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 $112.16, up 2.18% from the previous day, and has decreased 3.91% in one year. It has overperformed other stocks in the Internet Content & Information industry by 0.06 percentage points. Airbnb stock is currently +36.93% from its 52-week low of $81.91, and -22.45% from its 52-week high of $144.63.
At the moment, there are 639.45M shares of ABNB outstanding. The market capitalization of ABNB is $71.72B. In the last 24 hours, 6.62M 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
We believe that eToro is the best stock brokerage. Here's why:
- You can invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
- Access to world markets: From Technology to Industrials, New York to London — you can fill your portfolio with stocks from the world's top exchanges.
- Social investing: eToro has a community of more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by creating an account with eToro now.
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.
- Enter your personal data to start your new brokerage account.
- Submit your details by pressing the "Create Account" button.
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 overvalued based on its P/E ratio of 35.38x, relative to Internet Content & Information industry P/E ratio of 26.08x
- ABNB could be overvalued based on its P/B ratio of 13.56x, relative to Internet Content & Information industry P/B ratio of 5.16x
- ABNB could be overvalued based on its PEG ratio of 3.25x
You can access additional valuation analysis on ABNB's stock here.
A look at ABNB Cashflows and Balance Sheet
Pros:
- ABNB earnings of $2.15B is not sufficient to cover its interest payments.
- There are more short-term assets than short-term liabilities on the ABNB balance sheet.
- There are more short-term assets than long-term liabilities on the ABNB balance sheet.
- ABNB profit margin has gone up from 12.1% to 23.3% in the past year.
- ABNB's operating cash flow of $3.82B allows it to safely service it's debt of $2.29B.
Cons:
- ABNB has a relatively high debt to equity ratio of 2.78.
Is it a good time to buy Airbnb stock, according to analysts?
Out of 23 Wall Street analysts who give ratings on ABNB, the consensus analyst rating on Airbnb is a Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.
Latest ABNB Analyst Upgrades/Downgrades
Naved Khan, a top 25% analyst from Truist Securities maintains ABNB with a hold rating and lowers their ABNB price target from $130.00 to $116.00, on Jun 1, 2023.
Maintaining his Hold rating, Scholes lowered his price target on Airbnb, Inc. by 10.8%.
He made his PT adjustment after completing a deep dive into his Lodging & Leisure (Cruise lines, Vacation Ownership, Resorts) portfolio, the analyst told his readers.
His model revisions took into account "the group's Q1 earnings," Scholes explained.
With respect to Airbnb specifically, the analyst reported that he cut his forecasts for the company's FY 2023 EBITDA from $3.49B to $3.23B and its FY 2024 EBITDA from $4.22B to $3.80B.
John Staszak, a top 25% analyst from Argus Research maintains ABNB with a strong buy rating and lowers their ABNB price target from $144.00 to $124.00, on May 17, 2023.
Justin Patterson, a bottom 2% analyst from KeyBanc maintains ABNB with a strong buy rating and lowers their ABNB price target from $144.00 to $135.00, on May 15, 2023.
Ronald Josey, a top 7% analyst from Citigroup maintains ABNB with a strong buy rating and lowers their ABNB price target from $148.00 to $135.00, on May 11, 2023.
Bernie McTernan, a bottom 1% analyst from Needham maintains ABNB with a buy rating and lowers their ABNB price target from $155.00 to $150.00, on May 10, 2023.
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 $2.03B. During the past 1 years, ABNB's earnings have increased by 143.85% per year. This was faster than the Internet Content & Information industry average of 23.98%.
Last year, ABNB revenue was $8.71B. In the last 2 year, ABNB's revenue has grown by 59.5% per year. This was faster than the Internet Content & Information industry average of 21.75%.
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 $53,050.00 worth of ABNB stock on May 25, 2023.
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.
Related "How To" Guides
FAQ
Company
AboutBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.