damedeeso/iStock via Getty Images
A brief look back
I last covered Airbnb (NASDAQ:ABNB) in November 2023 (time flies!). The article put a hold rating on the stock, with a price target of buying near $100. Here is my rating history:
Airbnb Could Be A Strong Buy Soon
Airbnb, Inc. (ABNB) Stock1 Comment
Summary
- The recent stock price meltdown makes it more attractive.
- However, slowing top-line growth and consumer demand is a challenge.
- The lean business model, terrific cash flow, and stock repurchase plan are bullish, but only at the right price.
Recommended For You
