Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Airbnb, Inc. (ABNB): A Bull Case Theory

We came across a bullish thesis on Airbnb, Inc. (ABNB) on Substack by The Wolf of Harcourt Street. In this article, we will summarize the bulls’ thesis on ABNB. Airbnb, Inc. (ABNB)'s share was trading at $133.20 as of Nov 12th. ABNB’s trailing and forward P/E were 47.71 and 29.24 respectively according to Yahoo Finance.

[caption id="attachment_970847" align="aligncenter" width="768"] Photo by Andrea Davis on Unsplash[/caption]

Airbnb’s Q3 2024 saw solid growth, with Nights and Experiences Booked increasing by 8% year-over-year (YoY), driven by strong momentum toward the...