20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
Providing a diverse range of perspectives from bullish to bearish, 11 analysts have published ratings on Airbnb (NASDAQ:ABNB) in the last three months.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 1 | 7 | 2 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 1 | 0 |
| 2M Ago | 0 | 0 | 2 | 0 | 0 |
| 3M Ago | 1 | 1 | 4 | 1 | 0 |
Analysts have set 12-month price targets for Airbnb, revealing an average target of $130.09, a high estimate of $160.00, and a low estimate of $100.00. A decline of 9.38% from the prior average price target is evident in the current average.
Investigating Analyst Ratings: An Elaborate Study
In examining recent analyst actions, we gain insights into 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 |
|---|---|---|---|---|---|
| Brian Pitz | BMO Capital | Announces | Market Perform | $134.00 | - |
| Mario Lu | Barclays | Lowers | Underweight | $100.00 | $135.00 |
| John Colantuoni | Jefferies | Lowers | Hold | $140.00 | $155.00 |
| Mark Mahaney | Evercore ISI Group | Announces | In-Line | $136.00 | - |
| Shyam Patil | Susquehanna | Lowers | Positive | $160.00 | $165.00 |
| Doug Anmuth | JP Morgan | Lowers | Neutral | $118.00 | $130.00 |
| Thomas Champion | Piper Sandler | Lowers | Neutral | $123.00 | $142.00 |
| Brian Nowak | Morgan Stanley | Lowers | Underweight | $105.00 | $110.00 |
| Scott Devitt | Wedbush | Lowers | Neutral | $135.00 | $145.00 |
| Bernie McTernan | Needham | Lowers | Buy | $150.00 | $160.00 |
| James Lee | Mizuho | Lowers | Neutral | $130.00 | $150.00 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response 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 navigate through adjustments in price targets, providing estimates for Airbnb's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
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.
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 over 7 million active accommodation listings as of Sept. 30, 2023. Listings from the company's over 4 million hosts are spread over almost every country in the world. In the fourth quarter of 2022, 47% of revenue was from the North American region. Transaction fees for online bookings account for all its revenue.
Airbnb's Economic Impact: An Analysis
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
Revenue Growth: Airbnb's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2023, the company achieved a revenue growth rate of approximately 17.79%. This indicates a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Consumer Discretionary sector.
Net Margin: Airbnb's net margin excels beyond industry benchmarks, reaching 128.76%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Airbnb's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 61.68% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Airbnb's ROA stands out, surpassing industry averages. With an impressive ROA of 20.52%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: Airbnb's debt-to-equity ratio is below the industry average at 0.25, reflecting a lower dependency on debt financing and a more conservative financial approach.
What Are Analyst Ratings?
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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