Airbnb, Inc. (ABNB) Increases Despite Market Slip: Here's What You Need to Know

The most recent trading session ended with Airbnb, Inc. (ABNB) standing at $129.35, reflecting a +1.42% shift from the previouse trading day's closing. The stock's performance was ahead of the S&P 500's daily loss of 0.09%. Meanwhile, the Dow experienced a rise of 0.04%, and the technology-dominated Nasdaq saw a decrease of 0.1%.Coming into today, shares of the company had lost 5.7% in the past month. In that same time, the Consumer Discretionary sector gained 0.69%, while the S&P 500 lost 0.29%.The upcoming earnings release of Airbnb, Inc. will be of great interest to investors. The company is predicted to post an EPS of $0.60, indicating a 21.05% decline compared to the equivalent quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $2.43 billion, indicating a 9.38% increase compared to the same quarter of the previous year.For the full year, the Zacks Consensus Estimates project earnings of $3.99 per share and a revenue of $11.05 billion, demonstrating changes of -44.89% and +11.42%, respectively, from the preceding year.Investors might also notice recent changes to analyst estimates for Airbnb, Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 1.09% downward. Right now, Airbnb, Inc. possesses a Zacks Rank of #3 (Hold).Digging into valuation, Airbnb, Inc. currently has a Forward P/E ratio of 31.93. This indicates a premium in contrast to its industry's Forward P/E of 22.5.It is also worth noting that ABNB currently has a PEG ratio of 1.78. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Leisure and Recreation Services industry had an average PEG ratio of 0.97 as trading concluded yesterday.The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. This industry, currently bearing a Zacks Industry Rank of 27, finds itself in the top 11% echelons of all 250+ industries.The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.Zacks Naming Top 10 Stocks for 2025Want to be tipped off early to our 10 top picks for the entirety of 2025?History suggests their performance could be sensational.From 2012 (when our Director of Research Sheraz Mian assumed responsibility for the portfolio) through November, 2024, the Zacks Top 10 Stocks gained +2,112.6%, more than QUADRUPLING the S&P 500’s +475.6%. Now Sheraz is combing through 4,400 companies to handpick the best 10 tickers to buy and hold in 2025. Don’t miss your chance to get in on these stocks when they’re released on January 2.Be First to New Top 10 Stocks >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Airbnb, Inc. (ABNB): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks