How to Buy Airbnb Stock
Airbnb Inc
Airbnb, Inc. , together with its subsidiaries, operates a platform that enables hosts to offer stays and experiences to guests worldwide.
Airbnb stock last closed at $158.37, up 1.09% from the previous day, and has increased 36.33% in one year. It has overperformed other stocks in the Travel Services industry by 0.06 percentage points. Airbnb stock is currently +52.94% from its 52-week low of $103.55, and -6.9% from its 52-week high of $170.10.
At the moment, there are 647.06M shares of ABNB outstanding. The market capitalization of ABNB is $102.48B. In the last 24 hours, 3.9M ABNB shares were traded.
How to Buy Airbnb Stock
Wondering how to invest in Airbnb stock? Here's how.
- Choose where to buy Airbnb stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you choose where to buy Airbnb stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Select your method of payment and add your details.
- Research Airbnb stock: The Airbnb ticker symbol is ABNB. Is Airbnb stock a good investment? Should you buy shares of ABNB? How do ABNB's underlying business fundamentals look? Do top analysts think Airbnb is a good buy? Why has ABNB's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if ABNB is a good stock to buy).
- Place your ABNB buy order: Decide if you will purchase ABNB shares at the current market price or use a limit order to purchase ABNB stock at a given price.
- Watch your investment in ABNB: Create a watchlist to get live updates on your new investment in Airbnb stock.
Step 1: Choose where to buy Airbnb stock
You need a brokerage account to access the NASDAQ market and buy ABNB shares.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Open your brokerage account
Now that you've selected the right brokerage, it's time to fill out some personal details so you can invest in ABNB today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to start your new brokerage account.
- Submit your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you have filled out your info on apps for stocks, you need to deposit funds:
Check out this video walkthrough if you need help depositing funds into your brokerage account.
Step 4: Research Airbnb stock
After you have decided on the best place to buy Airbnb stock, it's critical to analyze their stock prior to investing, so you truly understand the risk as well as the opportunity.
Airbnb Numbers
Fundamentals of ABNB
WallStreetZen was built to help part-time investors perform more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on ABNB's stock page.
Is ABNB stock undervalued or overvalued?
You can use many financial metrics, analyses, models, and charts to gauge ABNB's intrinsic value.
Using relative valuations measures:
- ABNB could be undervalued based on its P/E ratio of 21.06x, relative to Travel Services industry P/E ratio of 31.15x
- ABNB could be overvalued based on its P/B ratio of 12.55x, relative to Travel Services industry P/B ratio of 9.26x
You can access additional valuation analysis on ABNB's stock here.
ABNB Financial Health Summary
Pros:
- There are more short-term assets than long-term liabilities on the ABNB balance sheet.
- ABNB earnings of $2.19B is not sufficient to cover its interest payments.
- There are more short-term assets than short-term liabilities on the ABNB balance sheet.
- Total ABNB debt is lower than 5 years ago, relative to shareholder equity.
- ABNB profit margin has gone up from 22.5% to 48.3% in the past year.
- ABNB's operating cash flow of $3.88B allows it to safely service it's debt of $2.24B.
Cons:
- ABNB has a relatively high debt to equity ratio of 1.53.
Is it a good time to buy Airbnb stock, according to analysts?
Out of 21 Wall Street analysts who give ratings on ABNB, the consensus analyst rating on Airbnb is a Hold
It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.
Latest ABNB Analyst Upgrades/Downgrades
Justin Post, a top 1% analyst from Bank of America maintains ABNB with a hold rating and raises their ABNB price target from $155.00 to $168.00, on Mar 14, 2024.
Patrick Scholes, a top 4% analyst from Truist Securities maintains ABNB with a hold rating and raises their ABNB price target from $118.00 to $131.00, on Mar 14, 2024.
Stephen Ju, a top 2% analyst from UBS maintains ABNB with a hold rating and lowers their ABNB price target from $148.00 to $143.00, on Feb 14, 2024.
Doug Anmuth, a top 1% analyst from JP Morgan maintains ABNB with a hold rating and raises their ABNB price target from $118.00 to $140.00, on Feb 14, 2024.
Thomas Champion, a bottom 5% analyst from Piper Sandler maintains ABNB with a hold rating and raises their ABNB price target from $136.00 to $145.00, on Feb 14, 2024.
Piper Sandler's Thomas Champion raised their price target on Airbnb (NASDAQ: ABNB) by 6.6% from $136 to $145 on 2024/02/14. The analyst maintained their Hold rating on the stock.
Q4 was "another impressive" quarter, Champion said after reviewing Airbnb's Q4 and FY 2023 report on 2024/02/13, noting, however, that Nights growth will slip to high single-digits in Q1 because of the timing of Easter and a tough comp.
Nevertheless, management guided FY 2024 EBITDA margins of 35%+ again, and the Board authorized a new $6B share repurchase program, Champion added.
Earnings Report
Airbnb, Inc. reported:
For Q4 2023:
- Loss per share of $0.55, which missed Q4 2022’s EPS of $0.48 by 214%.
- Revenue of $2.22B, which beat Q4 2022’s $1.9B by 16.8%.
- Adjusted EBITDA margin of 33%.
For FY 2023:
- EPS of $7.24, which beat FY 2022’s $2.79 by 159.5%.
- Revenue of $9.9B, which beat FY 2022’s $8.4B by 17.9%.
- Adjusted EBITDA margin of 37%.
Management guided:
For Q1 2024:
- Revenue of $2.03B to $2.07B.
For FY 2024:
- Adjusted EBITDA margin of at least 35%.
Chairman, CEO & Co-Founder Brian Chesky commented: “We spent the last three years perfecting our core service, and we are now ready to embark on our next chapter.
“We're focused on unlocking more growth opportunities by investing in underpenetrated international markets, and we're seeing some great results.
“Following the success that we've seen in recent quarters in Germany, Brazil, and Korea, we're now rolling out our playbook in other countries, including Switzerland, Belgium, and the Netherlands.
“We've always believed that Airbnb was destined to offer more than just a place to stay, and now is the time for us to expand beyond our core business and reinvent Airbnb.”
You can dig deeper into what analysts are forecasting on the Airbnb stock forecast page.
ABNB Technical Indicators
ABNB Earnings
Last year, ABNB earnings were $4.79B. During the past 1 years, ABNB's earnings have increased by 153.2% per year. This was faster than the Travel Services industry average of 49.28%.
Last year, ABNB revenue was $9.92B. In the last 5 year, ABNB's revenue has grown by 22.12% per year. This was faster than the Travel Services industry average of 11.4%.
Find out more about ABNB's earnings and revenue performance here.
Latest Insiders Trades at ABNB
In the last 12 months, insiders at ABNB have sold more shares than they have bought.
Aristotle N. Balogh, Chief Technology Officer of ABNB, was the latest ABNB insider to sell. They sold $96,930.00 worth of ABNB stock on Apr 9, 2024.
Get more info about who owns ABNB shares here.
Does ABNB stock generate passive income?
No, Airbnb doesn't provide an income stream by paying out dividends.
Get analysis from other traders
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Place your ABNB buy order
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly the best for newer investors. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at an exact price, use a limit order.
Click the Open Trade button and eToro will execute the order.
If you want more assistance investing in stocks on eToro, click the how to video below:
Step 6: Watch your investment in ABNB
Now that you own some shares in ABNB, you'll want to keep up with your new stock purchase.
Add ABNB to a watchlist to track your ABNB stock.
ABNB Feed
How to Buy Stock in Airbnb
To summarize, here are the 6 steps to buy stock in Airbnb:
- Choose where to buy Airbnb stock
- Open your brokerage account
- Deposit funds into your brokerage account
- Research Airbnb stock
- Place your ABNB buy order
- Watch your investment in ABNB
If you need a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to track your investment in Airbnb, add ABNB to your watchlist below.
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