Airbnb Inc [NASDAQ: ABNB] plunged by -$1.91 during the normal trading session on while it closed the day at $157.90.
Airbnb Inc stock has also gained 1.11% of its value over the past 7 days. However, ABNB stock has inclined by 7.01% in the 3 months of the year. Over the past six months meanwhile, it has gained 33.62% and gained 15.98% year-on date.
The market cap for ABNB stock reached $100.32 billion, with 438.00 million shares outstanding and 418.62 million shares in the current float. Compared to the average trading volume of 4.53M shares, ABNB reached a trading volume of 7761046 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say 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 $151.08 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 2.82. 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.
Mizuho have made an estimate for Airbnb Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on April 24, 2024. While these analysts kept the previous recommendation, The Benchmark Company raised their target price to Buy. The new note on the price target was released on April 11, 2024, representing the official price target for Airbnb Inc stock.
The Average True Range (ATR) for Airbnb Inc is set at 4.37, with the Price to Sales ratio for ABNB stock in the period of the last 12 months amounting to 10.12. The Price to Book ratio for the last quarter was 12.34, with the Price to Cash per share for the same quarter was set at 15.89. Price to Free Cash Flow for ABNB in the course of the last twelve months was 25.83 with Quick ratio for the last quarter at 1.66.
ABNB stock trade performance evaluation
Airbnb Inc [ABNB] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.11. With this latest performance, ABNB shares dropped by -2.93% in over the last four-week period, additionally plugging by 33.62% over the last 6 months – not to mention a rise of 25.67% 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 46.45, with the RSI for the last a single of trading hit 44.40, and the three-weeks RSI is set at 48.19 for Airbnb Inc [ABNB]. The present Moving Average for the last 50 days of trading for this stock 161.45, while it was recorded at 159.55 for the last single week of trading, and 142.22 for the last 200 days.
Airbnb Inc [ABNB]: An insightful look at the core fundamentals
Airbnb Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.66 and a Current Ratio set at 1.66.
Earnings per share (EPS) analysis for Airbnb Inc [ABNB] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ABNB. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Airbnb Inc go to 23.90%.
Airbnb Inc [ABNB]: Institutional Ownership
The top three institutional holders of ABNB stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in ABNB stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in ABNB stock with ownership which is approximately 5.8386%.
