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ABNB

AirbnbNasdaqGS:ABNB Stock Report

Market Cap

US$107.9b

7D

7.8%

1Y

n/a

Updated

27 Sep, 2021

Data

Company Financials +
ABNB fundamental analysis
Snowflake Score
Valuation0/6
Future Growth6/6
Past Performance0/6
Financial Health4/6
Dividends0/6

ABNB Overview

Airbnb, Inc., together with its subsidiaries, operates a platform for stays and experiences to guests worldwide.

Airbnb Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Airbnb
Historical stock prices
Current Share PriceUS$174.26
52 Week HighUS$121.50
52 Week LowUS$219.94
Beta0
1 Month Change13.02%
3 Month Change19.29%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO20.42%

Recent News & Updates

Sep 14

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.

Sep 14
Airbnb's (NASDAQ:ABNB) Optimistic Path to Profitability Relies on a Generous Growth Rate

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.

Sep 05

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.

Shareholder Returns

ABNBUS HospitalityUS Market
7D7.8%6.2%2.0%
1Yn/a36.1%32.8%

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.

Price Volatility

Is ABNB's price volatile compared to industry and market?
ABNB volatility
ABNB Beta0
Industry Beta1.73
Market Beta1

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

FoundedEmployeesCEOWebsite
20075,400Brian Cheskyhttps://www.airbnb.com

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

How do Airbnb's earnings and revenue compare to its market cap?
ABNB fundamental statistics
Market CapUS$107.94b
Earnings (TTM)-US$4.91b
Revenue (TTM)US$4.42b

24.4x

P/S Ratio

-22.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ABNB income statement (TTM)
RevenueUS$4.42b
Cost of RevenueUS$986.01m
Gross ProfitUS$3.44b
ExpensesUS$8.35b
Earnings-US$4.91b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-7.92
Gross Margin77.71%
Net Profit Margin-110.97%
Debt/Equity Ratio58.4%

How did ABNB perform over the long term?

See historical performance and comparison

Valuation

Is Airbnb undervalued compared to its fair value and its price relative to the market?

31.81x

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).


Future Growth

How is Airbnb forecast to perform in the next 1 to 3 years based on estimates from 35 analysts?

44.5%

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%).


Past Performance

How has Airbnb performed over the past 5 years?

-65.7%

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.


Financial Health

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.


Balance Sheet


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.


Dividend

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.5yrs

Average management tenure


CEO

Brian Chesky (39 yo)

no data

Tenure

US$120,099,075

Compensation

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.


Leadership Team

Experienced Management: ABNB's management team is considered experienced (4.5 years average tenure).


Board Members

Experienced Board: ABNB's board of directors are considered experienced (3.1 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: ABNB only recently listed within the past 12 months.


Top Shareholders

Company Information

Airbnb, Inc.'s employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • Airbnb, Inc.
  • 888 Brannan Street
  • San Francisco
  • California
  • 94103
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/27 23:05
End of Day Share Price2021/09/27 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.