Airbnb ABNB has been analyzed by 26 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 4 | 4 | 12 | 5 | 1 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 1 | 0 | 2 | 1 | 0 |
| 2M Ago | 3 | 3 | 10 | 3 | 1 |
| 3M Ago | 0 | 0 | 0 | 1 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $129.62, a high estimate of $190.00, and a low estimate of $90.00. Experiencing a 13.91% decline, the current average is now lower than the previous average price target of $150.56.
Exploring Analyst Ratings: An In-Depth Overview
The standing of Airbnb among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| James Lee | Mizuho | Lowers | Outperform | $170.00 | $175.00 |
| Deepak Mathivanan | Cantor Fitzgerald | Announces | Underweight | $94.00 | - |
| John Colantuoni | Jefferies | Lowers | Hold | $120.00 | $125.00 |
| Patrick Scholes | Truist Securities | Lowers | Hold | $124.00 | $134.00 |
| Daniel Kurnos | Benchmark | Maintains | Buy | $155.00 | $155.00 |
| Tom White | DA Davidson | Lowers | Neutral | $125.00 | $145.00 |
| Eric Sheridan | Goldman Sachs | Lowers | Sell | $111.00 | $130.00 |
| Kevin Kopelman | TD Cowen | Lowers | Buy | $125.00 | $170.00 |
| Daniel Kurnos | Benchmark | Lowers | Buy | $155.00 | $190.00 |
| Doug Anmuth | JP Morgan | Lowers | Neutral | $121.00 | $145.00 |
| Lee Horowitz | Deutsche Bank | Lowers | Hold | $90.00 | $143.00 |
| Justin Post | B of A Securities | Lowers | Neutral | $132.00 | $160.00 |
| Naved Khan | B. Riley Securities | Lowers | Neutral | $140.00 | $150.00 |
| Mario Lu | Barclays | Lowers | Underweight | $100.00 | $110.00 |
| Stephen Ju | UBS | Lowers | Neutral | $134.00 | $160.00 |
| Colin Sebastian | Baird | Lowers | Neutral | $120.00 | $140.00 |
| Brad Erickson | RBC Capital | Lowers | Sector Perform | $120.00 | $150.00 |
| Scott Devitt | Wedbush | Lowers | Outperform | $135.00 | $165.00 |
| Brian Pitz | BMO Capital | Lowers | Market Perform | $130.00 | $151.00 |
| Ken Gawrelski | Wells Fargo | Lowers | Underweight | $100.00 | $129.00 |
| Thomas Champion | Piper Sandler | Lowers | Neutral | $125.00 | $155.00 |
| Shyam Patil | Susquehanna | Lowers | Positive | $130.00 | $180.00 |
| Scott Devitt | Wedbush | Maintains | Outperform | $165.00 | $165.00 |
| Brian Nowak | Morgan Stanley | Raises | Underweight | $130.00 | $120.00 |
| Daniel Kurnos | Benchmark | Maintains | Buy | $190.00 | $190.00 |
| Ken Gawrelski | Wells Fargo | Raises | Underweight | $129.00 | $127.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Airbnb. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Airbnb compared to the broader market.
- Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Airbnb's stock. This examination reveals shifts in analysts' expectations over time.
Capture valuable insights into Airbnb's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
Stay up to date on Airbnb analyst ratings.
About Airbnb
Started in 2008, Airbnb is the world's largest online alternative accommodation travel agency, also offering booking services for boutique hotels and experiences. Airbnb's platform offered over 8 million active accommodation listings as of June 30, 2024. Listings from the company's over 5 million hosts are spread over almost every country in the world. In 2023, 50% of revenue was from the North American region. Transaction fees for online bookings account for all its revenue.
Breaking Down Airbnb's Financial Performance
Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.
Revenue Growth: Over the 3 months period, Airbnb showcased positive performance, achieving a revenue growth rate of 10.63% as of 30 June, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Consumer Discretionary sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 20.2%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of 6.98%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): Airbnb's ROA excels beyond industry benchmarks, reaching 2.18%. This signifies efficient management of assets and strong financial health.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.28.
Analyst Ratings: Simplified
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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