Airbnb Inc traded at $122.01 this Monday February 23rd, decreasing $5.88 or 4.60 percent since the previous trading session. Looking back, over the last four weeks, Airbnb lost 8.53 percent. Over the last 12 months, its price fell by 15.75 percent. Looking ahead, we forecast Airbnb Inc to be priced at 123.93 by the end of this quarter and at 112.75 in one year, according to Trading Economics global macro models projections and analysts expectations.
Airbnb, Inc. operates a global platform for stays and experiences. The Company’s marketplace model connects hosts and guests online or through mobile devices to book spaces and experiences around the world. It built its platform to onboard new hosts, especially those who previously had not considered hosting. It partners with hosts throughout the process of setting up their listing and provides them with a suite of tools to manage their listings, including scheduling, merchandising, integrated payments, community support, host protection, pricing guidance, and feedback from reviews. Its Website and mobile applications provide its guests with a way to explore a variety of homes and experiences and an easy way to book them. Its technology platform powers its two-sided marketplace and enables its global network of hosts and guests. The Company owns a trademark portfolio with protection in 170 countries in which it operates for its primary brands, AIRBNB, and its Belo logo.