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's short interest has increased by 8.25%, with 14.31 million shares sold short, representing 3.28% of its float. This is lower than the peer group average of 7.03%. The rise in short interest suggests a bearish sentiment, but it doesn't guarantee a price drop.

Portfolio Pulse from Benzinga Insights

September 30, 2024 | 5:15 pm

Hotel company shares are declining, potentially in sympathy with Carnival's disappointing Q3 results and Q4 guidance.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 5:07 pm

Cantor Fitzgerald analyst Deepak Mathivanan has reiterated an Underweight rating on Airbnb (NASDAQ:ABNB) and maintained a price target of $94.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 3:46 pm

The article highlights unusual options activity for 10 consumer discretionary stocks, indicating potential trading opportunities. Notable mentions include bullish sentiment for TSLA, BABA, NIO, YUMC, and ABNB, while AMZN, PDD, GME, and TCOM show bearish sentiment.

Portfolio Pulse from Benzinga Insights

September 27, 2024 | 5:35 pm

Investors are showing a bearish sentiment towards Airbnb (NASDAQ:ABNB) in the options market, with 53% of trades being bearish. Significant options trades include 13 puts and 2 calls, indicating a potential price window of $110 to $160. The stock is currently trading at $130.02, down by 0.88%.

Portfolio Pulse from Benzinga Insights

September 23, 2024 | 5:01 pm

Cantor Fitzgerald analyst Deepak Mathivanan has reiterated an Underweight rating on Airbnb (NASDAQ:ABNB) and maintained a price target of $94.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 1:57 pm

Travel and hotel-related stocks are experiencing a rise in share prices following the Federal Reserve's decision to cut interest rates. The rate cut is expected to stimulate economic growth and increase consumer spending, benefiting companies in the travel and hospitality sectors.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 4:59 pm

The S&P 500 and Dow Jones reached record highs following the Federal Reserve's unexpected 50-basis-point interest rate cut. The 'Magnificent Seven' tech giants, including Microsoft, Apple, and NVIDIA, led the market rally. Strong labor market data further boosted investor confidence, with analysts now anticipating more rate cuts.

Portfolio Pulse from Piero Cingari

September 19, 2024 | 2:33 pm

The S&P 500, tracked by SPDR S&P 500 ETF Trust (SPY), hit record highs ahead of the Fed's interest rate decision, marking a 7-day winning streak. The Invesco QQQ Trust (QQQ) and SPDR Dow Jones Industrial Average ETF (DIA) closed flat, while iShares Russell 2000 ETF (IWM) rose 0.8%. Market expectations for the Fed's rate cut are mixed, with a 65% chance of a 50-basis-point cut. Enphase Energy, Hewlett Packard Enterprise, and Moderna were among the top gainers.

Portfolio Pulse from Piero Cingari

September 17, 2024 | 8:37 pm

Several US-listed stocks saw significant gains on Tuesday. Compass Minerals rose 24.5% after announcing better-than-expected preliminary Q3 revenue. Talkspace gained 20.9% following a partnership with Amazon Health Services. Gannett rose 14.5% after a Citigroup upgrade. Gevo surged 14% after securing a US patent. Other notable gainers include Ginkgo Bioworks, Designer Brands, and Hewlett Packard Enterprise.

Portfolio Pulse from Avi Kapoor

September 17, 2024 | 2:22 pm

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