Added to YB: 2025-05-21
Pitch date: 2025-05-20
ABNB [neutral]
Airbnb, Inc.
-3.73%
current return
Author Info
@TechFundies has been a tech investor for over 20 years and ran a $1b hedge fund for 10 years. Follow on Twitter.
Company Info
Airbnb, Inc., together with its subsidiaries, operates a platform for stays, experiences, and services worldwide.
Market Cap
$74.5B
Pitch Price
$130.68
Price Target
N/A
Dividend
N/A
EV/EBITDA
24.78
P/E
30.80
EV/Sales
5.37
Sector
Hotels, Restaurants and Leisure
Category
value
Airbnb’s Network Growth, Margins Decline as Valuation Stays Rich at 33x EPS
ABNB (earnings update): Growth continues slowing (N&Bs +8% YoY slowest outside COVID); Q1 EBITDA margin 18.5% vs 19.4% LY; margins flat as they invest in promising new experiences/services. Network expansion challenging despite app improvements. Trades at 33x 2026 GAAP EPS/19x FCF. $6.7B buybacks over 2yrs reduced shares 5%, offsetting $2.9B stock comp.
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