Airbnb Inc [ABNB] stock prices are down -1.07% to $115.12 at the moment. 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 gain 0.12% over the last week, with a monthly amount glided 0.03%, and 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 September 05, 2024, when Cantor Fitzgerald initiated its Underweight rating and assigned the stock a price target of $94. Previously, Argus downgraded its rating to Hold on September 04, 2024. On May 28, 2024, upgrade upgraded it’s rating to Outperform and revised its price target to $165 on the stock. HSBC Securities downgraded its rating to a Hold and decreased its price target to $156 on May 09, 2024. Mizuho upgraded its rating to a Buy and raised its price target to $200 on April 24, 2024. The Benchmark Company started tracking with a Buy rating for this stock on April 11, 2024, and assigned it a price target of $190. In a note dated April 11, 2024, Needham downgraded an Hold rating on this stock.
The stock price of Airbnb Inc [ABNB] has been fluctuating between $110.38 and $170.10 over the past year. Currently, Wall Street analysts expect the stock to reach $143.4 within the next 12 months. Airbnb Inc [NASDAQ: ABNB] shares were valued at $115.12 at the most recent close of the market. An investor can expect a potential return of 24.57% based on the average ABNB price forecast.
Analyzing the ABNB fundamentals
The Airbnb Inc [NASDAQ:ABNB] reported sales of 10.51B for trailing twelve months, representing a surge of 10.63%. Gross Profit Margin for this corporation currently stands at 0.77% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.22%, and Net Profit Margin reading is 0.46%. To continue investigating profitability, this company’s Return on Assets is posted at 0.18, Equity is 0.58 and Total Capital is 0.15. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.28.
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 112.85 points at the first support level, and at 110.58 for the second support level. However, for the 1st resistance point, the stock is sitting at 117.40, and for the 2nd resistance point, it is at 119.68.
Ratios To Look Out For
It’s worth pointing out that Airbnb Inc [NASDAQ:ABNB]’s Current Ratio is 1.41. In addition, the Quick Ratio stands at 1.41 and the Cash Ratio stands at 0.5. Considering the valuation of this stock, the price to sales ratio is 6.94, the price to book ratio is 9.12 and price to earnings (TTM) ratio is 15.68.
Transactions by insiders
Recent insider trading involved BALOGH ARISTOTLE N, Officer, that happened on Sep 10 ’24 when 600.0 shares were purchased. Chief Financial Officer, Mertz Elinor completed a deal on Sep 03 ’24 to sell 7578.0 shares. Meanwhile, Chief Financial Officer Mertz Elinor sold 2922.0 shares on Sep 04 ’24.
