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Analyst Ratings For Airbnb

Author: Benzinga Insights | April 24, 2024 08:00am

Throughout the last three months, 21 analysts have evaluated Airbnb (NASDAQ:ABNB), offering a diverse set of opinions from bullish to bearish.

The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 4 1 14 2 0
Last 30D 1 0 0 0 0
1M Ago 2 0 2 1 0
2M Ago 0 0 3 0 0
3M Ago 1 1 9 1 0

Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $153.33, a high estimate of $200.00, and a low estimate of $110.00. This current average reflects an increase of 12.23% from the previous average price target of $136.62.

price target chart

Exploring Analyst Ratings: An In-Depth Overview

An in-depth analysis of recent analyst actions unveils how financial experts perceive Airbnb. The following summary 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 Raises Buy $200.00 $150.00
Scott Devitt Wedbush Maintains Neutral $160.00 -
Daniel Kurnos Benchmark Announces Buy $190.00 -
Ivan Feinseth Tigress Financial Raises Buy $195.00 $185.00
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

Key Insights:

  • Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Airbnb. This offers insight into analysts' perspectives on the current state of the company.
  • Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect 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.

Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Airbnb's market standing. Stay informed and make data-driven decisions with our Ratings Table.

Stay up to date on Airbnb analyst ratings.

Unveiling the Story Behind 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 Analysis: With a profound presence, the company's market capitalization is above industry averages. This reflects substantial size and strong market recognition.

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 is below industry averages, indicating potential challenges in maintaining 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 lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -1.66%, the company may face hurdles in achieving optimal financial performance.

Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.28.

How Are Analyst Ratings Determined?

Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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

Posted In: ABNB

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