In recent trading session, Airbnb Inc (NASDAQ:ABNB) saw 9.68 million shares changing hands at last check today with its beta currently measuring 1.17. Company’s recent per share price level of $136.39 trading at -$10.98 or -7.45% at last check today assigns it a market valuation of $87.51B. That most recent trading price of ABNB’s stock is at a discount of -24.72% from its 52-week high price of $170.10 and is indicating a premium of 19.07% from its 52-week low price of $110.38. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 4.48 million shares which gives us an average trading volume of 4.06 million if we extend that period to 3-months.
For Airbnb Inc (ABNB), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.89. Splitting up the data highlights that, out of 29 analysts covering the stock, 3 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 11 suggested the stock as a Hold whereas 15 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.71 in the current quarter.
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Airbnb Inc (NASDAQ:ABNB) trade information
Upright in the red during last session for losing -7.45%, in the last five days ABNB remained trading in the red while hitting it’s week-highest on Thursday, 11/07/24 when the stock touched $136.39 price level, adding 8.24% to its value on the day. Airbnb Inc’s shares saw a change of 0.18% in year-to-date performance and have moved -0.05% in past 5-day. Airbnb Inc (NASDAQ:ABNB) showed a performance of 2.69% in past 30-days. Number of shares sold short was 13.77 million shares which calculate 3.47 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 142 to the stock, which implies a rise of 3.95% to its recent value today. Analysts have been projecting 50 as a low price target for the stock while placing it at a high target of 220. It follows that stock’s current price would jump 63.34% in reaching the projected high whereas dropping to the targeted low would mean a gain of 63.34% for stock’s current value.
Airbnb Inc (ABNB) estimates and forecasts
Statistics highlight that Airbnb Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -6.79% of value to its shares in past 6 months, showing an annual growth rate of -42.40% while that of industry is 10.80. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 19.80% from the last financial year’s standing.
34 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 2.42B for the same. And 18 analysts are in estimates of company making revenue of 2.34B in the next quarter. Company posted 2.06B and 2.14B of sales in current and next quarters respectively a year earlier.
In 2024, company’s earnings growth rate is likely to be around -43.85% while estimates for its earnings growth in next 5 years are of 12.30%.
Airbnb Inc (NASDAQ:ABNB)’s Major holders
Insiders are in possession of 1.00% of company’s total shares while institution are holding 77.34 percent of that, with stock having share float percentage of 78.13%. Investors also watch the number of corporate investors in a company very closely, which is 77.34% institutions for Airbnb Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at ABNB for having 36.51 million shares of worth $5.54 billion. And as of 2024-06-30, it was holding 5.7232 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 28.22 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.4226 of outstanding shares, having a total worth of $4.28 billion.
