In the latest trading session,, 1.49 million Airbnb Inc (NASDAQ:ABNB) shares changed hands as the company’s beta touched 1.17. With the company’s most recent per share price at $132.61 changed hands at -$3.99 or -2.92% at last look, the market valuation stands at $83.07B. ABNB’s current price is a discount, trading about -23.62% off its 52-week high of $163.93. The share price had its 52-week low at $99.88, which suggests the last value was 24.68% up since then. When we look at Airbnb Inc’s average trading volume, we note the 10-day average is 5.09 million shares, with the 3-month average coming to 5.80 million.
Analysts gave the Airbnb Inc (ABNB) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.74. If we narrow down to specifics, the data shows that 3 out of 29 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 11 recommended ABNB as a Hold, 15 felt it is a Buy and 0 rated the stock as Underweight. Airbnb Inc’s EPS for the current quarter is expected to be 0.93.
Airbnb Inc (NASDAQ:ABNB) trade information
Instantly ABNB was in red as seen in intraday trades today. With action -3.94%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 0.91%, with the 5-day performance at -3.94% in the red. However, in the 30-day time frame, Airbnb Inc (NASDAQ:ABNB) is 18.82% up. Looking at the short shares, we see there were 14.94 million shares sold at short interest cover period of 2.39 days.
The consensus price target for the stock as assigned by Wall Street analysts is 143, meaning bulls need an upside of 7.27% from its recent market value. According to analyst projections, ABNB’s forecast low is 101 with 180 as the target high. To hit the forecast high, the stock’s price needs a -35.74% plunge from its current level, while the stock would need to tank 23.84% for it to hit the projected low.
Airbnb Inc (ABNB) estimates and forecasts
Year-over-year growth is forecast to reach 8.38% up from the last financial year.
Consensus estimates given by 33 financial analysts project the company’s revenue in the current quarter to hit an average of 3.02B. 31 analysts are of the opinion that Airbnb Inc’s revenue for the current quarter will be 4.03B. The company’s revenue for the corresponding quarters a year ago was 2.75B and 3.73B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 10.00%. The estimates for the next quarter sales put growth at 8.03%.
The 2025 estimates are for Airbnb Inc earnings to increase by 1.48%, but the outlook for the next 5-year period is at 11.34% per year.
ABNB Dividends
Airbnb Inc is expected to release its next quarterly earnings report on 2025-Apr-30.
Airbnb Inc (NASDAQ:ABNB)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 1.89% of Airbnb Inc shares while 81.58% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 83.14%. There are 81.58% institutions holding the Airbnb Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 5.7503% of the shares, roughly 36.51 million ABNB shares worth $5.54 billion.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 4.4435% or 28.22 million shares worth $4.28 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund . With 12.41 shares estimated at $1.65 billion under it, the former controlled 2.88% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard 500 Index Fund held about 2.72% of the shares, roughly 11.72 shares worth around $1.56 billion.
