At the time of writing, Airbnb Inc [ABNB] stock is trading at $156.66, up 0.68%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ABNB shares have lost -3.69% over the last week, with a monthly amount drifted -2.48%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Airbnb Inc [NASDAQ: ABNB] stock has seen the most recent analyst activity on April 11, 2024, when The Benchmark Company initiated its Buy rating and assigned the stock a price target of $190. Previously, Needham downgraded its rating to Hold on April 11, 2024. On April 03, 2024, B. Riley Securities initiated with a Neutral rating and assigned a price target of $150 on the stock. Needham reiterated its Buy rating and increased its price target to $160 on February 14, 2024. DA Davidson downgraded its rating to a Neutral but $145 remained the price target by the analyst firm on February 14, 2024. BMO Capital Markets started tracking with a Market Perform rating for this stock on January 09, 2024, and assigned it a price target of $134. In a note dated December 12, 2023, Barclays downgraded an Underweight rating on this stock and revised its target price from $135 to $100.
For the past year, the stock price of Airbnb Inc fluctuated between $103.55 and $170.10. Currently, Wall Street analysts expect the stock to reach $148.06 within the next 12 months. Airbnb Inc [NASDAQ: ABNB] shares were valued at $156.66 at the most recent close of the market. An investor can expect a potential drop of -5.49% based on the average ABNB price forecast.
Analyzing the ABNB fundamentals
According to Airbnb Inc [NASDAQ:ABNB], the company’s sales were 9.92B for trailing twelve months, which represents an 16.61% jump. Gross Profit Margin for this corporation currently stands at 0.8% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.21%, and Net Profit Margin reading is 0.48%. To continue investigating profitability, this company’s Return on Assets is posted at 0.23, Equity is 0.69 and Total Capital is 0.14. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.25.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 154.99 points at the first support level, and at 153.33 for the second support level. However, for the 1st resistance point, the stock is sitting at 158.63, and for the 2nd resistance point, it is at 160.61.
Ratios To Look Out For
It is important to note that Airbnb Inc [NASDAQ:ABNB] has a current ratio of 1.66. In addition, the Quick Ratio stands at 1.66 and the Cash Ratio stands at 0.69. Considering the valuation of this stock, the price to sales ratio is 10.08, the price to book ratio is 12.24 and price to earnings (TTM) ratio is 21.66.
Transactions by insiders
Recent insider trading involved BALOGH ARISTOTLE N, Chief Technology Officer, that happened on Apr 09 ’24 when 600.0 shares were sold. Chief Technology Officer, BALOGH ARISTOTLE N completed a deal on Apr 02 ’24 to sell 600.0 shares. Meanwhile, Chief Technology Officer BALOGH ARISTOTLE N sold 22170.0 shares on Mar 26 ’24.
