Airbnb (ABNB)-After-hours report on Thursday, November 4th

$愛彼迎 (ABNB.US)$ Wall Street expects Airbnb to earn 75 cents per share on revenue of 2.04 billion U.S. dollars.

Aspect: Can Airbnb maintain a high valuation? Although the company created the home-sharing market, the delta variant of the coronavirus may weaken the company's growth plans. In the past six months, Airbnb’s stock price has fallen by 5%, while the S&P 500 has risen by 10%. This shows that Wall Street is rethinking the value of these stocks, which have outperformed Expedia (EXPE) and TripAdvisor (TRIP).

But Airbnb has an attractive business model and competitive advantage, and is considered superior to its competitors. The company is arguably the most attractive stock in the travel and accommodation industry.

Article excerpted from the US Stock Research Agency