Analysts have reportedly turned bullish on Airbnb stocks following a pullback in the travel stock. Due to upgrades, some believe that travel and leisure stocks can potentially be the new value heaven. Airbnb's stocks reportedly present an attractive entry point. Upon running an earnings growth scan, Airbnb passed with ease. Q2 2024 earnings of $0.90 per share are expected from Airbnb. Wedbush has upgraded Airbnb and advised investors to take advantage of relative weakness. However, despite strong Q1, Airbnb's stock slid as investors are worried over the sales outlook. Airbnb's stock also fell as sales guidance left investors disappointed. Despite strong Q1 results, a soft outlook caused Airbnb's stock to slide. Even though the revenue forecast was lower, Airbnb's net income doubled. Despite better-than-expected sales, Airbnb's stock fell. Even though Airbnb, Inc.'s stock has been sliding, fundamentals remain strong.
Airbnb Stocks News Analytics from Wed, 08 Nov 2023 08:00:00 GMT to Thu, 30 May 2024 12:00:15 GMT -
Rating 2
- Innovation 4
- Information 6
- Rumor -5
