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 $144.93, down 0.41% from the previous day, and has increased 32.03% in one year. It has underperformed other stocks in the Travel Services industry by 0.17 percentage points. Airbnb stock is currently +29.04% from its 52-week low of $112.32, and -14.8% from its 52-week high of $170.10.
At the moment, there are 644.04M shares of ABNB outstanding. The market capitalization of ABNB is $93.34B. In the last 24 hours, 3.77M 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.
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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.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to start your new brokerage account.
- Submit your details by pressing the "Create Account" button. Get started with eToro today
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 undervalued based on its P/E ratio of 18.82x, relative to Travel Services industry P/E ratio of 23.93x
- ABNB could be undervalued based on its P/B ratio of 11.82x, relative to Travel Services industry P/B ratio of 13.02x
You can access additional valuation analysis on ABNB's stock here.
ABNB Financial Health Summary
Pros:
- There are more short-term assets than long-term liabilities on the ABNB balance sheet.
- ABNB earnings of $2.34B is not sufficient to cover its interest payments.
- ABNB profit margin has gone up from 23.3% to 48.2% in the past year.
- There are more short-term assets than short-term liabilities on the ABNB balance sheet.
- ABNB's operating cash flow of $4.22B allows it to safely service it's debt of $1.99B.
Cons:
- ABNB has a relatively high debt to equity ratio of 2.11.
Is it a good time to buy ABNB stock, according to analysts?
Out of 21 Wall Street analysts who monitor ABNB, the consensus analyst rating on Airbnb is a Hold
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
Most Recent ABNB Analyst Ratings
Raymond Liu, an analyst from HSBC downgrades ABNB to a hold rating and announces their ABNB price target of $156.00, on May 9, 2024.
Brian Pitz, a bottom 17% analyst from BMO Capital maintains ABNB with a hold rating and raises their ABNB price target from $135.00 to $151.00, on May 9, 2024.
Tom White, a top 37% analyst from DA Davidson maintains ABNB with a hold rating and maintains their ABNB price target from $145.00 to $145.00, on May 9, 2024.
Thomas Champion, a bottom 5% analyst from Piper Sandler reiterates ABNB with a hold rating and raises their ABNB price target from $145.00 to $155.00, on May 9, 2024.
Piper Sandler's Thomas Champion raised their price target on Airbnb (NASDAQ: ABNB) by 6.9% from $145 to $155 on 2024/05/09. The analyst reiterated their Hold rating on the stock.
Airbnb had a solid quarter, but management's Q2 guidance was weak, and the stock fell after close, Champion highlighted after assessing the company's 2024/05/08-dated Q1 2024 print.
The timing of the Olympics could catalyze growth re-acceleration in Q3, but EBITDA margins may fall Y/Y in Q2, the analyst predicted.
Nevertheless, Champion believes a short-term increase in figures may be possible with performance marketing.
Earnings Report
For Q1 2024, Airbnb reported:
- EPS of $0.41, which beat the Zacks Consensus Estimate of $0.23 and, by 127.8%, Q1 2023’s $0.18.
- Revenue of $2.14B, which beat the Zacks Consensus Estimate by 3.66% and, by 18%, Q1 2023’s $1.82B.
- EBITDA of $424M, up 64% Y/Y.
- EBITDA margin of 20%.
Management guided:
For Q2 2024:
- Revenue of $2.68B to $2.74B which, if achieved, would represent an 8% to 10% increase Y/Y.
- Flat to up on a nominal basis Q/Q EBITDA.
- EBITDA margin to decrease Q/Q.
For FY 2024:
- EBITDA margin of 35%.
Co-founder & CEO Brian Chesky commented: “We had our best Q1 ever, with 133M nights and experiences booked, along with double-digit supply growth across all regions.
“I’m proud of our strong Q1 results and look forward to another record summer travel season.”
Stephen Ju, a top 2% analyst from UBS maintains ABNB with a hold rating and raises their ABNB price target from $143.00 to $157.00, on Apr 29, 2024.
You can dive deeper into what analysts are projecting on the Airbnb stock forecast page.
Metrics for Advanced ABNB Traders
How are ABNB Revenues/Earnings doing?
Last year, ABNB earnings were $4.94B. Over the last 2 year, ABNB's earnings have gone up by 143.37% per year. This was faster than the Travel Services industry average of 38.31%.
Last year, ABNB revenue was $10.24B. During the past three year, ABNB's revenue has grown by 125.82% per year. This was faster than the Travel Services industry average of 37.36%.
Learn more about ABNB's earnings and revenue performance here.
Who is buying/selling ABNB?
Over the past year, 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 $87,600.00 worth of ABNB stock on May 28, 2024.
Get more info about who owns ABNB shares here.
Can I rely on ABNB as an income stream?
No, Airbnb doesn't provide an income stream by paying out dividends.
Get analysis from other investors
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Place your ABNB buy order
You have two main order types:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly the easiest way to buy. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a given price, use a limit order.
Hit the Open Trade button and your broker will place your order.
If you want additional assistance buying stocks on eToro, watch the how to video below:
Step 6: Watch your investment in ABNB
Now that you own some ABNB shares, you'll want to stay up-to-date on your stock purchase.
Make a watchlist to track the most important metrics related to your ABNB stock.
ABNB Feed
How to Buy Stock in Airbnb
To reiterate, here are the 6 steps to buy Airbnb stock:
- 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 require a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep an eye on your new investment in Airbnb, add ABNB to your watchlist by clicking the button below.
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