For Airbnb Inc. [ABNB], Analyst sees a rise to $144. What next?

Airbnb Inc. [NASDAQ: ABNB] gained 4.47% or 5.29 points to close at $123.69 with a heavy trading volume of 5244005 shares. The company report on February 27, 2023 that Airbnb to Participate in the Morgan Stanley Technology, Media & Telecom Conference.

Airbnb, Inc. (NASDAQ: ABNB) announced today that Chief Executive Officer, Brian Chesky, will speak at the Morgan Stanley Technology, Media & Telecom Conference on Monday, March 6, 2023 beginning at 2:40pm PT / 5:40pm ET. A live webcast of the session will be available to the public at https://cc.webcasts.com/morg007/030623a_js/?entity=93_BVGR8K3. A replay will be made available on the Investor Relations website at https://investors.airbnb.com.

About AirbnbAirbnb was born in 2007 when two Hosts welcomed three guests to their San Francisco home, and has since grown to over 4 million Hosts who have welcomed 1.4 billion guest arrivals in almost every country across the globe. Every day, Hosts offer unique stays and experiences that make it possible for guests to connect with communities in a more authentic way.

It opened the trading session at $120.00, the shares rose to $124.43 and dropped to $119.85, the range by which the price of stock traded the whole day. The daily chart for ABNB points out that the company has recorded 4.13% gains over the past six months. However, it is still -51.01% lower than its most recent low trading price.

If we look at the average trading volume of 6.24M shares, ABNB reached to a volume of 5244005 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Airbnb Inc. [ABNB]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ABNB shares is $138.16 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ABNB stock is a recommendation set at 2.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Argus have made an estimate for Airbnb Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on February 28, 2023. While these analysts kept the previous recommendation, Wells Fargo raised their target price from $130 to $165. The new note on the price target was released on February 15, 2023, representing the official price target for Airbnb Inc. stock. Previously, the target price had yet another raise from $114 to $130, while UBS kept a Neutral rating on ABNB stock. On February 15, 2023, analysts increased their price target for ABNB shares from 135 to 155.

The Average True Range (ATR) for Airbnb Inc. is set at 4.88, with the Price to Sales ratio for ABNB stock in the period of the last 12 months amounting to 9.44. The Price to Book ratio for the last quarter was 14.14, with the Price to Cash per share for the same quarter was set at 15.01. Price to Free Cash Flow for ABNB in the course of the last twelve months was 23.29 with Quick ratio for the last quarter at 1.90.

Trading performance analysis for ABNB stock

Airbnb Inc. [ABNB] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 6.30. With this latest performance, ABNB shares dropped by -6.01% in over the last four-week period, additionally plugging by 4.13% over the last 6 months – not to mention a drop of -25.93% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ABNB stock in for the last two-week period is set at 55.79, with the RSI for the last a single of trading hit 57.64, and the three-weeks RSI is set at 55.79 for Airbnb Inc. [ABNB]. The present Moving Average for the last 50 days of trading for this stock 115.42, while it was recorded at 118.76 for the last single week of trading, and 107.83 for the last 200 days.

Airbnb Inc. [ABNB]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Airbnb Inc. [ABNB] shares currently have an operating margin of +22.37 and a Gross Margin at +69.76. Airbnb Inc.’s Net Margin is presently recorded at +22.54.

Return on Total Capital for ABNB is now 24.90, given the latest momentum, and Return on Invested Capital for the company is 25.29. Return on Equity for this stock inclined to 36.63, with Return on Assets sitting at 12.73. When it comes to the capital structure of this company, Airbnb Inc. [ABNB] has a Total Debt to Total Equity ratio set at 42.10. Additionally, ABNB Total Debt to Total Capital is recorded at 29.63, with Total Debt to Total Assets ending up at 14.60. Long-Term Debt to Equity for the company is recorded at 41.04, with the Long-Term Debt to Total Capital now at 28.88.

Reflecting on the efficiency of the workforce at the company, Airbnb Inc. [ABNB] managed to generate an average of $277,933 per employee. Receivables Turnover for the company is 49.04 with a Total Asset Turnover recorded at a value of 0.56.Airbnb Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.90 and a Current Ratio set at 1.90.

An analysis of insider ownership at Airbnb Inc. [ABNB]

There are presently around $32,467 million, or 64.30% of ABNB stock, in the hands of institutional investors. The top three institutional holders of ABNB stocks are: VANGUARD GROUP INC with ownership of 22,566,540, which is approximately 1.375% of the company’s market cap and around 3.20% of the total institutional ownership; FMR LLC, holding 22,454,549 shares of the stock with an approximate value of $2.78 billion in ABNB stocks shares; and CAPITAL RESEARCH GLOBAL INVESTORS, currently with $2.28 billion in ABNB stock with ownership of nearly 0.39% of the company’s market capitalization.

419 institutional holders increased their position in Airbnb Inc. [NASDAQ:ABNB] by around 30,818,951 shares. Additionally, 542 investors decreased positions by around 20,674,358 shares, while 139 investors held positions by with 210,991,933 shares. The mentioned changes placed institutional holdings at 262,485,242 shares, according to the latest SEC report filing. ABNB stock had 137 new institutional investments in for a total of 8,419,892 shares, while 136 institutional investors sold positions of 4,836,504 shares during the same period.