Airbnb Inc (NASDAQ:ABNB) has a beta value of 1.17 and has seen 0.94 million shares traded in the recent trading session. The company, currently valued at $86.50B, closed the recent trade at $136.78 per share which meant it gained $3.51 on the day or 2.63% during that session. The ABNB stock price is -24.36% off its 52-week high price of $170.10 and 19.3% above the 52-week low of $110.38. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.94 million shares traded. The 3-month trading volume is 4.68 million shares.
The consensus among analysts is that Airbnb Inc (ABNB) is Buy stock at the moment, with a recommendation rating of 2.89. 3 analysts rate the stock as a Sell, while 0 rate it as Overweight. 11 out of 29 have rated it as a Hold, with 15 advising it as a Buy. 0 have rated the stock as Underweight.
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
Airbnb Inc (NASDAQ:ABNB) trade information
Sporting 2.63% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the ABNB stock price touched $136.78 or saw a rise of 0.45%. Year-to-date, Airbnb Inc shares have moved 0.47%, while the 5-day performance has seen it change 0.95%. Over the past 30 days, the shares of Airbnb Inc (NASDAQ:ABNB) have changed 12.00%. Short interest in the company has seen 13.8 million shares shorted with days to cover at 3.17.
Wall Street analysts have a consensus price target for the stock at $148, which means that the shares’ value could jump 7.58% from the levels at last check today. The projected low price target is $50.0 while the price target rests at a high of $220.0. In that case, then, we find that the latest price level in today’s session is -60.84% off the targeted high while a plunge would see the stock lose 63.44% from the levels at last check today.
Airbnb Inc (ABNB) estimates and forecasts
Figures show that Airbnb Inc shares have underperformed across the wider relevant industry. The company’s shares have lost -13.63% over the past 6 months, with this year growth rate of -42.13%, compared to 8.20% for the industry.
Earnings growth for 2024 is a modest -43.07% while over the next 5 years, the company’s earnings are expected to increase by 15.95%.
ABNB Dividends
Airbnb Inc is expected to release its next earnings report on 2024-Oct-30 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Airbnb Inc (NASDAQ:ABNB)’s Major holders
Insiders own 1.01% of the company shares, while shares held by institutions stand at 77.41% with a share float percentage of 78.20%. Investors are also buoyed by the number of investors in a company, with Airbnb Inc having a total of 1632.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 36.51 million shares worth more than $5.54 billion. As of 2024-06-30, VANGUARD GROUP INC held 5.7232% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 28.22 million shares as of 2024-06-30. The firm’s total holdings are worth over $4.28 billion and represent 4.4226% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Growth Fund Of America Inc. As of Jun 30, 2024, the former fund manager holds about 2.85% shares in the company for having 12.56 shares of worth $1.71 billion while later fund manager owns 11.73 shares of worth $1.6 billion as of Jun 30, 2024, which makes it owner of about 2.67% of company’s outstanding stock.
