At the time of writing, Airbnb Inc [ABNB] stock is trading at $131.18, up 1.89%. 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 11.41% over the last week, with a monthly amount glided 11.47%, 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.
For the past year, the stock price of Airbnb Inc fluctuated between $110.38 and $170.10. Currently, Wall Street analysts expect the stock to reach $142.93 within the next 12 months. Airbnb Inc [NASDAQ: ABNB] shares were valued at $131.18 at the most recent close of the market. An investor can expect a potential return of 8.96% based on the average ABNB price forecast.
Analyzing the ABNB fundamentals
According to Airbnb Inc [NASDAQ:ABNB], the company’s sales were 10.51B for trailing twelve months, which represents an 10.63% jump. 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 129.49 points at the first support level, and at 127.80 for the second support level. However, for the 1st resistance point, the stock is sitting at 132.41, and for the 2nd resistance point, it is at 133.64.
Ratios To Look Out For
It is important to note that Airbnb Inc [NASDAQ:ABNB] has a current ratio of 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 7.91, the price to book ratio is 10.39 and price to earnings (TTM) ratio is 17.86.
Transactions by insiders
Recent insider trading involved Chesky Brian, CEO and Chairman, that happened on Sep 17 ’24 when 0.23 million shares were sold. Chief Technology Officer, BALOGH ARISTOTLE N completed a deal on Sep 17 ’24 to sell 600.0 shares. Meanwhile, Chief Financial Officer Mertz Elinor sold 6250.0 shares on Sep 17 ’24.
