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Is It Too Late to Buy Airbnb After Its Monster Rally? What the Numbers Say
['Trey Thoelcke', 'Wed', 'August', 'At Pm Gmt', 'Min Read']
Yahoo Finance
Quick ReadABNB has rallied 24% past the $173 analyst consensus target, but a 37% free cash flow margin supports the premium valuation.
Management raised full-year guidance to mid-teens revenue growth, with first-time booker growth hitting an 11% four-year high and app bookings up 23%.
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Capital returns are aggressive: $1.1 billion repurchased in the quarter with $3.4 billion remaining on the authorization.