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

The article highlights significant options activity in the Consumer Discretionary sector, focusing on large trades by 'whales' in stocks like AMZN, TSLA, BABA, IRBT, PDD, DASH, ABNB, RCL, LULU, and LI. These trades indicate varying market sentiments, from bullish to bearish, and could signal potential trading opportunities.

Portfolio Pulse from Benzinga Insights

September 02, 2024 | 5:35 pm

In August, the S&P 500 Index saw a recovery, gaining 2.28% by the end of the month. Notable gainers included cybersecurity firms CrowdStrike and Fortinet, while Super Micro Computer and Intel were among the top losers. The SPDR S&P 500 ETF Trust (SPY) also saw a slight increase.

Portfolio Pulse from Shanthi Rexaline

August 31, 2024 | 7:55 pm

Airbnb's short interest has increased by 20.16%, with 13.29 million shares sold short, representing 3.04% of its float. This is lower than the peer group average of 7.12%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.

Portfolio Pulse from Benzinga Insights

August 30, 2024 | 3:15 pm

In the past three months, 22 analysts have provided ratings for Airbnb (NASDAQ:ABNB), showing a range of opinions from bullish to bearish. The average 12-month price target has decreased by 13.42% to $130.5. Analysts have frequently lowered their price targets, indicating a negative shift in sentiment. Despite this, Airbnb shows strong revenue growth and profitability, though its return on equity is below industry averages.

Portfolio Pulse from Benzinga Insights

August 26, 2024 | 5:00 pm

Benchmark analyst Daniel Kurnos has reiterated a Buy rating on Airbnb (NASDAQ:ABNB) and maintained a price target of $155.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 1:47 pm

Wealthy investors are showing interest in Airbnb (NASDAQ:ABNB) with a mix of bullish and bearish options trades. A total of 17 unusual options trades were spotted, with a significant amount of money involved. The trades suggest a targeted price range of $110 to $180 for ABNB. The stock is currently trading at $117.07, up by 1.4%.

Portfolio Pulse from Benzinga Insights

August 23, 2024 | 6:16 pm

The article highlights unusual options activity for 10 consumer discretionary stocks, providing insights into potential trading opportunities. It details the type of options, sentiment, expiration dates, and trade volumes for each stock.

Portfolio Pulse from Benzinga Insights

August 22, 2024 | 5:35 pm

Chick-fil-A is planning to launch a streaming platform featuring family-friendly content, including a game show from Glassman Media. The platform could launch later this year, with Brian Gibson leading programming strategy. The move is surprising given Chick-fil-A's traditional focus on fast food and its Sunday closure policy.

Portfolio Pulse from Chris Katje

August 22, 2024 | 3:33 pm

The article highlights significant options activity for several consumer discretionary stocks, indicating potential trading opportunities. Notable movements include bearish sentiment for TSLA, MGM, CMG, FIVE, and ABNB, while BABA and M show bullish sentiment. Neutral sentiment is observed for WYNN and AMZN, with SBUX showing bullish sentiment despite a put option sweep.

Portfolio Pulse from Benzinga Insights

August 20, 2024 | 5:35 pm

Renaissance Technologies, led by Jim Simons, disclosed its latest stock holdings, revealing significant changes. Novo Nordisk remains the top holding despite a reduction in shares. Palantir and Meta saw decreases, while Nvidia and Tesla holdings increased. Broadcom is a new addition.

Portfolio Pulse from Kaustubh Bagalkote

August 20, 2024 | 2:25 am

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