Stocks of Airbnb Inc (NASDAQ:ABNB) traded higher last session on Wall Street, down -6.41% to $106.66.
ABNB stock price is now -19.85% away from the 50-day moving average and -19.86% away from the 200-day moving average. The market capitalization of the company currently stands at $67.25B.
With the price target enhanced from $165 to $185, Jefferies Upgraded its rating from Hold to Buy for Airbnb Inc (NASDAQ: ABNB)., while ‘Robert W. Baird’ rates the stock as ‘Outperform’
In other news, BALOGH ARISTOTLE N, Chief Technology Officer sold 700 shares of the company’s stock on Apr 01 ’25. The stock was sold for $83,769 at an average price of $119.67. Upon completion of the transaction, the Chief Technology Officer now directly owns 170,019 shares in the company, valued at $18.13 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 01 ’25, CEO and Chairman Chesky Brian sold 38,459 shares of the business’s stock. A total of $4,631,913 was realized by selling the stock at an average price of $120.44. This leaves the insider owning 11,731,685 shares of the company worth $1.25 billion. A total of 33.35% of the company’s stock is owned by insiders.
During the past 12 months, Airbnb Inc has had a low of $110.38 and a high of $166.74. As of last week, the company has a debt-to-equity ratio of 0.27, a current ratio of 1.69, and a quick ratio of 1.69. According to the stock market information, the enterprise value for the company is $57955082240, which is based on a 25.80 price-to-earnings ratio, a 1.89 price-to-earnings-growth ratio, and a beta of 1.15. The fifty day moving average price for ABNB is $133.069 and a two-hundred day moving average price translates $133.09642 for the stock.
The latest earnings results from Airbnb Inc (NASDAQ: ABNB) was released for 2024-12-31. The net profit margin was 23.85% and return on equity was 31.95% for ABNB. The company reported revenue of $2.48 billion for the quarter, compared to $2.22 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 11.81 percent.
