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Why Airbnb, Inc. (ABNB) Outpaced the Stock Market Today

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Airbnb, Inc. (ABNB - Free Report) closed at $165.82 in the latest trading session, marking a +1.59% move from the prior day. The stock exceeded the S&P 500, which registered a gain of 0.6% for the day. Meanwhile, the Dow gained 0.83%, and the Nasdaq, a tech-heavy index, added 0.64%.

Heading into today, shares of the company had lost 2.64% over the past month, lagging the Consumer Discretionary sector's loss of 0.15% and the S&P 500's gain of 1.34%.

Analysts and investors alike will be keeping a close eye on the performance of Airbnb, Inc. in its upcoming earnings disclosure. The company's earnings report is set to go public on November 5, 2026. The company is predicted to post an EPS of $2.89, indicating a 30.77% growth compared to the equivalent quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $4.75 billion, indicating a 15.89% increase compared to the same quarter of the previous year.

For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $5.28 per share and a revenue of $14.15 billion, representing changes of +31.02% and +15.63%, respectively, from the prior year.

Investors should also note any recent changes to analyst estimates for Airbnb, Inc. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.

Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.

The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.86% higher. Airbnb, Inc. currently has a Zacks Rank of #2 (Buy).

From a valuation perspective, Airbnb, Inc. is currently exchanging hands at a Forward P/E ratio of 30.89. This valuation marks a premium compared to its industry average Forward P/E of 15.33.

Meanwhile, ABNB's PEG ratio is currently 1.87. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As the market closed yesterday, the Leisure and Recreation Services industry was having an average PEG ratio of 1.13.

The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. This industry, currently bearing a Zacks Industry Rank of 169, finds itself in the bottom 32% echelons of all 250+ industries.

The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.

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