Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

Critical Insights From Airbnb Analyst Ratings: What You Need To Know

Author: Benzinga Insights | April 03, 2024 09:00am

20 analysts have shared their evaluations of Airbnb (NASDAQ:ABNB) during the recent three months, expressing a mix of bullish and bearish perspectives.

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 2 1 15 2 0
Last 30D 0 0 1 0 0
1M Ago 0 0 3 1 0
2M Ago 1 1 8 0 0
3M Ago 1 0 3 1 0

Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $145.45, with a high estimate of $180.00 and a low estimate of $110.00. This current average reflects an increase of 10.13% from the previous average price target of $132.07.

price target chart

Breaking Down Analyst Ratings: A Detailed Examination

The standing of Airbnb among financial experts is revealed through an in-depth exploration 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
Naved Khan B. Riley Securities Announces Neutral $150.00 -
Ken Gawrelski Wells Fargo Raises Underweight $127.00 $107.00
Tom White DA Davidson Maintains Neutral $145.00 -
Justin Post B of A Securities Raises Neutral $168.00 $155.00
Patrick Scholes Truist Securities Raises Hold $131.00 $118.00
Stephen Ju UBS Lowers Neutral $143.00 $148.00
Doug Anmuth JP Morgan Raises Neutral $140.00 $118.00
Thomas Champion Piper Sandler Raises Neutral $145.00 $136.00
Brian Pitz BMO Capital Raises Market Perform $135.00 $134.00
Bernie McTernan Needham Raises Buy $160.00 $150.00
Brad Erickson RBC Capital Raises Sector Perform $150.00 $140.00
Shyam Patil Susquehanna Raises Positive $180.00 $160.00
Tom White DA Davidson Announces Neutral $145.00 -
Stephen Ju UBS Raises Neutral $148.00 $125.00
Lloyd Walmsley UBS Raises Neutral $148.00 $125.00
Scott Devitt Wedbush Raises Neutral $150.00 $135.00
Mario Lu Barclays Raises Underweight $110.00 $100.00
Bernie McTernan Needham Maintains Buy $150.00 -
James Lee Mizuho Raises Neutral $150.00 $130.00
Brian Pitz BMO Capital Announces Market Perform $134.00 -

Key Insights:

  • Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Airbnb. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Airbnb compared to the broader market.
  • Price Targets: Analysts predict movements in price targets, offering estimates for Airbnb's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Airbnb's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.

Stay up to date on Airbnb analyst ratings.

All You Need to Know 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 7.7 million active accommodation listings as of Dec. 31, 2023. 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.

Airbnb's Financial Performance

Market Capitalization: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.

Revenue Growth: Airbnb displayed positive results in 3 months. As of 31 December, 2023, the company achieved a solid revenue growth rate of approximately 16.61%. This indicates a notable increase in the company's top-line earnings. When compared to others in the Consumer Discretionary sector, the company excelled with a growth rate higher than the average among peers.

Net Margin: Airbnb's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of -15.73%, the company may face hurdles in effective cost management.

Return on Equity (ROE): Airbnb's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of -4.04%, the company may encounter challenges in delivering satisfactory returns for shareholders.

Return on Assets (ROA): Airbnb's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of -1.66%, the company may face hurdles in achieving optimal financial returns.

Debt Management: Airbnb's debt-to-equity ratio is below the industry average. With a ratio of 0.28, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.

The Significance of Analyst Ratings Explained

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: ABNB

CLASS ACTION DEADLINES - JOIN NOW!

NEW CASE INVESTIGATION

CORE Finalist