Is Airbnb Stock a Buy Right Now?
Airbnb (NASDAQ: ABNB) investors will get the next round of earnings results from the room and home rental giant in early August. In that second-quarter report, the company will likely show off solid travel demand for the early summer period.
Optimism around that report is one reason Airbnb stock has rallied so strongly in 2023, even trouncing the roughly 30% spike in the Nasdaq Composite Index.
But that enthusiasm might have pushed shares too high for investors to reasonably expect market-beating returns. With that risk in mind, let's take a closer look at whether Airbnb stock is still a buy given its long-term growth and earnings prospects.
Source Fool.com
