Airbnb Inc. NASDAQ: ABNB stock is down 9.1% the day after the company's second-quarter earnings report. The company beat on the top and bottom lines with earnings per share (EPS) of $1.03 and revenue of $3.10 billion.
Initiated a new position in Airbnb, citing strong brand, direct traffic, unique marketplace, and long-term growth opportunities across alternative accommodations and new services. Acquired BXP for its blue-chip office portfolio, favorable supply-demand dynamics, and expectations of earnings growth as office fundamentals improve in key markets. Added to Equinix, accepting near-term earnings drag...
Airbnb's Q2 results show decent revenue and profit, but growth in core markets (North America, Europe) has slowed significantly. Economic uncertainty, rising delinquencies, and increased regulatory restrictions (e.g., recent limitations in Spain) are creating significant headwinds. Airbnb's push into new areas such as experiences and services may drive incremental growth, but brings higher cost...
After a second-quarter earnings beat, Airbnb CEO Brian Chesky shared his thoughts on the company's AI strategy, cautioning investors that AI chatbots can't yet be thought of as the “new Google.” That is, AI chatbots, while potentially driving new leads to the travel and services business, aren't entirely a replacement for the referrals that the dominant search engine brings.
Vacation rental stock Airbnb Inc (NASDAQ:ABNB) was last seen down 7.5% to trade at $120.74, despite better-than-expected second-quarter results, after the company forecast slower growth in the second half of the year.
Airbnb delivered strong Q2 results with accelerated revenue and bookings growth, but shares fell due to cautious Q3 bookings guidance and valuation concerns. I'm upgrading Airbnb to a neutral rating, as its expanding product portfolio and robust margins are balanced by travel demand uncertainty and fierce competition. Valuation is fair but not compelling; at ~17x EBITDA, Airbnb trades at a prem...
Airbnb Inc (NASDAQ:ABNB, ETR:6Z1) shares fell nearly 7% in pre-market trading, putting the company on track to lose over $5 billion in value, despite reporting second-quarter results that beat expectations. Revenue for the quarter rose 13% to $3.1 billion and net income grew 16% to $642 million, both ahead of analyst forecasts.
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