Fintel reports that on November 12, 2024, Phillip Securities downgraded their outlook for Airbnb (XTRA:6Z1) from Neutral to Reduce.
Analyst Price Forecast Suggests 6.76% Downside
As of October 22, 2024, the average one-year price target for Airbnb is 120,73 €/share. The forecasts range from a low of 74,02 € to a high of 187,57 €. The average price target represents a decrease of 6.76% from its latest reported closing price of 129,48 € / share.
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The projected annual revenue for Airbnb is 11,263MM, an increase of 3.90%. The projected annual non-GAAP EPS is 4.05.
What is the Fund Sentiment?
There are 1,979 funds or institutions reporting positions in Airbnb. This is an decrease of 49 owner(s) or 2.42% in the last quarter. Average portfolio weight of all funds dedicated to 6Z1 is 0.34%, an increase of 11.75%. Total shares owned by institutions increased in the last three months by 2.77% to 379,724K shares.
What are Other Shareholders Doing?
Capital World Investors holds 14,245K shares representing 3.29% ownership of the company. In its prior filing, the firm reported owning 18,117K shares , representing a decrease of 27.18%. The firm decreased its portfolio allocation in 6Z1 by 28.79% over the last quarter.
Edgewood Management holds 13,582K shares representing 3.14% ownership of the company. In its prior filing, the firm reported owning 12,439K shares , representing an increase of 8.42%. The firm decreased its portfolio allocation in 6Z1 by 9.15% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 12,555K shares representing 2.90% ownership of the company. In its prior filing, the firm reported owning 11,716K shares , representing an increase of 6.68%. The firm decreased its portfolio allocation in 6Z1 by 4.22% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 11,331K shares representing 2.62% ownership of the company. In its prior filing, the firm reported owning 10,976K shares , representing an increase of 3.13%. The firm decreased its portfolio allocation in 6Z1 by 10.17% over the last quarter.
Jennison Associates holds 10,816K shares representing 2.50% ownership of the company. In its prior filing, the firm reported owning 13,164K shares , representing a decrease of 21.72%. The firm decreased its portfolio allocation in 6Z1 by 64.37% over the last quarter.
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