Airbnb warns of Delta impact on bookings, shares fall over 4% (Aug. 12)
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Airbnb (ABNB) Tops Q2 Estimates But Stock Slips on Delta Warning, Analysts Divided
August 13, 2021 8:17 AM EDTShares of Airbnb (NASDAQ: ABNB) are down more than 2% in pre-open Friday after the company issued a warning that the Delta variant is hitting bookings.
Airbnb reported Q2 EPS of negative $0.11, vs analyst estimate of negative $0.48. Revenue for the quarter came in at $1.3 billion versus the consensus estimate of $1.23 billion.
The travel rebound is upon us and Airbnb is leading the way. For the past year, weve benefited from the adaptability of our business model, and weve focused on driving product innovations to meet the changing needs of our... More
Airbnb Inc. (ABNB) PT Raised to $200 at Needham & Company
August 13, 2021 6:15 AM EDTNeedham & Company analyst Bernie McTernan raised the price target on Airbnb Inc. (NASDAQ: ABNB) to $200.00 (from $194.00) while maintaining a Buy rating.
The analyst commented, "We reiterate our Buy rating and increase our price target to $200 following ABNB reported better than expected... More
