The high estimate for the stock price is $275.00, while the low estimate is $150.00.Īirbnb’s revenue has consistently grown over the past few years, with an estimated revenue of $4.7 billion in 2020. Wall Street Analysts Remain Bullish on Airbnb’s Future ProspectsĪccording to Wall Street analysts, Airbnb has a consensus rating of “Buy” with a target price of $223.50, indicating a potential upside of 22.5% from its current market price of $182.40. In conclusion, despite fluctuations in Airbnb’s stock value, its strong financial performance and the post-pandemic recovery in the travel and leisure sector have contributed to its success in the stock market. According to various research firms, such as Morgan Stanley and Mizuho, Airbnb’s shares have received positive ratings and price objectives, indicating confidence in the company’s future growth potential. The current ABNB price target is $140.52.Īlthough Airbnb’s stock has decreased by 41% from its high as of March 9, 2023, some analysts still consider it a good investment opportunity due to its strong financial performance. This financial success was primarily attributed to the post-pandemic recovery in the travel and leisure sector, which continued through the holiday season.Īs of March 3, 2023, Mark Asset Management LP has boosted its shares of Airbnb, which has a market capitalization of $80.18 billion, a price-to-earnings ratio of 43.71, a P/E/G ratio of 1.92 and a beta of 1.15. The company reported a GAAP EPS profit beat by $0.21 and 24% YoY revenue growth to $319 million, marking its first profitable year with $1.9 billion in net income. posted an impressive year-end result for 2022. Wall Street analysts have reported that Airbnb Inc. Airbnb Reports Strong Financial Performance in 2022, Despite Stock Fluctuations Investors should also consider industry trends and business cycles before making informed investment decisions.
While the P/E ratio is valuable, it should not be used in isolation.
Airbnb’s P/E ratio of 42.95 is higher than the aggregate P/E ratio of 39.22 in the Hotels, Restaurants & Leisure industry, indicating possible outperformance and potential overvaluation. A lower P/E can indicate an undervalued stock but also suggest limited future growth. The P/E ratio evaluates a company’s market performance compared to market data, historical earnings, and the industry.
Given this short-term success and long-term uncertainty, long-term shareholders are urged to consider the company’s price-to-earnings (P/E) ratio. Over the past year, the stock has decreased by 13.97%. Airbnb Inc.’s (NASDAQ: ABNB) share price dropped by 0.58% to $119.15, despite a 9.44% spike in the past month.
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