Should you buy Airbnb stock? (August 2023)

Airbnb stock analysis. Ticker: ABNB Join 10,000 investors: https://www.overlookedalpha.com Airbnb stock has fallen 13% this month taking the stock down to $132 a share. At that price, the company has a market cap of 85.6 billion dollars. It’s got 10.3 billion of cash and investments and 2 billion of long-term debt. So the enterprise value is 77.3 billion. Revenue over the last 12 months has grown by 23% to 9.1 billion and net income has increased by 41% to 2.3 billion. The company has also reported 3.9 billion of free cash flow. So AirBnb is operating with a gross margin of 82% and a free cash flow margin of 43%. These are impressive financials, and they explain why the stock is expensive at 37 times earnings or 20 times free cash flow. AirBnb is a company that IPO’d during the worst period for travel in 100 years. The company had to adapt and a series of cost-cutting measures has made it a much leaner business. #stocks #investing #abnbstock #stockstobuy