Stock of Airbnb Inc (ABNB) performance and profitability takes another direction

Airbnb Inc [ABNB] stock prices are down -1.17% to $135.59 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ABNB shares have gain 1.74% over the last week, with a monthly amount glided 5.08%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Previously, Cantor Fitzgerald started tracking the stock with Underweight rating on September 05, 2024, and set its price target to $94. On September 04, 2024, downgrade downgraded it’s rating to Hold. Wedbush upgraded its rating to a Outperform and increased its price target to $165 on May 28, 2024. HSBC Securities downgraded its rating to a Hold and reduced its price target to $156 on May 09, 2024. Mizuho upgraded its rating to Buy for this stock on April 24, 2024, and upped its price target to $200. In a note dated April 11, 2024, The Benchmark Company initiated an Buy rating and provided a target price of $190 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 $141.39 within the next 12 months. Airbnb Inc [NASDAQ: ABNB] shares were valued at $135.59 at the most recent close of the market. An investor can expect a potential return of 4.28% 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.28.

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 135.16 points at the first support level, and at 134.74 for the second support level. However, for the 1st resistance point, the stock is sitting at 136.18, and for the 2nd resistance point, it is at 136.78.

Ratios To Look Out For

It’s worth pointing out that Airbnb Inc [NASDAQ:ABNB]’s Current Ratio is 1.41. Also, the Quick Ratio is 1.41, while the Cash Ratio stands at 0.5. Considering the valuation of this stock, the price to sales ratio is 8.16, the price to book ratio is 10.74 and price to earnings (TTM) ratio is 18.46.

Transactions by insiders

Recent insider trading involved BALOGH ARISTOTLE N, Officer, that happened on Oct 22 ’24 when 600.0 shares were purchased. Chief Technology Officer, BALOGH ARISTOTLE N completed a deal on Oct 15 ’24 to sell 600.0 shares. Meanwhile, CEO and Chairman Chesky Brian sold 38460.0 shares on Oct 14 ’24.

Related Posts