significant options activity in the Consumer Discretionary sector. Notable transactions include bullish put options for TSLA and WYNN, bearish put options for VFS, CVNA, and SONO, and bearish call options for DKNG, LULU, and ABNB. Neutral sentiment was observed for MCD, while LVS showed bullish call options.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 5:35 pm

Airbnb's (NYSE:ABNB) short percent of float has risen 30.21% since its last report, with 25.64 million shares sold short, which is 6.12% of all regular shares available for trading. It would take traders 1.66 days to cover their short positions on average. The company's short interest is less than its peer group average of 6.47%.

Portfolio Pulse from Benzinga Insights

October 16, 2023 | 3:45 pm

The Israel-Hamas conflict could impact global oil prices, depending on Iran's involvement. Iran, a backer of Hamas, controls the Strait of Hormuz, through which 20-30% of global oil inventory passes. Increased sanctions on Iran could raise oil prices, affecting US inflation. Rising oil prices could benefit US-based oil extraction companies like Exxon Mobil, Chevron, and Shell, and ETFs like the United States Oil Fund LP, the iShares U.S. Oil & Gas Exploration & Production ETF, and the ProShares Ultra Bloomberg Crude Oil. However, a spike in inflation could negatively impact tech companies like Apple, Amazon, and Meta, and consumer discretionary companies like Tesla, General Motors, Ford, and Volkswagen.

Portfolio Pulse from Natan Ponieman

October 12, 2023 | 9:46 pm

Shares of several hotel, restaurant and leisure stocks are trading lower due to overall market weakness and a rise in Treasury yields following CPI data.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 7:39 pm

Benzinga's options activity scanner has identified significant options activity in the Consumer Discretionary sector. Notable trades include bearish put options for TSLA, PHM, W, F, DKNG, and MCD, and bullish call options for WYNN and DBI. Interestingly, ABNB and ULTA have bullish put options.

Portfolio Pulse from Benzinga Insights

October 12, 2023 | 5:37 pm

Despite high mortgage rates, real estate investor Sam Primm continues to buy houses using the BRRRR strategy (buy, rehab, rent, refinance, repeat). He increases a property's value through renovations, refinances it under a traditional mortgage, and rents it out, effectively having someone else pay for it. Primm adjusts his strategy as the housing market changes to remain cash flow positive. He also suggests using Airbnb Inc (NASDAQ:ABNB) for short-term rentals if long-term tenancy isn't profitable enough.

Portfolio Pulse from Adam Eckert

October 11, 2023 | 10:42 pm

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