In the latest close session, Airbnb, Inc. (ABNB) was up +1.61% at $163.22. The stock's performance was ahead of the S&P 500's daily loss of 0.47%. Meanwhile, the Dow experienced a rise of 0.1%, and the technology-dominated Nasdaq saw a decrease of 1.25%.
Heading into today, shares of the company had lost 5.31% over the past month, lagging the Consumer Discretionary sector's loss of 2.96% and the S&P 500's gain of 1.15%.
Market participants will be closely following the financial results of Airbnb, Inc. in its upcoming release. The company plans to announce its earnings on November 5, 2026. On that day, Airbnb, Inc. is projected to report earnings of $2.89 per share, which would represent year-over-year growth of 30.77%. Simultaneously, our latest consensus estimate expects the revenue to be $4.75 billion, showing a 15.89% escalation compared to the year-ago quarter.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $5.28 per share and a revenue of $14.15 billion, indicating changes of +31.02% and +15.63%, respectively, from the former year.
Investors should also take note of any recent adjustments to analyst estimates for Airbnb, Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 1.1% upward. Airbnb, Inc. presently features a Zacks Rank of #2 (Buy).
With respect to valuation, Airbnb, Inc. is currently being traded at a Forward P/E ratio of 30.4. This indicates a premium in contrast to its industry's Forward P/E of 15.43.
One should further note that ABNB currently holds a PEG ratio of 1.84. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Leisure and Recreation Services was holding an average PEG ratio of 1.14 at yesterday's closing price.
The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. This industry, currently bearing a Zacks Industry Rank of 179, finds itself in the bottom 28% echelons of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow ABNB in the coming trading sessions, be sure to utilize Zacks.com.
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Airbnb, Inc. (ABNB): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).