Analysts like Airbnb's latest earnings but still see risks for the short-term rental stock

Airbnb 's latest quarterly earnings outperformed expectations, but most analysts are still concerned about the stock going forward. Several analysts covering the stock reiterated their neutral or sell ratings on Airbnb a day after the company reported its calendar fourth-quarter results, citing ongoing risks for the short-term rental name.

mountain Airbnb after releasing its fourth-quarter earnings Goldman Sachs' Eric Sheridan was even more negative on the stock going forward. He reiterated his sell rating on Airbnb. "Looking toward 2023, we continue to have concerns about a mixture of changed consumer behavior," Sheridan wrote on Wednesday.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Airbnb stock jumps after company reports first profitable year and a strong forecastAirbnb reported fourth-quarter net income of $319 million, or 48 cents a share, compared with $55 million, or 8 cents a share, in the year-ago period. $ABNB rose immediately after the release of the results and a forecast that exceeded estimates:
Source: MarketWatch - 🏆 3. / 97 Read more »

Stocks making the big moves after hours: Airbnb, TripAdvisor, Devon Energy and moreThese are the stocks posting the largest moves after the bell.
Source: CNBC - 🏆 12. / 72 Read more »