Airbnb, Inc., together with its subsidiaries, operates a platform for stays and experiences to guests worldwide.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$174.26|
|52 Week High||US$121.50|
|52 Week Low||US$219.94|
|1 Month Change||13.02%|
|3 Month Change||19.29%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||20.42%|
Recent News & Updates
Where Is Airbnb Stock Headed By End Of 2021? The Stock Looks Fairly Valued For Now
Airbnb is a prominent recovery play in the travel and hotel industry. However, its valuations are not cheap. The company has pivoted its business model well to focus on remote cities and long-term rentals. This has helped to sustain its recovery faster than its peers. While the COVID-19 situation remains fluid, Airbnb looks to be riding the recovery wave well. Despite that, the stock fails our margin of safety required for a high-growth play. Therefore, we encourage some caution due to its valuation.
Airbnb's (NASDAQ:ABNB) Optimistic Path to Profitability Relies on a Generous Growth Rate
After an initial IPO success, in a very challenging year, Airbnb, Inc.'s (NASDAQ: ABNB) stock had uneventful several months. The stock had dipped toward the lows between the insider selling and persistent virus variants on more than one occasion. Yet, it persevered, rebounding on an Earnings beat in August, and it continues to climb, even in the face of the latest negative rating.
The Outlook For Airbnb In The Post-Pandemic Era
The virus-induced recession made life very difficult for Airbnb in 2020. The booking trends seen in the second quarter, in our opinion, reveal what the future holds for the company. Airbnb is certainly moving in the right direction in managing short-term finances.
|ABNB||US Hospitality||US Market|
Return vs Industry: Insufficient data to determine how ABNB performed against the US Hospitality industry.
Return vs Market: Insufficient data to determine how ABNB performed against the US Market.
Stable Share Price: ABNB is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: ABNB's weekly volatility (6%) has been stable over the past year.
About the Company
Airbnb, Inc., together with its subsidiaries, operates a platform for stays and experiences to guests worldwide. The company’s marketplace model connects hosts and guests online or through mobile devices to book spaces and experiences. It primarily offers private rooms and luxury villas.
Airbnb Fundamentals Summary
|ABNB fundamental statistics|
Is ABNB overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ABNB income statement (TTM)|
|Cost of Revenue||US$986.01m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-7.92|
|Net Profit Margin||-110.97%|
How did ABNB perform over the long term?See historical performance and comparison
Is Airbnb undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: ABNB ($174.26) is trading above our estimate of fair value ($116.58)
Significantly Below Fair Value: ABNB is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ABNB is unprofitable, so we can't compare its PE Ratio to the US Hospitality industry average.
PE vs Market: ABNB is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ABNB's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ABNB is overvalued based on its PB Ratio (31.8x) compared to the US Hospitality industry average (3.6x).
How is Airbnb forecast to perform in the next 1 to 3 years based on estimates from 35 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ABNB is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: ABNB is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: ABNB's is expected to become profitable in the next 3 years.
Revenue vs Market: ABNB's revenue (20.3% per year) is forecast to grow faster than the US market (9.8% per year).
High Growth Revenue: ABNB's revenue (20.3% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ABNB's Return on Equity is forecast to be very high in 3 years time (45.3%).
How has Airbnb performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ABNB is currently unprofitable.
Growing Profit Margin: ABNB is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ABNB is unprofitable, and losses have increased over the past 5 years at a rate of 65.7% per year.
Accelerating Growth: Unable to compare ABNB's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ABNB is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (80.8%).
Return on Equity
High ROE: ABNB has a negative Return on Equity (-144.67%), as it is currently unprofitable.
How is Airbnb's financial position?
Financial Position Analysis
Short Term Liabilities: ABNB's short term assets ($14.1B) exceed its short term liabilities ($9.5B).
Long Term Liabilities: ABNB's short term assets ($14.1B) exceed its long term liabilities ($2.6B).
Debt to Equity History and Analysis
Debt Level: ABNB's debt to equity ratio (58.4%) is considered high.
Reducing Debt: Insufficient data to determine if ABNB's debt to equity ratio has reduced over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable ABNB has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ABNB is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 6.8% per year.
What is Airbnb current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ABNB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ABNB's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ABNB's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ABNB's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ABNB's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Brian Chesky (39 yo)
Mr. Brian Chesky Co-Founded Airbnb, Inc. in 2008 and serves as its Chief Executive Officer, Head of Community and Chairman of the Board. Mr. Chesky ran an industrial design shop. Mr. Chesky is a Director o...
CEO Compensation Analysis
Compensation vs Market: Brian's total compensation ($USD120.10M) is above average for companies of similar size in the US market ($USD11.29M).
Compensation vs Earnings: Brian's compensation has increased whilst the company is unprofitable.
Experienced Management: ABNB's management team is considered experienced (4.5 years average tenure).
Experienced Board: ABNB's board of directors are considered experienced (3.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ABNB insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: ABNB only recently listed within the past 12 months.
Airbnb, Inc.'s employee growth, exchange listings and data sources
- Name: Airbnb, Inc.
- Ticker: ABNB
- Exchange: NasdaqGS
- Founded: 2007
- Industry: Hotels, Resorts and Cruise Lines
- Sector: Consumer Services
- Market Cap: US$107.944b
- Shares outstanding: 619.44m
- Website: https://www.airbnb.com
Number of Employees
- Airbnb, Inc.
- 888 Brannan Street
- San Francisco
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/27 23:05|
|End of Day Share Price||2021/09/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.