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

Benzinga's options activity scanner has identified significant trading activity in 10 consumer discretionary stocks. The stocks include Tesla (TSLA), Ford (F), Airbnb (ABNB), NIO Inc. (NIO), General Motors (GM), GameStop (GME), Sabre (SABR), Chipotle Mexican Grill (CMG), Domino's Pizza (DPZ), and Booking Holdings (BKNG). The options activity ranges from bearish to bullish and neutral sentiments.

Portfolio Pulse from Benzinga Insights

August 29, 2023 | 5:35 pm

Airbnb's stock is trading higher due to overall market strength following a decrease in Treasury yields, which was triggered by the release of new U.S. economic data.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 3:23 pm

A significant bullish stance has been taken on Airbnb (NASDAQ:ABNB) by a large investor or institution, as indicated by unusual options activity. The sentiment among these big-money traders is split between 58% bullish and 41% bearish. Whales have been targeting a price range from $100.0 to $140.0 for Airbnb over the last 3 months. The price of ABNB is up 1.11% at $126.11. Several financial institutions have maintained their ratings on Airbnb, with price targets ranging from $114 to $185.

Portfolio Pulse from Benzinga Insights

August 25, 2023 | 7:30 pm

Cody Berman, a 27-year-old who made around $700,000 last year from side hustles, shared advice for those looking to find new side gigs. His side hustles included selling online courses on how to sell items on Etsy Inc (NASDAQ:ETSY) and how to make money renting out properties on Airbnb Inc (NASDAQ:ABNB). Berman's advice includes looking at the skills one has and understanding that there's always someone willing to pay for a service.

Portfolio Pulse from Chris Katje

August 25, 2023 | 4:41 am

A significant amount of unusual options activity has been observed for Airbnb (NASDAQ:ABNB), with both bullish and bearish stances taken by investors. The majority of the trades are puts, with a total amount of $380,441, and calls amounting to $102,577. Whales have been targeting a price range from $110.0 to $142.0 for Airbnb over the last 3 months. The current price of ABNB is down -1.96% at $125.62. Analysts have mixed ratings on Airbnb, with price targets ranging from $105 to $162.

Portfolio Pulse from Benzinga Insights

August 24, 2023 | 6:02 pm

New York City's stricter short-term rental regulations have led to a decline in Airbnb listings. Meta Platforms faces scrutiny for allegedly allowing the sale of recalled items on Facebook Marketplace. Mallinckrodt is filing for bankruptcy for the second time due to business declines and lawsuits related to the U.S. opioid epidemic. Apellis Pharmaceuticals released an update on its Syfovre treatment for geographic atrophy. Netflix has seen an increase in U.S. users following a crackdown on password sharing. AT&T has entered the wireless home internet space with Internet Air. Novo Nordisk has enlisted Thermo Fisher Scientific to help with production of its weight-loss drug, Wegovy. Peloton, Analog Devices, Grab Holdings, Abercrombie & Fitch, Advance Auto Parts, Foot Locker, and Kohl's have all released their latest earnings reports.

Portfolio Pulse from Vandana Singh

August 23, 2023 | 2:46 pm

New York City's stricter short-term rental regulations have led to a significant decline in Airbnb, Inc (NYSE:ABNB) listings. The new rules, which come into effect on September 5, require hosts to register with the city and be present during guests' stays. Airbnb has blocked future bookings post this timeline. The regulations could also impact other platforms like Vrbo and Booking.com (NASDAQ:BKNG) as they could face penalties for processing payments for unregistered transactions.

Portfolio Pulse from Anusuya Lahiri

August 23, 2023 | 12:03 pm

Airbnb (NASDAQ:ABNB) has received 25 analyst ratings in the last quarter, with an average price target of $141.72, indicating an upside from the current price of $126.82. The average price target has increased by 12.06% from the previous average of $126.47.

Portfolio Pulse from Benzinga Insights

August 22, 2023 | 8:00 pm

Tigress Financial analyst Ivan Feinseth has reiterated a 'Buy' rating on Airbnb (NASDAQ:ABNB) and maintained a price target of $185.

Portfolio Pulse from richadhand@benzinga.com

August 22, 2023 | 3:35 pm

Airbnb's (NYSE:ABNB) short percent of float has fallen 9.22% since its last report, indicating a decrease in bearish sentiment. The company has 23.91 million shares sold short, which is 5.71% of all regular shares available for trading. Compared to its peers, Airbnb has less short interest as the average for its peer group is 6.95%.

Portfolio Pulse from Benzinga Insights

August 22, 2023 | 1:00 pm

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