Airbnb Is Nearly 40% More Expensive Than Its Rivals: Here's What Key Indicators For ABNB Stock Reveal

Shares of the vacation property rentals company Airbnb Inc. (NASDAQ:ABNB) were trading at a premium compared to its peers. According to data compiled by Benzinga Pro, the stock trades at a valuation 40% higher than the industry average, or 1.4 times as expensive

Valuation Picture: While the shares of Airbnb have outperformed its peers on a year-to-date basis, its one-year performance has been disappointing.

The stock was trading at a price nearly 32.362 times over its 2026 earnings, according to Benzinga Pro data. At the same time, the average forward price-to-earnings of its peers stand at 23.257 times.

While Hilton Hotels Corp. (NYSE:HLT) is close to ABNB’s valuation with a 32.05 times forward price-to-earnings ratio, Expedia Group Inc. (NASDAQ:EXPE) is the most affordable among the peers with a ratio of 13.19x.

See Also: Jensen Huang’s Nvidia Fuels ‘AI Factory’ Boom: Revenue Growth In Data Center Business Dominates Peers With A Staggering 3460% Growth Over 5 Years

Technical Analysis: Daily moving averages suggest a bullish trend for Airbnb's stock.

The shares closed at $144.03 apiece on Thursday. This was below its eight-day simple moving average of $151.47. However, according to Benzinga Pro data, the stock is trading above its 20-day, 50-day, and 200-day moving averages, reinforcing the bullish outlook.

On the other hand, the momentum indicators were also strong. The moving average convergence divergence (MACD) reading of 3.97 signals positive short-term momentum, while a relative strength index (RSI) of 53.64 indicates neutral market conditions.

Price Action: ABNB rose 1.75% on Wednesday, this outpaced the 0.24% rise in the Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), which tracks the Nasdaq 100 index. The stock was trading 0.19% higher in premarket on Thursday.

Benzinga tracks 35 analysts with an average price target of $145.87 for the stock, reflecting a “hold” rating. Estimates range widely from $90 to $200. Recent ratings from Susquehanna, UBS, and B. Riley Securities average $168.33, suggesting a potential 16.66% upside.

Read Next:

• Billionaire Ray Dalio Says AI Risks ‘Totalitarian Control Or Anarchy’ As It Could Reshape World In Next 5 Years: Here Are AI-Linked ETFs For Investors To Consider

Photo courtesy: Shutterstock