What is Wall Street’s target price for Airbnb Inc (ABNB) stock on Thursday?

Wall Street is positive on Airbnb Inc (ABNB). On average, analysts give the stock a buy rating. The average price target is $163.88, which means analysts expect the stock to rise 40.22% over the next twelve months. This average ranking gives the stock an analyst rating of 18, which is better than 18% of stocks based on data compiled by InvestorsObserver.

Wall Street analysts rate ABNB as a buy today. Find out what this means for you and get the rest of the rankings on ABNB!

Why are analyst ratings important?

Analytical research by professionals can be extremely helpful when making stock market investment decisions. Analysts are able to observe industries in detail and learn how geographic impacts can affect a company’s bottom line. This information allows investors to make decisions ahead of the curve.

InvestorsObserver combines the ratings of these analysts and ranks them into percentiles. This gives you the ability to compare stocks in a comprehensive fashion as opposed to a standard buy/hold/sell valuation.

What’s going on with Airbnb Inc stock today?

Airbnb Inc (ABNB) stock rose 1.61% while the S&P 500 fell -0.2% at 11:03 a.m. Thursday, August 4. ABNB is $1.85 higher than the previous closing price of $115.02 on volume of 3,355,200 shares. Over the past year, the S&P 500 has fallen -5.81% while ABNB has fallen -20.71%. ABNB has earned $1.83 per share over the past 12 months, giving it a price-earnings ratio of 63.8. Click here for the full Airbnb Inc. stock report.

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Eleanor C. William