Airbnb, Inc. (ABNB) Stock Dips While Market Gains: Key Facts

Company Performance - Airbnb, Inc. ended the recent trading session at $135.20, showing a -0.38% change from the previous day's closing price, which lagged behind the S&P 500's 0.55% gain [1] - The company is expected to report an EPS of $0.59, down 22.37% from the prior-year quarter, while revenue is anticipated to be $2.43 billion, indicating a 9.34% increase from the same quarter last year [2] Analyst Estimates - Recent changes in analyst estimates for Airbnb, Inc. are crucial as they reflect the evolving business trends, with positive changes indicating a favorable outlook on the company's health and profitability [3] - The Zacks Consensus EPS estimate has decreased by 1.8% over the past month, and Airbnb, Inc. currently holds a Zacks Rank of 3 (Hold) [5] Valuation Metrics - Airbnb, Inc. has a Forward P/E ratio of 30.69, which is a premium compared to its industry's Forward P/E of 18.22, and a PEG ratio of 1.71, while the Leisure and Recreation Services industry has an average PEG ratio of 0.92 [6] Industry Overview - The Leisure and Recreation Services industry, part of the Consumer Discretionary sector, has a Zacks Industry Rank of 40, placing it in the top 16% of over 250 industries, indicating strong performance potential [7]