ABNB

Airbnb Inc - Ordinary Shares - Class A

TMT, Consumer


Presented:12/13/2023
Price:$144.51
Cap:$92.49B
Current Price:$133.27
Cap:$84.28B

Presented

Date12/13/2023
Price$144.51
Market Cap$92.49B
Ent Value$81.88B
P/E Ratio17.5x
Book Value$14.28
Div Yield0%
Shares O/S640.05M
Ave Daily Vol6,565,796
Short Int5.47%

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), Booking Holdings Inc (BKNG), Expedia Group Inc (EXPE)

Highlights

The presenter is short shares of Airbnb Inc (ABNB), which recently rallied on better third-party data and travel commentary, creating an opportunity to short the stock. He thinks consensus 2024 room nights are too high based on several headwinds and there could be downside to consensus 2024 ADRs from unfavorable mix shifts and a mismatch in supply/demand growth.

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Idea Discussion

Commentor 1 - 2 weeks ago

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Commentor 1 - 2 weeks ago

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