S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
Laser breakthrough could send stock soaring 2,467% (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
Laser breakthrough could send stock soaring 2,467% (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
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US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
Laser breakthrough could send stock soaring 2,467% (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
Laser breakthrough could send stock soaring 2,467% (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
Laser breakthrough could send stock soaring 2,467% (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
Laser breakthrough could send stock soaring 2,467% (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
Laser breakthrough could send stock soaring 2,467% (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
Laser breakthrough could send stock soaring 2,467% (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
Why 2023 Could Kick Off a "Cash Frenzy" in Stocks (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought

Airbnb (ABNB) Stock Forecast, Price & News

$133.68
-2.29 (-1.68%)
(As of 08/11/2023 08:47 PM ET)
Compare
Today's Range
$131.70
$134.26
50-Day Range
$115.50
$153.33
52-Week Range
$81.91
$154.95
Volume
4.41 million shs
Average Volume
6.16 million shs
Market Capitalization
$86.53 billion
P/E Ratio
38.97
Dividend Yield
N/A
Price Target
$143.81

Airbnb MarketRank™ Forecast

Analyst Rating
Hold
2.38 Rating Score
Upside/​Downside
7.6% Upside
$143.81 Price Target
Short Interest
Healthy
3.69% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.48mentions of Airbnb in the last 14 days
Based on 50 Articles This Week
Insider Trading
Selling Shares
$298.37 M Sold Last Quarter
Proj. Earnings Growth
18.03%
From $3.66 to $4.32 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.69 out of 5 stars

Computer And Technology Sector

100th out of 607 stocks

Services To Dwellings & Other Buildings Industry

1st out of 5 stocks


ABNB stock logo

About Airbnb (NASDAQ:ABNB) Stock

Airbnb, Inc. is a global, web-based marketplace for short-term rentals and house-sharing arrangements. The company was founded in 2008 as AirBedandBreakfast.com after roommates Brian Chesky, and Joe Gebbia came up with the idea they could turn their apartment into a bed and breakfast if they had a website. The two brought on Nathan Blecharczyk as Chief Technology Officer, and by August of that same year, the company was up and running.

At first, the platform was solely for the trio's own use and they had their first customers soon after launching. The next year the trio was offered the chance to join the Y Combinator business incubator for the cost of a 6% ownership in the company. That deal got them $20,000 in capital they used to go to New York to promote and garner new investors. They came back to California with a plan to expand the business including the shift toward brokering deals rather than providing a room. At the end of 2009, the company had served more than 10,000 users and had more than 2,500 listings.

The next few years saw the company expand rapidly with the help of investors like Sequoia Capital and Google (now Alphabet). The company also retooled its website and appearance and launched a new logo. The logo is called Bélo and is meant to represent inclusiveness and belonging. During this time, the company also began its international expansion, opening offices first in London and then later in Singapore.

Airbnb owes much of its growth to acquisitions. The company has made more than a dozen major acquisitions over its short lifespan. Acquisitions include both expansions of territory as well as the depth of offerings and include CrashPadder in 2012 and HotelTonight in 2021. The company went public in 2020 to much fanfare, raising more than $3.5 billion in its first day of trading. That gave the company a valuation greater than $100 billion making it one of the largest IPOs in the travel industry ever recorded.

Today, Airbnb operates through a network of subsidiaries as a technology-based travel and leisure company. It operates a web-based platform that enables property owners to offer rental time to consumers globally. The platform works across devices and enables users to book complete travel packages or individual travel services. The company’s revenue was just short of $6 billion in 2021 due to the incredible boost from COVID-19 and social distancing. The event was a game-changer for this rapidly growing company and helped to cement it as the leader in its industry.

As of the end of the year 2021, the company had more than 4 million listings with more than double that number of beds. This puts it first worldwide and larger than the top 4 hotel brands combined. Revenue in 2022 topped $8.25 billion, a growth of 37.5% in only 2 years, and the company was only reaching a small fraction of its $3.4 trillion addressable market.

ABNB Price History

ABNB Stock News Headlines

Lawsuits filed by Airbnb and 3 hosts over NYC's short-term rental rules dismissed by judge
A New York judge has dismissed lawsuits filed by Airbnb and three hosts over New York City’s rules for short-term rentals, saying the restrictions are “entirely rational.”
Airbnb Is The Single Best Travel Stock For Investors, Here's Why (ABNB)
Airbnb has become the favorite child of the travel services industry, and it is no wonder after investors digest the achievements portrayed during earnigns
Free Stock Analysis Report:Buy Sell Hold Predictions on Any Stock
Get a full report that tells you what a stock is really worth, how safe the stock is, and if the timing is right to buy the stock. Plus a definitive Buy, Sell, Hold recommendation.
Airbnb profit jumps to $650 million in 2Q, as bookings increase and rental rates hold steady
Airbnb says its second-quarter profit rose more than 70% from a year ago to $650 million thanks to strong bookings for summer-vacation rentals
Where Will Airbnb Stock Be in 5 Years?
Laser breakthrough could send stock soaring 2,467%
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Airbnb's Secret Cash Machine
RBC Capital Reaffirms Their Hold Rating on Airbnb (ABNB)
Wedbush Raises Airbnb (NASDAQ:ABNB) Price Target to $145.00
2 Excellent Tech Stocks to Buy For the Long Haul
See More Headlines
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ABNB Company Calendar

Last Earnings
8/03/2023
Today
8/13/2023
Next Earnings (Estimated)
11/07/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Services to dwellings & other buildings
Sub-Industry
Hotels Resorts & Cruise Lines
Current Symbol
NASDAQ:ABNB
Fax
N/A
Employees
6,811
Year Founded
2008

Price Target and Rating

Average Stock Price Forecast
$143.81
High Stock Price Forecast
$185.00
Low Stock Price Forecast
$100.00
Forecasted Upside/Downside
+7.6%
Consensus Rating
Hold
Rating Score (0-4)
2.38
Research Coverage
34 Analysts

Profitability

Net Income
$1.89 billion
Pretax Margin
26.63%

Debt

Sales & Book Value

Annual Sales
$8.40 billion
Cash Flow
$3.08 per share
Book Value
$7.82 per share

Miscellaneous

Free Float
447,662,000
Market Cap
$86.53 billion
Optionable
Not Optionable
Beta
1.26

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Key Executives

  • Mr. Brian  CheskyMr. Brian Chesky (Age 41)
    Co-Founder, CEO, Head of Community & Chairman
    Comp: $311.23k
  • Mr. Nathan  BlecharczykMr. Nathan Blecharczyk (Age 39)
    Co-Founder, Chief Strategy Officer & Director
    Comp: $883.05k
  • Mr. David E. StephensonMr. David E. Stephenson (Age 55)
    CFO & Head of Employee Experience
    Comp: $1.04M
  • Dr. Aristotle N. BaloghDr. Aristotle N. Balogh (Age 59)
    Chief Technology Officer
    Comp: $1.05M
  • Ms. Catherine  PowellMs. Catherine Powell (Age 55)
    Global Head of Hosting
    Comp: $1.05M
  • Mr. Joseph  GebbiaMr. Joseph Gebbia (Age 41)
    Co-Founder, Chairman of Airbnb.org. and Director
  • Ms. Tara Lynn Bunch
    Global Head of Operations
  • Mr. Richard N. Baer (Age 66)
    Chief Legal Officer
  • Mr. Jay Carney
    Global Head of Policy & Communications
  • Mr. Hiroki Asai
    Global Head of Marketing













ABNB Stock - Frequently Asked Questions

Should I buy or sell Airbnb stock right now?

34 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Airbnb in the last year. There are currently 4 sell ratings, 13 hold ratings and 17 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" ABNB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ABNB, but not buy additional shares or sell existing shares.
View ABNB analyst ratings
or view top-rated stocks.

What is Airbnb's stock price forecast for 2023?

34 analysts have issued 12 month price objectives for Airbnb's shares. Their ABNB share price forecasts range from $100.00 to $185.00. On average, they anticipate the company's share price to reach $143.81 in the next twelve months. This suggests a possible upside of 7.6% from the stock's current price.
View analysts price targets for ABNB
or view top-rated stocks among Wall Street analysts.

How have ABNB shares performed in 2023?

Airbnb's stock was trading at $85.50 on January 1st, 2023. Since then, ABNB stock has increased by 56.4% and is now trading at $133.68.
View the best growth stocks for 2023 here
.

When is Airbnb's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023.
View our ABNB earnings forecast
.

How were Airbnb's earnings last quarter?

Airbnb, Inc. (NASDAQ:ABNB) issued its earnings results on Thursday, August, 3rd. The company reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.77 by $0.21. The firm had revenue of $2.48 billion for the quarter, compared to analyst estimates of $2.42 billion. Airbnb had a trailing twelve-month return on equity of 42.90% and a net margin of 25.31%. The business's revenue was up 18.1% compared to the same quarter last year. During the same period last year, the firm earned $0.56 earnings per share.

What guidance has Airbnb issued on next quarter's earnings?

Airbnb updated its third quarter 2023 earnings guidance on Thursday, August, 3rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $3.30 billion-$3.40 billion, compared to the consensus revenue estimate of $3.22 billion.

When did Airbnb IPO?

(ABNB) raised $2.4 billion in an initial public offering on Thursday, December 10th 2020. The company issued 51,900,000 shares at a price of $44.00-$50.00 per share. Morgan Stanley and Goldman Sachs served as the underwriters for the IPO and Allen & Co., BofA Securities, Barclays, Citigroup, BNP Paribas, Mizuho Securities, Credit Suisse, Deutsche Bank Securities, Jefferies and Wells Fargo Securities were co-managers.

What is Airbnb's stock symbol?

Airbnb trades on the NASDAQ under the ticker symbol "ABNB."

Who are Airbnb's major shareholders?

Airbnb's stock is owned by a variety of retail and institutional investors. Top institutional investors include Capital Research Global Investors (2.57%), Jennison Associates LLC (1.41%), Renaissance Technologies LLC (0.83%), Geode Capital Management LLC (0.74%), Artisan Partners Limited Partnership (0.69%) and Northern Trust Corp (0.48%). Insiders that own company stock include Alfred Lin, Ann Mather, Aristotle N Balogh, Aristotle N Balogh, Belinda J Johnson, Belinda J Johnson, Brian Chesky, Catherine C Powell, Dave Stephenson, David C Bernstein, David C Bernstein, Gary L Collar, Jeffrey D Jordan, Jeffrey D Jordan, Joseph Gebbia, Joseph Gebbia, Nathan Blecharczyk and Wes Cummins.
View institutional ownership trends
.

How do I buy shares of Airbnb?

Shares of ABNB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Airbnb's stock price today?

One share of ABNB stock can currently be purchased for approximately $133.68.

How much money does Airbnb make?

Airbnb (NASDAQ:ABNB) has a market capitalization of $86.53 billion and generates $8.40 billion in revenue each year. The company earns $1.89 billion in net income (profit) each year or $3.43 on an earnings per share basis.

How many employees does Airbnb have?

The company employs 6,811 workers across the globe.

Does Airbnb have any subsidiaries?
The following companies are subsidiares of Airbnb: Accoleo, Accomable, AdBasis, Airbnb International Holdings Limited, Airbnb Payments Holding LLC, ChangeCoin, Crashpadder, DailyBooth, Deco Software, Deco Software, Fondu, Gaest, HotelTonight, Lapka, LocalMind, Luckey Homes, Luxury Retreats, NabeWise, PencilLabs, Tilt, Trip4real, Trooly, Urbandoor, and Vamo.
Read More
How can I contact Airbnb?

The official website for the company is www.airbnb.com. The company can be reached via phone at 415-510-4027 or via email at ir@airbnb.com.

This page (NASDAQ:ABNB) was last updated on 8/14/2023 by MarketBeat.com Staff

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