Airbnb Inc. (ABNB:NSD) UBS rates as Neutral, Fundamental Analysis is Neutral

Analyst Coverage Change

On Tuesday, January 24th, UBS Securities(Rank#8) issued a research report changing the firm’s coverage on the Airbnb’s stock price.  UBS maintained the “Neutral” on the stock, and raised the 12 month target forecast on the stock to $114 from $112 per share.

UBS Securities Ranking

Stocktargetadvisor ranks UBS as #8 out of 396 analysts in its database, based on the median rating accuracy of +64.79%. This ranking and the high rating accuracy score indicate that UBS’s stock predictions have been accurate on average. As a result, STA has given UBS an “A+” grade for its performance.

UBS’s median target accuracy is at +4.93% of its stock targets, meaning that on average, UBS’s predictions for stock prices have been within 4.93% of the actual prices. Additionally, the median 12-month return on following UBS’s buy/sell/hold advice is +15.79%. This means that on average, an investor who followed UBS’s advice for a 12-month period would have seen a return of 15.79%.

STA’s database contains a large number of stock ratings and price targets from UBS. It has 4,600 stock ratings and 3,943 price targets from UBS for 8 exchange(s) and 180 sector(s). This means that UBS has provided a large number of stock predictions across a wide range of different markets and industries.

Airbnb Stock Forecast & Analysis

Airbnb, has 25 analysts that have a average target price of USD 125.65 for the company’s stock over the next 12 months. Additionally, the average analyst rating for the company is “Buy,” which means that on average, analysts believe the stock will perform well and recommend purchasing it.

Stock Target Advisor’s analysis of Airbnb, Inc. has determined that the stock is “Neutral,” based on 8 positive signals and 7 negative signals. This means that the analysis has identified both positive and negative indicators for the stock, and is not making a strong recommendation for or against purchasing it.

The current stock price for Airbnb, Inc., at the last closing  was USD 105.22. The stock price has changed by +4.83% over the past week, +23.43% over the past month, and -32.87% over the last year. This means that the stock price has increased by 4.83% in the past week, 23.43% in the past month but decreased by 32.87% over the last year.

About Airbnb

Airbnb is a global online marketplace for booking and listing vacation rentals. It allows people to rent out their properties or spare rooms to guests looking for short-term accommodation. The company was founded in 2008 by Brian Chesky, Joe Gebbia, and Nathan Blecharczyk and is headquartered in San Francisco, California.

Airbnb operates in more than 220 countries and regions worldwide and has over 7 million listings available on its platform. Guests can use the website or mobile app to search for and book accommodation, and hosts can use it to list their properties, manage reservations, and communicate with guests.

Airbnb has faced some controversy over the years, with some critics arguing that the platform has led to increased housing prices and shortages, particularly in urban areas. Additionally, the company has faced legal challenges from some cities and countries over zoning and regulation issues. However, despite these challenges, Airbnb has grown to become one of the most popular vacation rental platforms in the world, and has been successful in expanding its business to other areas, such as luxury rentals and tour and activity bookings.

 

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