Should You Buy the Dip On Airbnb's Stock?
Airbnb's (NASDAQ: ABNB) stock has done quite well in 2023, up 30% so far. However, prior to its earnings release, it was up nearly 50%. With that significant pullback, some investors may wonder if it's time to purchase some Airbnb shares before another run-up begins.
Let's look at Airbnb's business and see if the stock is a buy.
Airbnb's alternative stay platform has delivered strong results over the past year, even when many were worried that a weaker consumer wouldn't travel as much. Airbnb's first-quarter results directly contradict this notion, as gross booking volume was up 19% year over year, and revenue rose 20% to $1.8 billion.
Source Fool.com
travel BV ADR Stock
€0.56
-6.670%
With 0 Sell predictions and 2 Buy predictions the community sentiment towards the travel BV ADR stock is not clear.
With a target price of 3 € there is potential for a 439.57% increase which would mean more than doubling the current price of 0.56 € for travel BV ADR.
