AirbnbABNB
Market Cap: 88.9B
About: Started in 2008, Airbnb is the world's largest online alternative accommodation travel agency, also offering booking services for boutique hotels and experiences. Airbnb's platform offered 7.7 million active accommodation listings as of Dec. 31, 2023. Listings from the company's over 5 million hosts are spread over almost every country in the world. In 2023, 50% of revenue was from the North American region. Transaction fees for online bookings account for all its revenue.
Employees: 6,907
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
24% more capital invested
Capital invested by funds: $43.5B [Q4 2023] → $54B (+$10.5B) [Q1 2024]
21% more first-time investments, than exits
New positions opened: 169 | Existing positions closed: 140
20% more funds holding in top 10
Funds holding in top 10: 30 [Q4 2023] → 36 (+6) [Q1 2024]
3% more funds holding
Funds holding: 1,097 [Q4 2023] → 1,126 (+29) [Q1 2024]
1.44% more ownership
Funds ownership: 73.36% [Q4 2023] → 74.81% (+1.44%) [Q1 2024]
5% more repeat investments, than reductions
Existing positions increased: 417 | Existing positions reduced: 398
26% less call options, than puts
Call options by funds: $2.18B | Put options by funds: $2.94B
Research analyst outlook
34 Wall Street Analysts provided 1 year price forecasts over the past 6 months
34 analyst ratings
Morgan Stanley Brian Nowak | 7%downside $130 | Underweight Maintained | 23 Jul 2024 |
Benchmark Daniel Kurnos | 36%upside $190 | Buy Reiterated | 18 Jul 2024 |
Wells Fargo Ken Gawrelski | 8%downside $129 | Underweight Maintained | 9 Jul 2024 |
Truist Securities Patrick Scholes | 4%downside $134 | Hold Maintained | 30 May 2024 |
Wedbush Scott Devitt | 18%upside $165 | Outperform Upgraded | 28 May 2024 |
Financial journalist opinion
Based on 33 articles about ABNB published over the past 30 days