A share price of Airbnb Inc [ABNB] is currently trading at $135.25, up 2.90%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ABNB shares have gain 1.88% over the last week, with a monthly amount drifted -0.25%, and not seem to be holding up well over a long-time horizon.
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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.
Airbnb Inc experienced fluctuations in its stock price throughout the past year between $110.38 and $170.10. Currently, Wall Street analysts expect the stock to reach $142.18 within the next 12 months. Airbnb Inc [NASDAQ: ABNB] shares were valued at $135.25 at the most recent close of the market. An investor can expect a potential return of 5.12% based on the average ABNB price forecast.
Analyzing the ABNB fundamentals
Trailing Twelve Months sales for Airbnb Inc [NASDAQ:ABNB] were 10.84B which represents 9.86% growth. Gross Profit Margin for this corporation currently stands at 0.77% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.21%, and Net Profit Margin reading is 0.17%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.23 and Total Capital is 0.15. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.23.
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 131.85 points at the first support level, and at 128.46 for the second support level. However, for the 1st resistance point, the stock is sitting at 137.01, and for the 2nd resistance point, it is at 138.78.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Airbnb Inc [NASDAQ:ABNB] is 1.62. As well, the Quick Ratio is 1.62, while the Cash Ratio is 0.68. Considering the valuation of this stock, the price to sales ratio is 7.91, the price to book ratio is 9.99 and price to earnings (TTM) ratio is 47.50.
Transactions by insiders
Recent insider trading involved Blecharczyk Nathan, Officer, that happened on Nov 20 ’24 when 9603.0 shares were purchased. Director, Joseph Gebbia completed a deal on Nov 19 ’24 to buy 1.5 million shares. Meanwhile, Chief Strategy Officer Blecharczyk Nathan sold 0.16 million shares on Nov 07 ’24.
