In the last trading session, 2.55 million shares of the Airbnb Inc (NASDAQ:ABNB) were traded, and its beta was 1.17. Most recently the company’s share price was $134.58, and it changed around $1.83 or 1.38% from the last close, which brings the market valuation of the company to $85.11B. ABNB currently trades at a discount to its 52-week high of $170.10, offering almost -26.39% off that amount. The share price’s 52-week low was $110.38, which indicates that the current value has risen by an impressive 17.98% since then. We note from Airbnb Inc’s average daily trading volume that its 10-day average is 2.97 million shares, with the 3-month average coming to 4.61 million.

Airbnb Inc stock received a consensus recommendation rating of Underweight, based on a mean score of 2.89. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended ABNB as a Hold, whereas 0 deemed it a Buy, and 1 rated it as Underweight. Airbnb Inc is expected to report earnings per share of 2.14 for the current quarter.

Airbnb Inc (NASDAQ:ABNB) trade information

Instantly ABNB has showed a green trend with a performance of 1.38% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 137.99 on recent trading dayincreased the stock’s daily price by 2.47%. The company’s shares are currently down -1.15% year-to-date, but still down -1.37% over the last five days. On the other hand, Airbnb Inc (NASDAQ:ABNB) is 4.12% up in the 30-day period. We can see from the shorts that 13.77 million shares have been sold at a short interest cover period of 3.47 day(s).

The consensus price target as assigned by Wall Street analysts is $142, which translates to bulls needing to increase their stock price by 5.23% from its current value. Analyst projections state that ABNB is forecast to be at a low of $50 and a high of $220.

Airbnb Inc (ABNB) estimates and forecasts

Airbnb Inc share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -18.05 percent over the past six months and at a -42.40% annual growth rate that is well below the industry average of 12.10%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will loss -67.70% in revenue this quarter, and will report a decrease of -1.40% in the next quarter. The year-over-year growth rate is expected to be 19.80%, up from the previous year.

Consensus estimates provided by 34 financial analysts predict the company will bring in an average of 3.72B in revenue for the current quarter. 34 analysts expect Airbnb Inc to make 2.42B in revenue for the current ending quarter. Forecasts for the next quarter put sales growth at 17.70%.

Airbnb Inc earnings are expected to increase by -43.23% in 2024, but the outlook is positive 12.30% per year for the next five years.

ABNB Dividends

Airbnb Inc’s next quarterly earnings report is expected to be released in November.

Airbnb Inc (NASDAQ:ABNB)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 1.01% of Airbnb Inc shares, and 77.10% of them are in the hands of institutional investors. The stock currently has a share float of 77.89%. Airbnb Inc stock is held by 1616.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 5.7232% of the shares, which is about 36.51 million shares worth $5.54 billion.

BLACKROCK INC., with 4.4226% or 28.22 million shares worth $4.28 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.