Airbnb (ABNB) presents a bullish thesis with a trailing P/E of 35.74, market capitalization of $85.7B, TTM revenue of $12.65B, and EPS of $4.04. Quarterly revenue growth of 17.9% YoY and forward P/E of 27.78 signal continued expansion in the travel sector as global mobility normalizes.
Key catalysts include robust earnings momentum with 17.9% YoY revenue growth, an analyst consensus target price of $156.47 backed by 22 buy/strong-buy ratings versus only 2 holds, and ongoing platform enhancements in long-term stays and experiences driving higher user engagement and market share gains.
Regulatory scrutiny on short-term rentals, intense competition from Booking Holdings, and potential macro slowdowns in consumer discretionary spending represent primary risks; these are mitigated by Airbnb's strong brand moat, geographic diversification, and 88.6% institutional ownership providing stability.
Analysis generated by HeyTheo AI based on SEC filings, earnings transcripts, and market data.
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Airbnb, Inc. is an American company that operates an online marketplace for lodging, primarily homestays for vacation rentals, and tourism activities, based in San Francisco, California.
Fundamental Snapshot
Revenue
12.647B
EBITDA
2.619B
Gross Profit
10.486B
Operating Margin
3.2%
Profit Margin
19.9%
ROE
32.3%
Book Value
$12.83
Beta
1.159
52-Wk High
$147.27
52-Wk Low
$110.81
Avg Volume
5.7002M
PEG Ratio
1.334
Frequently Asked Questions
What is Airbnb's business model?
Airbnb operates an online marketplace connecting hosts offering short-term rentals and experiences with travelers worldwide. The company earns commissions on bookings without owning properties, generating $12.65B in TTM revenue primarily from service fees.
What are Airbnb's main revenue sources?
Revenue comes mainly from host and guest service fees on lodging bookings, plus growing contributions from experiences and long-term stays. TTM revenue reached $12.65B with 17.9% YoY quarterly growth, and no dividend is paid (yield null).
What competitive advantages does Airbnb have?
Airbnb benefits from network effects, a global brand, and data-driven personalization that Booking Holdings and hotels struggle to match. Its 35.74 trailing P/E and $85.7B market cap reflect strong positioning, supported by 1.159 beta and 88.6% institutional ownership.
What are the key risks for ABNB investors?
Regulatory bans on short-term rentals, competition, and macro headwinds like reduced travel spending pose risks. The latest quarter ended 2026-03-31; mitigation comes from diversification and a forward P/E of 27.78 indicating analyst confidence.
What is the growth outlook for Airbnb?
Analysts see upside with a $156.47 target price and mostly buy ratings. Growth is driven by 17.9% revenue expansion and platform innovations, though the stock trades near its 50-day moving average of 137.15 amid a 52-week range of 110.81-147.58.
