Airbnb, Inc. (ABNB) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this company have returned +3.4%, compared to the Zacks S&P 500 composite's +2.5% change. During this period, the Zacks Internet - Content industry, which Airbnb, Inc. falls in, has gained 1.2%. The key question now is: What could be the stock's future direction?Altho ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Airbnb co-founder and CEO Brian Chesky unveils Airbnb's 2023 Winter Release on Nov. 7, 2023, in New York. Airbnb on Tuesday, Jan. 23, 2024, donated a total of $10 million to more than 120 nonprofits in 44 countries on six continents, as the rental giant continued its unusual distribution of $100 million through its Airbnb Commun ...

Company Performance - Airbnb, Inc. (ABNB) closed at $142.01, reflecting a +1.49% increase from the previous day, outperforming the S&P 500's gain of 0.22% [1] - Over the past month, shares of Airbnb, Inc. have decreased by 0.62%, underperforming the Computer and Technology sector's gain of 3.64% and the S&P 500's gain of 1.61% [1] - The upcoming earnings report is anticipated to show an EPS of $0.69, representing a 43.75% growth year-over-year, with revenue expected to reach $2.16 billion, indicating a 13.46% increase from the same quarter last year [1] Analyst Forecasts - Recent revisions to analyst forecasts for Airbnb, Inc. are crucial as they reflect changing business trends, with positive revisions indicating optimism about the company's outlook [2] - The Zacks Consensus EPS estimate has increased by 0.09% in the past month, and Airbnb, Inc. currently holds a Zacks Rank of 4 (Sell) [2] Valuation Metrics - Airbnb, Inc. has a Forward P/E ratio of 32.06, significantly higher than the industry average of 14.53, indicating that the company is trading at a premium [3] - The company has a PEG ratio of 2.08, compared to the Internet - Content industry's average PEG ratio of 0.98, suggesting a higher valuation relative to expected earnings growth [3] Industry Context - The Internet - Content industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 200, placing it in the bottom 21% of over 250 industries [3] - The Zacks Industry Rank indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1, highlighting the competitive landscape [4]

The S&P 500 has some of the best stocks and biggest names that are worth adding to your portfolio. 2024 has begun on an optimistic note and we could see several stocks hitting new highs this year. Many of these are mega-cap stocks – analysts love them and they have shown steady growth and revenue. With the economy improving, we could expect rate cuts soon and this will help the companies achieve stronger growth. Even the upcoming fourth-quarter earnings could give a boost to these undervalued S&P 500 stocks ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Airbnb, Inc. (ABNB) , which belongs to the Zacks Internet - Content industry.When looking at the last two reports, this company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 21.09%, on average, in the last two quarters.For the most recent quarter, Airbnb, Inc. Was expected to post earnings of $2.08 per shar ...

This article discusses three stocks worth buying when the stock market pulls back. But I need to season this subject with a grain of salt first. Investing great Peter Lynch probably said it best when he said, "Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves."Lynch observes that waiting for stocks to pull back is often counterproductive. Over the last century, stocks have increased in value far more than th ...

Klaus Vedfelt Airbnb (ABNB) is one of the most impressive companies that has gone public over the last few years. Financials have been robust, with top line sales growth of more than 3x since 2017, even when taking into account Covid, which acted as a massive headwind for the entire travel industry. TTM FCF per share has also kept pace, reaching new highs quarter after quarter like clockwork: Seeking Alpha However, despite this massive growth, the stock is mostly unchanged from its IPO price. Strengthening ...

An IPO Pro Exits Airbnb and Palantir. It Bought Robinhood and Rivian. ...

In the latest market close, Airbnb, Inc. (ABNB) reached $139.45, with a -0.22% movement compared to the previous day. The stock trailed the S&P 500, which registered a daily loss of 0.07%.Prior to today's trading, shares of the company had lost 3.29% over the past month. This has lagged the Computer and Technology sector's gain of 2.5% and the S&P 500's gain of 3.98% in that time.Investors will be eagerly watching for the performance of Airbnb, Inc. in its upcoming earnings disclosure. The company is predic ...

Keeping an eye on insider trading activity in major corporations has become an indispensable task for analysts and investors. These transactions are not just financial maneuvers; they are important indicators of executives’ confidence or apprehensions about the company’s future. For that reason, unraveling these subtleties provides valuable information, allowing stock market participants to make more insightful trading decisions.Over the preceding three months, insider selling within S&P 500 companies has b ...