Airbnb
AIRBNB is BULLISH 🚀🚀🚀Airbnb (ticker: $ABNB) is clearly in an ascending channel. It's BULLISH. My first target for this stock is around $230. LESSSGOOO!
Airbnb Q4 2020 Earnings Call -> FEBRUARY 25, 2021 02:00 PM PT investors.airbnb.com
You can always make money with stocks. It's never late! Don't FOMO!!
What's your opinion? Your comments are welcome.
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Take into account that fundamentals (news) supplement technical analysis . A trader does not use a crystal ball to predict the future (news and people's reactions). Additionally technical analysis is not an exact science. It involves a degree of subjectivity.
Legal disclaimer: I am not a financial advisor. The advice here given is not a financial advice even though my excitement might make it look like such. This account shouldn't be followed by anyone expecting something from me. You trade at your own risk and nobody can guarantee you results. Even if someone could, I don't.
AIRBNB (ABNB) - The Future of Travel AccomodationsThis is the future of the travel accommodation industry with very little competition, I am very Bullish on this stock.
Its a company I have used many times and also have been a host. I believe this stock can deliver very fruitfully once the pandemic really starts to fade away
Also remember that Airbnb now offers tourism experiences, when travel kicks off again this will be a massive space for tourism.
I however expect some volatility over the first few months of trading from this stock, it could go as low as half the current price, however if you wait until clearer signs of the world recovering from the coronavirus to add this to your portfolio then you just might be too late.
AIRBNBAirbnb raised $ 3.4 billion during its IPO at the end of 2020. Airbnb is a technology company that has brought home sharing in over 100,000 cities around the world.
During the pandemic, tourism came to a standstill, and companies like Airbnb were hit hardest, as all business is tied to travelers.
Due to world events, market participants no longer believed in Airbnb's IPO this year, but the company was able to.
At the moment, the price is moving above the middle of the ascending channel. The target is the line of resistance.
Best regards EXCAVO
My Christmas Present to You! $ABNB AIRBNBAs Airbnb comes to $151.1 and teases us with a breakout, I think it's important to watch these next days of price action.
We've broken out from $151.1, looking for a small bounce than a nice correction back to $151.1 to hold as support...
Merry Christmas & Happy New Year!
BUY & HOLD LONG
DCJ
Airbnb is nearly worth $100 billion. Wow.The market is in full bull market mode. There's a lot to suggest this, including the amount of money SPACs have made. Multiple expansion is also a major talking point and I will get to that further on in this post. But one thing is also very, very true. And that is the rise of stocks, like Airbnb, that are signaling market moments rarely seen in history.
Airbnb's market cap is nearing $100 billion.
Airbnb's CEO recently was on Bloomberg essentially saying how speechless he was at the valuation of Airbnb, especially when you consider he had a debt financing round at the start of the crisis at a *much* lower valuation.
The money is flowing.
The bull market is back.
Asset light companies are rising.
Platform stocks are booming.
Airbnb is a fantastic company. But even I am baffled at the $100 billion valuation. Especially on about $4 billion in revenue. This should make any investor or trader think.
For me, it means one thing: how much higher can we realistically go? There are tech companies currently trading at 50x sales and 100x earnings. The multiple expansion is remarkable. And so far there's no sign of it slowing down. Deep down, however, I think we all know there is a point, and there always is, where the return of your money becomes more important than the return on your money.
I have no position in Airbnb, but am using it as a barometer for the market! Have a great week everyone and thanks for reading.
TL;DR Airbnb at $100 billion is a remarkable thing. What does it say about market sentiment in general?
ABNB Over Priced?AIRBNB INC (ABNB:NASDAQ) Soared upon open last Thursday and doubled in price, but the smaller time frames aren't looking so optimistic. Granted if you obtained a position during the IPO you are sitting on a healthy investment currently.
Im looking at price respecting this Pitchfork currently and we have had a bearish close at the end of last week's trading session.
IMO I think it needs to break the 141.58 level which is currently acting as a short term Equilibrium to view this Bullish until we gain some Higher timeframe data.
With a strong break through the Support level @ 141 and then a failed retest I believe this may continue to respect the Pitchfork boundaries and test the .5 Fib level and even the Previous Low @ 135.45
Using the Visible Range tool we can see that there is a battle @ 141 level and im considering that as a short term Supply Level.
Definitely a company to follow on the Nasdaq.
"DISCLAIMER: NO ADVICE. The information presented here is general in nature and is for education purposes only. Nothing should be considered to be advice. You should consult with an appropriate professional for specific advice tailored to your situation."
Buying IPOs are STUPIDThere are plenty of opportunities to benefit from your "SUPER BULLISH" case on whatever the stock is... but day one being it has a horrible track record. IPOs are not done to make YOU wealthy!!! Including today's NASDAQ:ABNB
My video is not all FUD. I show a simple way to play them with a better chance...
Airbnb — 30% Yield Potential for the Most Anticipated IPO 2020Airbnb, the world-famous online platform for finding and renting private housing around the world, is launching its IPO on December 9. Since its inception, the platform has catered to over 825M customers.
Airbnb IPO: Key Facts
IPO Date: December 9
IPO Cap: USD 28B
Number of Post-IPO Shares: 596.39M
Shares for IPO: 51.90M
IPO Size: USD 2.44B
Starting Price: USD 44 to USD 50 per share
Target Price: USD 65 per share
Underwriters: Morgan Stanley and Goldman Sachs
Potential Market
The company estimates its potential market at $3.4T, of which $1.80T accounts for short-term stay or rent.
The core competition includes Booking Holdings (Booking.com, KAYAK, Priceline.com, and Agoda.com), Expedia Group (Expedia, Vrbo, HomeAway , Hotels.com, Orbitz, and Travelocity), Trip.com Group (Ctrip.com, Trip.com, Qunar, Tongcheng-eLong, and SkyScanner), Meituan Dianping, Fliggy (Alibaba) Despegar, MakeMyTrip, Marriott, Hilton , Accor, Wyndham, and InterContinental, among others.
Financial Figures
In 2018, Airbnb's earnings increased by 43%, in 2019, 32%, while over the nine months of 2020, the earnings went down by 32% due to the pandemic.
The EBIT margin reached -3% in 2017, 1% in 2018, -10% in 2019, and -19% over the nine months of 2020.
The main reason for the rising spending and lower margin is the development cost growth: 16% of earnings in 2018 compared to 20% in 2019 and 27% over the nine months of 2020; the G&A reached 13% in 2018, 15% in 2019, and 17% in January to September 2020.
Forecast
The upside potential may reach 30% of the starting price ($50).
The FCFF model projects a net worth estimate of $39.064B, taking into account the conservative values. The target price is at $65 per share, with a 30% yield potential.