Will Airbnb stock recover?

Airbnb grew Revenue at an average rate of about 40\% prior to the pandemic, with Revenue likely to drop this year and recover to close to 2019 levels in 2021.

What happened ABNB stock?

Airbnb (NASDAQ: ABNB) stock is down by close to 15\% from its all-time highs, trading at about $188 per share, due to the broader sell-off in high-growth technology stocks. Airbnb’s revenues are likely to grow by about 40\% this year, per consensus estimates. In comparison, Airbnb’s revenue was down only 30\% in 2020.

Is Airbnb worth investing stock?

Airbnb’s stock is not cheap, with its price-to-sales ratio at 23. Besides, Airbnb’s massive total addressable market combined with the potential for healthy profit margins considering its asset-light business model could make the elevated price worthwhile. Data by YCharts. Still, risks remain for the travel company.

Why has Airbnb stock dropped?

Airbnb (ABNB -7.5\%) is down sharply on a day when investors have rotated out of growth stocks to favor value names. Several analysts raised their price targets on ABNB after the company noted Q4 Thanksgiving bookings were 40\% higher than the level seen in 2019. …

Why did Airbnb stock go down?

For the first quarter, Airbnb’s revenue returned to growth after a drop in revenue in 2020. This contributed to Airbnb stock being down in May. A couple weeks after its first quarter report, management rolled out over 100 upgrades to the Airbnb platform.

Why is ABNB stock dropping?

Airbnb (ABNB -7.5\%) is down sharply on a day when investors have rotated out of growth stocks to favor value names. Several analysts raised their price targets on ABNB after the company noted Q4 Thanksgiving bookings were 40\% higher than the level seen in 2019.

Is Airbnb stock undervalued?

Annualized revenue could be between $3 to $3.5 billion. That means the stock is currently trading at a forward price-to-sales ratio of ~30. In short, Airbnb stock is undervalued based on its fundamentals.