Markets News
Stocks1 min read
Airbnb’s bookings and cash margins underpin StockStory’s bullish view
The publisher cited rising bookings and strong two-year margins, while Airbnb shares traded lower in Tuesday afternoon data.
Key takeaways
- Airbnb reported 148 million nights and experiences booked in its latest quarter, up 9.3% annually over two years.
- StockStory said Airbnb averaged a 36.8% free cash flow margin over the last two years.
StockStory pointed to Airbnb’s booking growth and profitability as reasons for its positive view of the company. It said nights and experiences booked reached 148 million in the latest quarter, rising 9.3% annually over the past two years.
The publisher also cited Airbnb’s margins, saying the company averaged a 35.6% EBITDA margin and a 36.8% free cash flow margin over the same period.
As of 16:43 UTC Tuesday, Airbnb shares traded at $160.94, down 1.91% since the previous close.
Topics
Further reading
This article was produced with the help of AI technology. Source: Yahoo Finance
