Is Airbnb Stock a Buy After Q3 Earnings?

By Parkev Tatevosian, CFA – Nov 5, 2022 at 7:00AM

NASDAQ: ABNB

Airbnb

Market Cap

$101B

Today's Change

(0.87%) $1.38

Current Price

$159.71

Price as of May 3, 2024, 4:00 p.m. ET

Consumers are unleashing pent-up demand for travel, helping Airbnb's top and bottom lines.

Airbnb (ABNB 0.87%) benefits from the worldwide rebound in travel. The company reported record revenue and profits in the third quarter, but Airbnb's stock price fell anyway. What disappointed investors despite the good earnings? I will cover that in this video and answer if Airbnb stock is a buy right now.

*Stock prices used were the afternoon prices of Nov. 2, 2022. The video was published on Nov. 4, 2022.

Parkev Tatevosian has positions in Airbnb, Inc. The Motley Fool has positions in and recommends Airbnb, Inc. The Motley Fool has a disclosure policy.

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