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Stock impact report

Airbnb, Inc. (ABNB): A Bull Case Theory [Yahoo! Finance Canada]

Airbnb, Inc. - Class A (ABNB) 
PlusONE/Shutterstock.com Airbnb, Inc. (ABNB) has established itself as the leading platform for short-term rentals and travel experiences, yet the stock has largely stagnated over the past five years. Following its blockbuster IPO, the stock surged to $212 before declining to the low $80s, reflecting a 46% drawdown from its peak. Despite this, Airbnb's core business has continued to grow impressively. Revenue is projected to nearly double from $6 billion in 2021 to $12 billion in 2025, driven by both its traditional “nights” bookings and its rapidly expanding “Experiences” segment, which allows local experts to host immersive activities. Notably, almost half of all Experience bookings are made independently of room reservations, signaling that Airbnb is creating an entirely new market rather than merely cross-selling to existing customers. The company maintains industry-leading margins, with FY2024 gross margins at 83% and EBITDA margins at 37%, supported by a low-capital model a Show less Read more
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