Abnb stock price forecast analysts tracking consumer travel

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Analysts tracking consumer travel trends project ABNB stock price forecast in the $160–$168 range by Q4, underpinned by consistent double-digit booking growth. Diving deeper into the forecasts for Airbnb mentioned earlier will help you understand how analysts view the stock going forward. At Simply Wall St, we have the analysts estimates which you can view by clicking here . Management’s Q3 revenue guidance of $4.02 to $4.1 billion represents about 8% year-over-year growth, a deceleration from the 12% the company just reported in Q2. It also seems to confirm that the economy may not be as strong as expected and suggests that investors may not want to buy this dip. Airbnb’s stable cash flow generation strengthens ABNB stock price forecast, with conservative models placing Q4 targets near $166, despite rate hike risks.

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