Shares of the vacation property rentals company Airbnb Inc. (NASDAQ:ABNB) were trading at a premium compared to its peers. According to data compiled by Benzinga Pro, the stock trades at a valuation 40% higher than the industry average, or 1.4 times as expensive
Valuation Picture: While the shares of Airbnb have outperformed its peers on a year-to-date basis, its one-year performance has been disappointing.
The stock was trading at a price nearly 32.362 times over its 2026 earnings, according to Benzinga Pro data. At the same time, the average forward price-to-earnings of its peers stand at 23.257 times.
While Hilton Hotels Corp. (NYSE:HLT) is close to ABNB’s valuation with a 32.05 times forward price-to-earnings ratio, Expedia Group Inc. (NASDAQ:EXPE) is the most affordable among the peers with a ratio of 13.19x.
| Stocks | Forward P/E | YTD Performance | One Year Performance |
| Airbnb Inc. (NASDAQ:ABNB) | 32.362 | 9.55% | -5.28% |
| Booking Holdings Inc. (NASDAQ:BKNG) | 23.92 | 2.22% | 44.75% |
| Marriott International Inc. (NASDAQ:MAR) | 28.01 | 2.81% | 13.30% |
| Royal Caribbean Cruises Ltd. (NYSE:RCL) | 16.26 | 6.59% | 98.06% |
| Hilton Hotels Corporation (NYSE:HLT) | 32.05 | 6.05% | 27.69% |
| Trip.com Group Ltd. (NASDAQ:TCOM) | 17.01 | -9.51% | 32.24% |
| Expedia Group Inc. (NASDAQ:EXPE) | 13.19 | 7.67% | 46.46% |
Technical Analysis: Daily moving averages suggest a bullish trend for Airbnb’s stock.
The shares closed at $144.03 apiece on Thursday. This was below its eight-day simple moving average of $151.47. However, according to Benzinga Pro data, the stock is trading above its 20-day, 50-day, and 200-day moving averages, reinforcing the bullish outlook.
On the other hand, the momentum indicators were also strong. The moving average convergence divergence (MACD) reading of 3.97 signals positive short-term momentum, while a relative strength index (RSI) of 53.64 indicates neutral market conditions.
Price Action: ABNB rose 1.75% on Wednesday, this outpaced the 0.24% rise in the Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), which tracks the Nasdaq 100 index. The stock was trading 0.19% higher in premarket on Thursday.
Benzinga tracks 35 analysts with an average price target of $145.87 for the stock, reflecting a “hold” rating. Estimates range widely from $90 to $200. Recent ratings from Susquehanna, UBS, and B. Riley Securities average $168.33, suggesting a potential 16.66% upside.
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