Airbnb, Inc. (ABNB) – Strong financial results and speedy recovery

Airbnb, Inc. (ABNB) (Q2FY23)

Stock performance: Airbnb stock price showed an upward trend in the past 3-month period and gave a 7% return. The price rose by 24% in the past 1 year. The stock has a 52-week high of $154.95 and a 52-week low of $81.91.

Quarter Performance: In Q2FY23, revenue was $2.5bn, representing a year-over-year increase of 18%. The increase in revenue was driven by the strong growth in Nights and Experiences Booked and stable ADR. In the six-month period, revenue rose 19% to $4.3bn as compared to $3.61bn in the prior period.

Guidance for Q3FY23: revenue growth is expected to be between $3.3bn and $3.4bn, representing a Y/Y of between 14% and 18%.

Highlights

ABNB’s growth has hurt established hotels in various markets, and they’ve introduced ABNB Rooms for private room bookings. The travel sector’s resurgence has fueled their continued success, with over 115mn Nights and Experiences Booked in the second quarter, making Airbnb a top lodging choice.

This report is useful for M&A, business & investment analysis to all students, researchers, investors, private equity houses, broking firms, hedge funds, advisory firms and corporates to decide upon their investment strategies. Do connect with us, if you are looking for equity valuation, recommendation, analysis and market recommendation for any specific company, sector and industry.

Highlights

Valuation

– Enterprise Value
– CrispIdea Forecast
– Economic Value Added Analysis
– P/E Analysis
– Peer Valuation
– CrispIdea Forecast Relative to Consensus
– Consensus History and Surprise
– Consensus Momentum

Actual & Historical Performance

– Income Statement
– Balance Sheet
– Cash Flow
– 10-Year Historical Performance
– Ratio Analysis
– Segment Performance
– Key Metrics
– M&A Deals

Peer Performance

– Summary
– Profitability
– Growth
– Price Performance

Ownership

Stock Price Performance

Crispidea Coverage

No of Pages: 31

To download the previous quarter’s equity/report CLICK HERE

To Download other equity/reports CLICK HERE

Follow our LinkedIn page for more updates.