Airbnb Stock Buy or Sell? ABNB Stocks Forecast

Market Capitalization: 73 814 991 000 $
EBITDA: 1 946 900 000 $
Price to Earnings: 42.36
Quarterly Earnings Growth YOY: 4.542
Quarterly Revenue Growth YOY: 0.241
Trailing PE: 42.36
Forward PE: 30.67
Shares Outstanding: 408928000

Airbnb Stock Buy or Sell? ABNB Stocks Analytic Forecasts

March 31, 2023 (23:49)

Airbnb, Inc. (ABNB) Sector: Communication services

We present you the most up-to-date and complete review of analytical trend forecasts and views on the ABNB stock market. Experts share their opinions on what to expect from the Airbnb, Inc. stock market. How likely is the stock price to move in a bullish or bearish trend. Which should help you to make the right decision whether to Buy or Sell Airbnb stocks.

Airbnb, Inc. Stock Market Experts’ Analysis and Forecasting – Sell or Buy ABNB Shares?

The most recent analytical view which can help you to answer the worrying question: Should I Buy Stocks Now or Wait? came out under the authorship of Tech Stock Pros and is titled

“Airbnb: Go To The Hotel”

is published on March 24 (2023) and has 4 likes. The review predicts Bearish market trend.

It summarize the following theses:

  • We continue to be sell-rated on Airbnb.
  • We expect Airbnb’s revenue to be pressured as post-pandemic demand tailwinds are replaced by inflationary pressures and a looming recession, causing weaker consumer spending.
  • We continue to expect the stock to have more downside ahead with impending multiples compression.
  • In the longer run, we’re bullish on Airbnb but expect to see more downside from current levels and recommend investors wait for a better entry point at a reasonable valuation.

The author starts his analytic review with the following:

We remain sell-rated on Airbnb (NASDAQ:ABNB). We’re guarded on Airbnb’s revenue growth in the first half of 2023 due to the weaker spending environment caused by persisting inflationary pressures. Our bearish sentiment is also based on our belief that the stock is due for further multiple compression. We see the stock pulling back from current levels as fewer consumers prioritize spending in the current macroeconomic backdrop. The stock’s valuation has compressed since our last note in mid-October, but we still believe the stock is overvalued at current levels. The following graph outlines our rating history on Airbnb.

The opinion of the author can be considered quite authoritative.
The number of 6399 followers confirms this.
Tech Stock Pros is the contributor of experts community
since 2020 and has 239 works published.

One more noteworthy article is written by Bradley Guichard under the title

“Airbnb: Here Is The Price I Will Finally Buy Shares”

on March 19 (2023) and has 9 likes. The expert reflects Bullish trend of the market.

Нis theses make you think about whether to add ABNB stocks to your investment portfolio or not, and helps to work out your own Airbnb stock selling strategies:

  • Until recently, I was not a fan of Airbnb stock.
  • Company leadership has done a tremendous job eliminating my objections one by one.
  • Let’s look at the progress, the remaining risks, and the price I will buy aggressively.

Bradley Guichard starts analysis with such words:

Another captivating week is in the books in 2023. The market and economy continue to deliver compelling stories. Last week saw the collapse of SVB Financial Group (SIVB), and now First Republic Bank (FRC) and Credit Suisse (CS) are precarious – and just in time for the Federal Reserve to throw in its two cents.

The opinion of the author can be considered quite authoritative.
The number of 6668 followers confirms this.
Bradley Guichard is the contributor of experts community since 2021. Has already published at least 150 articles.

Another analysis presented by Action Biased came out on March 2 (2023). Obviously, coupled with the newer reviews, this forecasting could be useful to find out the best trading strategy for ABNB stocks. It sounds like

“Despite Being A Discretionary Stock, Airbnb Is Still A Buy”

Article has got 3 likes at the moment and forecasting Bullish trend of the market.

Summarizing the information presented in the review concerning the Airbnb, Inc., the expert says the following:

  • Airbnb’s results indicate strong demand for traveling, as the company increased its revenues 40% to $8.4bn and net income to $1.9bn in 2022.
  • Management’s expectations have also been upbeat for Q1, contrary to some other retail stocks. Should the travel demand continue as expected, ABNB is poised to generate strong free cash flow.
  • ABNB delivered 24% returns since our last article compared to 6% for S&P 500. We remain bullish on the stock and slightly raise our target price to $135.

And here, what comes first:

ABNB as a Discretionary Stock Airbnb, Inc. (NASDAQ:ABNB) was definitely one of the companies to benefit from the end of the COVID-19 pandemic and the resumption of travel. However, the past couple of years were also haunted by the fear of recession, which is negative for discretionary stocks like ABNB. The stocks in this sector provide non-essential goods and services, such as retail, leisure, and entertainment. These companies offer products and services that consumers may choose to purchase with their discretionary income, as opposed to essential goods and services such as food and healthcare. Therefore, the consumers are prone to reduce their spending on services of the companies such as Airbnb in recession times. That’s why we didn’t include any companies from the sector in our 9 Dividend Stocks article in the first year of pandemic and had a sell rating, followed by a hold for ABNB.

Action Biased has already 1624 followers, which shows, he is the one who cares for his words.
The contributor of experts community since 2016. Has already 43 analytic reviews published.

The Share Price of Airbnb, Inc. (ABNB) for now

What analysts predict: $138.16
52-week high/low: $179.09 / $81.91

50/200 Day Moving Average: $117.14 / $107.79

The average stock price over the previous 50/200 days. For Airbnb stocks, the 50-day moving average is the resistance level for now. For ABNB stocks, the 200-day moving average is the resistance level today.

See the Detailed Predictions for ABNB stock with charts and tables

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