AirbnbABNB
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 over 8 million active accommodation listings as of Sept. 30, 2024. 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 Q3 regulatory filings by fund managers ($100M+ AUM)
2.38% less ownership
Funds ownership: 76.92% [Q2] → 74.54% (-2.38%) [Q3]
5% less funds holding
Funds holding: 1,149 [Q2] → 1,089 (-60) [Q3]
19% less capital invested
Capital invested by funds: $51.5B [Q2] → $41.4B (-$10B) [Q3]
20% less call options, than puts
Call options by funds: $1.65B | Put options by funds: $2.07B
22% less repeat investments, than reductions
Existing positions increased: 353 | Existing positions reduced: 453
24% less first-time investments, than exits
New positions opened: 133 | Existing positions closed: 175
28% less funds holding in top 10
Funds holding in top 10: 29 [Q2] → 21 (-8) [Q3]
Research analyst outlook
16 Wall Street Analysts provided 1 year price targets over the past 3 months
16 analyst ratings
Morgan Stanley Brian Nowak 88% 1-year accuracy 28 / 32 met price target | 6%downside $125 | Underweight Maintained | 13 Jan 2025 |
B of A Securities Justin Post 56% 1-year accuracy 9 / 16 met price target | 20%upside $159 | Neutral Maintained | 18 Dec 2024 |
Truist Securities Naved Khan 72% 1-year accuracy 18 / 25 met price target | 7%downside $123 | Hold Maintained | 4 Dec 2024 |
DA Davidson Tom White 46% 1-year accuracy 11 / 24 met price target | 1%downside $131 | Neutral Maintained | 18 Nov 2024 |
Phillip Securities | 9%downside $120 | Reduce Downgraded | 12 Nov 2024 |
Financial journalist opinion
Based on 18 articles about ABNB published over the past 30 days
