Q: What is Airbnb, Inc. 2024/Q1 Earnings Preview?

TigerGPT Answer: 【Forecast Data】

The financial forecast data for Airbnb, Inc. (ABNB) this quarter includes an earnings per share (EPS) estimate of $0.24, total revenue estimate of $2,060,265,640, and EBIT estimate of $16,841,150. Compared to the same period last year, the EPS has increased by 33.33% (from $0.18), total revenue has increased by 13.4% (from $1,818,000,000), and EBIT has significantly improved from a loss of $5,000,000 to a positive $16,841,150. These changes indicate a strong improvement in profitability and operational efficiency.

【Quarterly Important News】

Key news over the past quarter includes an analyst upgrade from JP Morgan, raising the price target on Booking Holdings (NASDAQ: BKNG) by 1.9% from $3,950 to $4,025, maintaining a Strong Buy rating. This upgrade reflects confidence in the company's performance and may positively influence investor sentiment. Additionally, Booking Holdings reported a strong Q1 performance, which could suggest a favorable environment for travel and lodging companies like Airbnb.

【Forecast Viewpoints】

Analysts have a positive outlook on Airbnb's financial report, with Wall Street predicting a 44.4% increase in quarterly earnings per share year-over-year and a 13.7% increase in revenues. The consensus EPS estimate has been revised upward by 0.9% in the past 30 days, indicating a positive sentiment shift. Here are some references:

- Booking Holdings Inc. Just Recorded A 77% EPS Beat: Here's What Analysts Are Forecasting Next

- Seeking Clues to Airbnb (ABNB) Q1 Earnings? A Peek Into Wall Street Projections for Key Metrics

【Stock Trend Analysis】

Airbnb's stock price has fluctuated over the past quarter, with a 21.17% increase from the last financial report release date to the current date. The latest stock price is $159.71, with a support level at $162.84 and a resistance level at $149.24. The stock is currently trading below the support level, which could indicate a potential downtrend or consolidation phase.

【Options Large Order Analysis】

The options large orders show a mix of call and put options being sold, which does not provide a clear directional bias. However, the presence of large sell orders for both call and put options suggests that some traders may be expecting limited volatility or taking profits ahead of the earnings report.

【Analyst Ratings and Target Price Forecast】

With 4 recommendations for "recommend," 8 for "buy," 26 for "hold," 5 for "underperform," and 1 for "sell," the analyst consensus seems to lean towards a neutral to positive stance. The mean target price is $152.82, with a range from $80.00 to $200.00. Airbnb's current stock price is above the mean target price, suggesting that it may be fairly valued or slightly overvalued at current levels.

【Comprehensive Conclusion】

Airbnb's financial forecast shows strong year-over-year growth in EPS and revenue, with a significant turnaround in EBIT. Analyst sentiment is generally positive, with upward revisions in EPS estimates. The stock has seen significant appreciation over the past quarter, but recent price action suggests potential consolidation. Options activity does not indicate a clear direction. Analyst ratings are mixed, with a neutral to positive outlook, and the stock price is hovering around the average target price. Overall, Airbnb appears to be on a solid financial footing, but market sentiment and stock price trends should be monitored closely.

Disclaimer: The above content is generated by the AI robot TigerGPT and does not represent any personal views. The content is for reference only and does not constitute any investment advice.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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