AirbnbABNB
Market Cap: $72.3B
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 June 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 Q2 SEC filings by fund managers ($100M+ AUM)
23% more repeat investments, than reductions
Existing positions increased: 459 | Existing positions reduced: 374
1% less funds holding
Funds holding: 1,143 [Q1] → 1,133 (-10) [Q2]
7% less first-time investments, than exits
New positions opened: 126 | Existing positions closed: 136
4.52% less ownership
Funds ownership: 77.83% [Q1] → 73.31% (-4.52%) [Q2]
11% less call options, than puts
Call options by funds: $2.12B | Put options by funds: $2.39B
13% less capital invested
Capital invested by funds: $56.2B [Q1] → $49B (-$7.16B) [Q2]
19% less funds holding in top 10
Funds holding in top 10: 36 [Q1] → 29 (-7) [Q2]
Research analyst outlook
24 Wall Street Analysts provided 1 year price targets over the past 3 months
24 analyst ratings
Cantor Fitzgerald Deepak Mathivanan 53% 1-year accuracy 9 / 17 met price target | 18%downside $94 | Underweight Initiated | 5 Sept 2024 |
Jefferies John Colantuoni 50% 1-year accuracy 4 / 8 met price target | 5%upside $120 | Hold Maintained | 4 Sept 2024 |
Truist Securities Patrick Scholes 44% 1-year accuracy 16 / 36 met price target | 9%upside $124 | Hold Maintained | 4 Sept 2024 |
Benchmark Daniel Kurnos 52% 1-year accuracy 32 / 62 met price target | 36%upside $155 | Buy Reiterated | 26 Aug 2024 |
Goldman Sachs Eric Sheridan 60% 1-year accuracy 33 / 55 met price target | 3%downside $111 | Sell Maintained | 8 Aug 2024 |
Financial journalist opinion
Based on 36 articles about ABNB published over the past 30 days