In the closing of the recent trading day, Airbnb, Inc. (ABNB) stood at $132.34, denoting a -1.62% move from the preceding trading day.
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Airbnb, Inc. (ABNB) reached $135.54 at the closing of the latest trading day, reflecting a -2.36% change compared to its last close.
Airbnb (ABNB) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
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I initiate coverage of Airbnb with a Buy, as its core business remains strong and investments position it for long-term growth. Recent margin compression is due to strategic investments in Experiences & Services, and international expansion, which should drive future revenue streams. Despite Q1 growth deceleration, seasonality and currency movements mask underlying strength; cash flow and profitability remain robust.
Analysts cut price targets across the U.S. hotel sector as expectations dip on wavering consumer confidence and a drop in inbound international travel.
I upgrade Airbnb to 'Buy' with a $148 target, driven by its strategic expansion into services and experiences beyond accommodations. The redesigned app, launching in summer 2025, introduces new Homes, Experiences, and Services tabs to position ABNB as a holistic travel platform. I expect services and experiences to drive incremental bookings, potentially adding $1.5 billion in revenue and reviving growth above 10% YoY.
Zacks.com users have recently been watching Airbnb (ABNB) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Roughly $2 billion looks set to be wiped from Airbnb Inc's (NASDAQ:ABNB, ETR:6Z1) market value as the company's shares are marked to open 2% lower, following a sweeping order from Spain to remove more than 65,000 holiday listings. The Spanish Consumer Rights Ministry said on Monday that 65,935 listings violated regulations, including failures to display valid licence numbers or clarify whether the host was a private individual or a company.
Airbnb has rolled out an extensive new effort to make services from professional chefs, local tour guides, celebrities and others available through its platform.
"Novelty is cool. It's exciting. I want to be new (and) fresh," Airbnb CEO Brian Chesky told AFP in Los Angeles, where he is presenting a new offering that could bring haircuts and other services into your holiday home.