Airbnb (ABNB) Stock

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SAN FRANCISCO, Jan. 30, 2025 /PRNewswire/ -- Airbnb, Inc. (NASDAQ: ABNB) has announced that it will share its financial results for the fourth quarter and the entire year of 2024 after the market closes on Thursday, February 13, 2025. The shareholder letter will be accessible on the Airbnb Investor Relations website at https://investors.airbnb.com.

One of the unexpected stock stories in the early 2020s could be Airbnb (ABNB 1.17%). The platform used artificial intelligence (AI) to connect landlords and tenants, helping to promote vacation rentals that might not have been listed otherwise.

Airbnb (ABNB) has been getting a lot of interest from users on Zacks.com recently. Because of this, it's important to understand the factors that could affect the stock's future.

I didn't notice it back then, but I was one of the first to use Airbnb, as I've been using the short-term rental service frequently for over ten years, both in my country and abroad. Staying in hotels can be tricky for my big family since many rooms only allow five people, and it's tough to keep kids quiet for the sake of other guests.

Airbnb has experienced significant growth after the pandemic, with its revenue increasing from $5.99 billion in 2021 to $9.92 billion in 2023, thanks to more bookings and higher overall booking values. Even though it has a high market value, Airbnb is seen as a GARP (growth-at-a-reasonable-price) stock because of its strong cash flow and a net cash position of $9.26 billion. The company's wide global presence, especially in North America and EMEA, along with potential growth in the Asia Pacific area, leads to a cautious 'buy' recommendation.

At the end of the last trading day, Airbnb, Inc. (ABNB) was priced at $133.07, which represents a decrease of 1.52% compared to the day before.

Airbnb is dealing with increasing competition, shrinking profit margins, and regulatory issues, which create short-term worries that might make investors hesitant.

Airbnb is in a good position to benefit from the expected growth in the travel industry in 2025, using AI to enhance customer experiences and improve operations. The company's strong free cash flow and plan to buy back shares show its solid financial status and commitment to shareholders. According to AirDNA data, Airbnb's revenue for the fourth quarter of 2024 is likely to be higher than expected, reflecting positive booking trends.