Airbnb share: Chart from 08.11.2024, Price: 140.22 USD - Symbol: ABNB | Source: TWS
We may already be seeing the first signs that the higher marketing expenditure is paying off. At the end of the third quarter, there were already signs of increasing momentum, which continued in Q4 according to preliminary data.
After the number of nights booked in recent quarters consistently increased by a single-digit percentage, double-digit growth is now being recorded again.
This gives reason to hope that the positive trend will continue in the coming year.
As Airbnb fell slightly short of expectations in the third quarter, the share is still trading vorbörslich nevertheless down 4.95 % at USD 140.08.
This gives Airbnb the opportunity to continue buying back its own shares at an attractive price.
In the last 12 months, the number of outstanding shares has been reduced from 681 to 665 million.
Airbnb currently has a P/FCF of 20.1, and while the consensus estimates for the coming year are most likely too low, they suggest that the P/FCF would then fall to 19.
Since Airbnb has been listed, the P/FCF has averaged 29.
In pre-market trading, the share has returned to UnterstützungUSD 140, close to which the upper and upper Aufwärtstrend and the downward trend that has been overcome. Increased buying interest can therefore be expected at this level.
It is therefore quite possible that the spook is already over.
