ABNB

Airbnb Inc

TMT, Consumer


Presented:04/14/2021
Price:$176.43
Cap:$105.72B
Current Price:$133.27
Cap:$84.28B

Presented

Date04/14/2021
Price$176.43
Market Cap$105.72B
Ent Value$83.85B
P/E RatioN/A
Book Value$4.84
Div Yield0%
Shares O/S599.24M
Ave Daily Vol5,677,894
Short Int13.63%

Current

Price$133.27
Market Cap$84.28B
Airbnb, Inc. engages in the management and operation of an online marketplace. Its marketplace model connects hosts and guests online or through mobile devices to book spaces. The company was founded by Brian Chesky, Nathan Blecharczyk and Joseph Gebbia in 2007 and is headquartered in San Francisco, CA.

Publicly traded companies mentioned herein: Airbnb Inc (ABNB), Hilton Worldwide Holdings Inc (HLT), Marriott International Inc (MAR)

Highlights

The presenter is long shares of Airbnb (ABNB) following its December 2020 IPO, seeing it as undervalued relative to comps, and a beneficiary of secular trends as the company expands its footprint globally. While imprecise to handicap, there may be a buying opportunity in June 2021, as more than half of the shares outstanding are subject to a lockup period that expires in June. 

Launched in 2008, ABNB operates an online marketplace for lodging, primarily homestays for vacation rentals, and has since grown to an impressive $100B market cap. 

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Idea Discussion

Commentor 1 - 2 weeks ago

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