$Airbnb (ABNB.US)$ Airbnb’s Blowout Q2 Free Cash Flow Could ...

$Airbnb(ABNB.US)$ Airbnb’s Blowout Q2 Free Cash Flow Could Propel ABNB Stock Higher.This may not be apparent at first since the travel booking company’s net income loss was $68 million on $1.335 million in sales. But its free cash flow results were simply amazing. As a result, I estimate that ABNB stock could be worth as much as 43.5% more at $249 per share.
But more importantly, Airbnb also reported that its free cash flow (FCF) hit an amazingly high level of $784 million. This is the highest amount of FCF the company has ever made, including compared to Q1 when it made $487 million. This history can be seen at the bottom of page 21 of Airbnb’s shareholder letter.