Based on the recent news and technical analysis, here's the prediction for ABNB's stock price for the next trading week (March 3-7, 2025):
Technical Analysis
The stock has shown weakness recently, declining nearly 12% over six sessions before a slight recovery. Current price at $143.93 represents a critical support level.
Fundamental Factors
Key Price Drivers
Price Prediction for Next Week
Based on technical indicators and recent news sentiment:
Target Prices:
Trading Recommendation SELL with the following reasoning:
Set stop-loss at $146 to protect against unexpected upside moves.
The price of ABNB is predicted to go up 50.18%, based on the high correlation periods with API. The similarity of these two price pattern on the periods is 97.54%.
ABNB
API
Airbnb's network has reached critical-mass scale, supported by its leading booking share of the alternative accommodation market and ongoing expansion into experiences.
Mobile application usage is increasing rapidly, and Airbnb has strong global awareness, which aids its roughly 90% of traffic that comes directly and through unpaid searches to its platform.
Airbnb stands to benefit from worker flexibility driving higher long-term travel demand, aided by higher-income occupations in fields like technology, finance, legal, and architecture.
Benchmark
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Price Target
$150 → $178
Upside
+10.11%
Canaccord Genuity
2025-02-14
Price Target
$165 → $190
Upside
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DA Davidson
2025-02-14
Price Target
$131 → $170
Upside
+5.16%