In today's video I look at fundamentals, financial metrics, and recent news for Airbnb (ABNB 1.15%) and Square (SQ 1.44%). Below I share a few highlights from the video.
- Analysts have noted that Airbnb could see higher revenue than expected in Q2 2021 due to pent-up demand and longer stay times. During Airbnb's Q1 2021 earnings, management did state that nearly 24% of bookings in Q1 were for long-term stays.
- Square continues to expand the solutions it provides to other businesses. On July 14, Square acquired Crew, a software platform that helps teams communicate at work. Crew allows companies and groups to manage shifts and meetings, track tasks, view sales made on Square's platforms, and much more.
- Square has exceptional fundamentals when you look at the trailing 12 months. The company has reported strong revenue growth, positive cash flow from operations, profitable earnings, and more cash and short-term investments than debt.
*Stock prices used were the closing prices of July 19, 2021. The video was published on July 19, 2021.
