10 Stocks That Analysts Think Will Go Up

2. Airbnb, Inc. (NASDAQ:ABNB)

Airbnb, Inc. (NASDAQ:ABNB) is a well-known platform for people to look for a place to reside when traveling. It connects people looking for living space to people who want to offer theirs, allowing seamless booking without involving any professional hospitality service provider like hotels.

The stock is up 20% in the last few days and for good reason. First, the company announced its Q4 earnings, registering double-digit growth in revenue as well as bookings. The company’s gross booking values have gone up threefold since its stock hit the market back in 2020. The firm is working on expanding its global footprint to strengthen its core business while simultaneously launching fresh initiatives.

The company’s stock was upgraded yesterday from Hold to Buy, with a price target of $190, a further 20% upside from here on. There are still concerns about the short-term volatility though. The stock has just gained 20% within a short period of time and the market may take some time to digest the new prospects before the stock can continue its next leg up.