Airbnb Inc. (ABNB), also known as Airbnb, is an American marketplace for lodging and homestays. It was first realized in 2007 when the founders hosted three guests in their home in San Francisco. Airbnb was founded in 2008 and has grown exponentially since. Today, it’s the most well-known online lodging marketplace and offers a variety of experiences, including those in homes, cabins, and more. ABNB became a publicly-traded company in December 2020. I am neutral on Airbnb as it has a strong competitive position, a promising long-term growth runway, Wall Street analysts are generally bullish on the stock, and the average price target implies substantial upside over the next year.
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