Airbnb’s Valuation Stands Out Amid Industry Peers

Shares of the vacation property rentals company Airbnb Inc. ABNB are currently trading at a notable premium compared to its peers. Data compiled by Benzinga Pro shows that the company’s stock sells at a valuation 40% higher than the industry average, making it 1.4 times more expensive.

Valuation Overview

Airbnb’s stock has delivered better performance than many of its competitors on a year-to-date basis, although its one-year performance has not met expectations. The stock is trading at approximately 32.362 times over its projected 2026 earnings, whereas the average forward price-to-earnings ratio of its peers is 23.257 times.

Among its closest competitors, Hilton Hotels Corp. HLT approaches Airbnb’s valuation with a forward P/E ratio of 32.05, while Expedia Group Inc. EXPE remains the most affordable, with a ratio of 13.19.

Stocks	Forward P/E	YTD Performance	One Year Performance
Airbnb Inc. ABNB	32.362	9.55%	-5.28%
Booking Holdings Inc. BKNG	23.92	2.22%	44.75%
Marriott International Inc. MAR	28.01	2.81%	13.30%
Royal Caribbean Cruises Ltd. RCL	16.26	6.59%	98.06%
Hilton Hotels Corporation HLT	32.05	6.05%	27.69%
Trip.com Group Ltd. TCOM	17.01	-9.51%	32.24%
Expedia Group Inc. EXPE	13.19	7.67%	46.46%

Technical Analysis Insights

Current technical indicators suggest a bullish trend for Airbnb’s stock. As of Thursday, shares closed at $144.03, below the eight-day simple moving average of $151.47. However, data indicates that the stock is trading above its 20-day, 50-day, and 200-day moving averages, supporting the positive trend.

Momentum indicators are also showing strong signals. The moving average convergence divergence (MACD) reading at 3.97 reflects positive short-term momentum, while a relative strength index (RSI) of 53.64 suggests neutral market conditions.

Price Movement Summary

On Wednesday, ABNB saw an increase of 1.75%, outperforming the 0.24% rise of the Invesco QQQ Trust, Series 1 QQQ, which tracks the Nasdaq 100 index. The stock opened 0.19% higher in premarket trading on Thursday.

Benzinga tracks 35 analysts with an average price target of $145.87 for the stock, indicating a “hold” rating. Estimates vary widely, ranging from $90 to $200. Recent average ratings from Susquehanna, UBS, and B. Riley Securities suggest a price of $168.33, implying a potential upside of 16.66%.

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