Airbnb is a popular online marketplace where users can list a home or apartment for vacation or other short-term stays. It boasts 7 million listings worldwide, including 4,900 castles and 2,400 tree houses.
Many investors and analysts have been waiting for Airbnb to go public now that Uber (UBER - Free Report) and Pinterest (PINS - Free Report) IPO’d. However, market sentiment towards these unicorns has certainly soured—just look at the negative reaction to WeWork’s plans to IPO, and the subsequent fallout.
Airbnb did say it was profitable on an EBITDA basis in 2018 and has been cumulatively free cash flow positive since its launch. But, the company may also choose to go the direct listing route, following in the footsteps of Spotify (SPOT - Free Report) and Slack . It was most recently valued at $31 billion, which is only about $12 billion less than Marriott’s (MAR) market cap.
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
See the pot trades we're targeting>>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Airbnb is a popular online marketplace where users can list a home or apartment for vacation or other short-term stays. It boasts 7 million listings worldwide, including 4,900 castles and 2,400 tree houses.
Many investors and analysts have been waiting for Airbnb to go public now that Uber (UBER - Free Report) and Pinterest (PINS - Free Report) IPO’d. However, market sentiment towards these unicorns has certainly soured—just look at the negative reaction to WeWork’s plans to IPO, and the subsequent fallout.
Airbnb did say it was profitable on an EBITDA basis in 2018 and has been cumulatively free cash flow positive since its launch. But, the company may also choose to go the direct listing route, following in the footsteps of Spotify (SPOT - Free Report) and Slack . It was most recently valued at $31 billion, which is only about $12 billion less than Marriott’s (MAR) market cap.
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
See the pot trades we're targeting>>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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