Wall Street is positive on Airbnb Inc (ABNB). On average, analysts give the stock a Buy rating. The average price target is $163.88, which means analysts expect the stock to increase by 40.22% over the next twelve months.
That average ranking earns the stock an Analyst Rating of 18, which is better than 18% of stocks based on data compiled by InvestorsObserver.
Wall Street analysts are rating ABNB a Buy today. Find out what this means to you and get the rest of the rankings on ABNB!
Why are Analyst Ratings Important?
Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company's balance sheet. This information allows investors to make decisions ahead of the curve.
InvestorsObserver combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.
What's Happening With Airbnb Inc Stock Today?
Airbnb Inc (ABNB) stock has risen 1.61% while the S&P 500 has fallen -0.2% as of 11:03 AM on Thursday, Aug 4. ABNB is higher by $1.85 from the previous closing price of $115.02 on volume of 3,355,200 shares. Over the past year the S&P 500 has fallen -5.81% while ABNB has fallen -20.71%. ABNB earned $1.83 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 63.8.
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