1 Big Risk Facing Airbnb Stock
Lots of bearish investors like to take shots at Airbnb (NASDAQ: ABNB) over things like high and not-so-transparent fees, resurgent competition from hotels, and a high valuation on the stock. How material some of these complaints are and how much they will really affect the company and the stock is debatable.
But there is one real risk with Airbnb that needs to be called out: the fact that Airbnb is too reliant on the U.S. market. Right now, the business is flying high thanks to all-time-high travel demand by American consumers. And that performance has helped the stock rally over 50% so far in 2023.
But is Airbnb too reliant on a U.S. travel boom? Is the stock in for some headwinds?
Source Fool.com
travel BV ADR Stock
€0.56
-6.670%
Our community is currently high on travel BV ADR with 4 Buy predictions and 0 Sell predictions.
Based on the current price of 0.56 € the target price of 3 € shows a potential of 439.57% for travel BV ADR which would more than double the current price.
