3 Must-Know Reasons to Buy Airbnb Stock, and 1 Reason to Steer Clear for Now
Airbnb (NASDAQ: ABNB) handily beat Wall Street expectations when it reported its fourth-quarter 2024 financial results on Feb. 13. Revenue of $2.5 billion and earnings per share of $0.73 for the three-month period were both well ahead of consensus analyst estimates.This explains why shares surged 15% immediately following the news. However, they still trade 32% below their all-time high from about three years ago. Add this to Airbnb's fundamental momentum, and the business might be on your radar.Here are three reasons investors might consider buying this growth stock. But there's also one must-know reason to steer clear of Airbnb for now.Continue reading
Airbnb (NASDAQ: ABNB) handily beat Wall Street expectations when it reported its fourth-quarter 2024 financial results on Feb. 13. Revenue of $2.5 billion and earnings per share of $0.73 for the three-month period were both well ahead of consensus analyst estimates.
This explains why shares surged 15% immediately following the news. However, they still trade 32% below their all-time high from about three years ago. Add this to Airbnb's fundamental momentum, and the business might be on your radar.
Here are three reasons investors might consider buying this growth stock. But there's also one must-know reason to steer clear of Airbnb for now.
