Airbnb, Inc. Stock Research

Market Summary

USD121.05-0.12

Delayedas of 23 Mar 2023, 01:26 pm

-0.10%

ABNB Alerts

6 major insider sales recently.
Big jump in Earnings (Y/Y)

ABNB Stock Price

ABNB RSI Chart

ABNB Valuation

Market Cap

77.3B

Price/Earnings (Trailing)

40.84

Price/Sales (Trailing)

9.21

EV/EBITDA

35.02

Price/Free Cashflow

22.71

ABNB Price/Sales (Trailing)

ABNB Profitability

Operating Margin

82.15%

EBT Margin

23.68%

Return on Equity

34.05%

Return on Assets

11.8%

Free Cashflow Yield

4.4%

ABNB Fundamentals

ABNB Revenue

Revenue (TTM)

8.4B

Revenue Y/Y

24.09%

Revenue Q/Q

-34.08%

ABNB Earnings

Earnings (TTM)

1.9B

Earnings Y/Y

484.33%

Earnings Q/Q

-73.76%

Price Action

52 Week Range

81.91179.09

(Low)(High)

Last 7 days

-9.1%

Last 30 days

-2.4%

Last 90 days

25.4%

Trailing 12 Months

-21.1%

ABNB Financial Health

Current Ratio

1.86

Debt/Equity

0.38

Debt/Cashflow

1.45

ABNB Investor Care

Shares Dilution (1Y)

2.85%

Financials for Airbnb

* denotes actual numbers (not divided by Millions)
Income Statement (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Revenue	4.6%	8,399	8,030	7,383	6,614	5,992
S&GA Expenses	4.0%	1,516	1,458	1,366	1,301	1,186
R&D Expenses	2.0%	1,502	1,472	1,450	1,425	1,425
EBITDA	15.6%	1,997	1,727	1,309	953	-164
EBITDA Margin	10.5%	0.24*	0.22*	0.18*	0.14*	-0.03*
Earnings Before Taxes	15.8%	1,989	1,717	1,298	858	-300
EBT Margin	10.7%	0.24*	0.21*	0.18*	0.13*	-0.05*
Interest Expenses	-19.2%	8.00	10.00	11.00	10.00	50.00
Net Income	16.2%	1,893	1,629	1,248	801	-352
Net Income Margin	11.1%	0.23*	0.20*	0.17*	0.12*	-0.06*
Free Cahsflow	2.3%	3,405	3,329	2,774	2,762	2,164

* denotes actual numbers (not divided by Millions)
Balance Sheet					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Assets	-0.2%	16,038	16,077	19,059	17,068	13,708
Current Assets	0.0%	14,861	14,867	17,826	15,761	12,386
Cash Equivalents	-1.9%	7,378	7,524	7,838	6,887	6,067
Net PPE	2.1%	121	118	118	143	157
Goodwill	0.5%	650	647	649	652	653
Liabilities	-0.6%	10,478	10,536	13,814	12,331	8,933
Current Liabilities	-0.5%	7,978	8,015	11,287	9,774	6,359
Long Term Debt	-	2,000	-	-	-	-
LT Debt, Current	-	-	-	-	-	-
LT Debt, Non Current	0.1%	1,987	1,986	1,985	1,984	1,983
Shareholder's Equity	0.4%	5,560	5,540	5,245	4,737	4,775
Retained Earnings	-3.1%	-5,965	-5,783	-5,997	-6,376	-6,358
Additional Paid-In Capital	1.7%	11,557	11,365	11,267	11,126	11,140
Accumulated Depreciation	-	379	-	-	-	-
Shares Outstanding	0.0%	639	638	635	-	-

* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Cashflow From Operations	2.4%	3,430	3,350	2,919	2,909	2,313
Share Based Compensation	3.1%	930	902	879	864	899
Cashflow From Investing	86.9%	-28.00	-214	-334	-376	-1,352
Cashflow From Financing	-853.0%	-689	-72.30	1,174	2,056	1,308
Buy Backs	-25.0%	1,500	2,000	0.00	-	-

Risks for ABNB

What is the probability of a big loss on ABNB?

82.3%

Probability that Airbnb stock will be more than 20% underwater in next one year

81.5%

Probability that Airbnb stock will be more than 30% underwater in next one year.

37.8%

Probability that Airbnb stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does ABNB drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Airbnb was unfortunately bought at previous high price.

Drawdowns

Returns for ABNB

Cumulative Returns on ABNB

Which funds bought or sold ABNB recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-03-15	B. Riley Wealth Advisors, Inc.	reduced	-4.12	-421,954	1,498,050	0.04%
2023-03-10	VICTORY CAPITAL MANAGEMENT INC	reduced	-9.01	-14,569,700	41,603,300	0.04%
2023-03-06	Rockefeller Capital Management L.P.	reduced	-74.35	-7,929,000	2,092,000	0.01%
2023-03-03	Crumly & Associates Inc.	sold off	-100	-499,000	-	-%
2023-03-02	OLIVER LAGORE VANVALIN INVESTMENT GROUP	reduced	-73.53	-3,216	784	-%
2023-03-02	LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA	new	-	8,550	8,550	-%
2023-02-28	Mezzasalma Advisors, LLC	reduced	-4.18	-553,775	1,962,220	1.71%
2023-02-28	Voya Investment Management LLC	reduced	-48.75	-49,714,900	11,203,100	0.02%
2023-02-27	Parallax Volatility Advisers, L.P.	reduced	-91.64	-17,634,400	1,287,630	-%
2023-02-27	Cravens & Co Advisors, LLC	new	-	205,542	205,542	0.19%

Latest Funds Activity

Are funds buying ABNB calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own ABNB

No. of Funds

Airbnb News

Schedule 13G FIlings of Airbnb

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2023	sc us (ttgp), ltd.	0%	0	SC 13G/A
Feb 13, 2023	blecharczyk nathan	13.1%	60,105,531	SC 13G/A
Feb 13, 2023	chesky brian	16.0%	76,073,075	SC 13G/A
Feb 13, 2023	gebbia joseph	12.8%	56,962,234	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G/A
Feb 09, 2023	vanguard group inc	5.67%	22,566,540	SC 13G/A
Feb 06, 2023	wellington management group llp	0.00%	0	SC 13G/A
Feb 14, 2022	sequoia capital global growth fund, l.p.	0.9%	3,212,655	SC 13G/A
Feb 14, 2022	andreessen horowitz fund ii, l.p.	0.0%	0	SC 13G/A
Feb 14, 2022	silver lake group, l.l.c.	1.43%	5,026,804	SC 13G/A

ABNB Fair Value

Recent SEC filings of Airbnb

View All Filings

Date Filed	Form Type	Document
Mar 22, 2023	144	Notice of Insider Sale Intent
Mar 21, 2023	144	Notice of Insider Sale Intent
Mar 16, 2023	4	Insider Trading
Mar 07, 2023	4	Insider Trading
Mar 02, 2023	4	Insider Trading
Mar 02, 2023	4	Insider Trading
Mar 01, 2023	4	Insider Trading
Feb 27, 2023	4	Insider Trading
Feb 27, 2023	4	Insider Trading
Feb 23, 2023	4	Insider Trading

Latest Insider Trading transactions for ABNB

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-03-02	Gebbia Joseph	sold	-6,782,160	125	-54,256	-
2023-02-28	Lin Alfred	sold	-	-	-726,648	-
2023-02-28	Lin Alfred	acquired	-	-	3,748,320	-
2023-02-28	SC US (TTGP), LTD.	sold	-	-	-726,648	-
2023-02-28	Lin Alfred	acquired	-	-	63,882	-
2023-02-28	Lin Alfred	acquired	-	-	721,755	-
2023-02-28	SC US (TTGP), LTD.	sold	-	-	-3,937,030	-
2023-02-28	SC US (TTGP), LTD.	acquired	-	-	721,755	-
2023-02-28	Lin Alfred	sold	-	-	-3,937,030	-
2023-02-28	Gebbia Joseph	sold	-168,651,000	124	-1,357,840	-

About Airbnb

Brian Chesky

www.airbnb.com

6130

Airbnb, Inc., together with its subsidiaries, operates a platform that enables hosts to offer stays and experiences to guests worldwide. The company's marketplace model connects hosts and guests online or through mobile devices to book spaces and experiences. It primarily offers private rooms, primary homes, or vacation homes. The company was formerly known as AirBed & Breakfast, Inc. and changed its name to Airbnb, Inc. in November 2010. Airbnb, Inc. was founded in 2007 and is headquartered in San Francisco, California.

ABNB Income Statement

2022-12-31

Consolidated Statements of Operations - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Revenues [Abstract]
Revenue	$ 8,399.0	$ 5,992.0	$ 3,378.0
Costs and expenses:
Cost of revenue	1,499.0	1,156.0	876.0
Operations and support	1,041.0	847.0	878.0
Product development	1,502.0	1,425.0	2,753.0
Sales and marketing	1,516.0	1,186.0	1,175.0
General and administrative	950.0	836.0	1,135.0
Restructuring charges	89.1	112.8	151.4
Total costs and expenses	6,597.0	5,563.0	6,968.0
Income (loss) from operations	1,802.0	429.0	(3,590.0)
Interest income	186.0	13.0	27.0
Interest expense	(24.0)	(438.0)	(172.0)
Other income (expense), net	25.0	(304.0)	(947.0)
Income (loss) before income taxes	1,989.0	(300.0)	(4,682.0)
Provision for (benefit from) income taxes	96.0	52.0	(97.0)
Net income (loss)	$ 1,893.0	$ (352.0)	$ (4,585.0)
Net income (loss) per share attributable to Class A and Class B common stockholders, basic (in USD per share)	$ 2.97	$ (0.57)	$ (16.12)
Net income (loss) per share attributable to Class A and Class B common stockholders, diluted (in USD per share)	$ 2.79	$ (0.57)	$ (16.12)
Weighted-average shares used in computing net income (loss) per share attributable to Class A and Class B common stockholders, basic (in shares)	637	616	284
Weighted-average shares used in computing net income (loss) per share attributable to Class A and Class B common stockholders, diluted (in Shares)	680	616	284

ABNB Balance Sheet

2022-12-31

Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 7,378	$ 6,067
Marketable securities	2,244	2,255
Funds receivable and amounts held on behalf of customers	4,783	3,715
Prepaids and other current assets (including customer receivables of $143 and $200 and allowances of $31 and $39, respectively)	456	349
Total current assets	14,861	12,386
Property and equipment, net	121	157
Operating lease right-of-use assets	138	272
Intangible assets, net	34	52
Goodwill	650	653
Other assets, noncurrent	234	188
Total assets	16,038	13,708
Current liabilities:
Accounts payable	137	118
Operating lease liabilities, current	59	63
Accrued expenses and other current liabilities	1,817	1,559
Funds payable and amounts payable to customers	4,783	3,715
Unearned fees	1,182	904
Total current liabilities	7,978	6,359
Long-term debt	1,987	1,983
Operating lease liabilities, noncurrent	295	372
Other liabilities, noncurrent	218	219
Total liabilities	10,478	8,933
Commitments and contingencies (Note 12)
Stockholders’ equity:
Common stock	0	0
Additional paid-in capital	11,557	11,140
Accumulated other comprehensive loss	(32)	(7)
Accumulated deficit	(5,965)	(6,358)
Total stockholders’ equity	5,560	4,775
Total liabilities and stockholders’ equity	$ 16,038	$ 13,708