For Airbnb Inc [ABNB], Analyst sees a rise to $134. What next?

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Airbnb Inc [NASDAQ: ABNB] closed the trading session at $135.15.

The stocks have a year to date performance of -0.73 percent and weekly performance of -0.25 percent. The stock has been moved at -14.66 percent over the last six months. The stock has performed 10.67 percent around the most recent 30 days and changed -7.99 percent over the most recent 3-months.

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If compared to the average trading volume of 4.68M shares, ABNB reached to a volume of 3689466 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 $125.69 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 2.89. 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.

Raymond James have made an estimate for Airbnb Inc shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on September 27, 2024. While these analysts kept the previous recommendation, Cantor Fitzgerald raised their target price to Underweight. The new note on the price target was released on September 05, 2024, representing the official price target for Airbnb Inc stock. On May 28, 2024, analysts increased their price target for ABNB shares from 160 to 165.

The Average True Range (ATR) for Airbnb Inc is set at 3.27, with the Price to Sales ratio for ABNB stock in the period of the last 12 months amounting to 8.14. The Price to Book ratio for the last quarter was 10.71, with the Price to Cash per share for the same quarter was set at 17.85. Price to Free Cash Flow for ABNB in the course of the last twelve months was 19.84 with Quick ratio for the last quarter at 1.41.

ABNB stock trade performance evaluation

Airbnb Inc [ABNB] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.25. With this latest performance, ABNB shares gained by 10.67% in over the last four-week period, additionally sinking by -14.66% over the last 6 months – not to mention a rise of 7.96% 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 63.62, with the RSI for the last a single of trading hit 65.97, and the three-weeks RSI is set at 60.03 for Airbnb Inc [ABNB]. The present Moving Average for the last 50 days of trading for this stock 122.22, while it was recorded at 134.08 for the last single week of trading, and 143.68 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 1.41 and a Current Ratio set at 1.41.

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 15.95%.

Airbnb Inc [ABNB]: Institutional Ownership

There are presently around $77.41%, or 78.20%% of ABNB stock, in the hands of institutional investors. The top three institutional holders of ABNB stocks are: VANGUARD GROUP INC with ownership of 36.51 million shares, which is approximately 5.7232%. BLACKROCK INC., holding 28.22 million shares of the stock with an approximate value of $$4.28 billion in ABNB stocks shares; and BLACKROCK INC., currently with $$3.39 billion in ABNB stock with ownership which is approximately 3.5021%.

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