ABNB Price Prediction Next Week
Analysis and Insights
News and Sentiment Analysis:
Airbnb (ABNB) has recently shown resilience despite market challenges. The company reported growth in bookings and average daily rates, indicating strong consumer demand. Additionally, management's new business initiatives, inspired by Amazon's success in cloud computing, could provide further upside.
Technical Indicators:
- RSI (14): 44.92, suggesting potential oversold conditions.
- MACD: Currently bearish but showing signs of a potential reversal.
- Fibonacci Levels: Pivot at $126.99, with resistance at $133.40 and $137.37.
Analyst Sentiment:
Analysts have mixed views but lean bullish, with an average target price of $148.85. Recent upgrades, such as Jefferies raising the target to $185, indicate confidence.
Options Trading:
High call option volume, particularly for the $126 strike, suggests investor optimism about a price increase.
Prediction and Recommendation
Based on the analysis, the stock is expected to rise to $137-$140 next week. Buy is recommended due to positive news, analyst upgrades, and potential technical rebound.
ABNB Similar Chart Price Prediction
The price of ABNB is predicted to go up -8.68%, based on the high correlation periods with KRNT. The similarity of these two price pattern on the periods is 98.04%.
ABNB
KRNT
Down: -8.68%Similarity: 98.04%
ABNB Revenue Forecast
ABNB EPS Forecast
ABNB FAQs
What is ABNB revenue forecast for next quarter？
ABNB VS S&P500
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.
ABNB Analyst's Forecast
Colin Sebastian
Baird
Buy
2025-03-25
Price Target
$175 → $160
Upside
+23.22%
Baird lowered the firm's price target on Airbnb to $160 from $175 and keeps an Outperform rating on the shares. The firm said March STR data may be stabilizing as Baird proactively adjusted its estimates.
Patrick Scholes
Truist Securities
Hold
2025-03-21
Price Target
$123 → $112
Downside
-13.02%
Ivan Feinseth
Tigress Financial
Strong Buy
2025-03-14
Price Target
$195 → $200
Upside
+62.87%
