Airbnb Inc (ABNB) stock analysis
Airbnb Inc (ABNB) clears 2 of this site's 8 mechanical value filters, 5 of 8 Buffett-style checks and 3 of 5 Lynch-style checks. At $175.76 it trades 26.8% above this site's neutral DCF value (a margin of safety of -26.8%). Its earnings quality rates Mixed and it returns +2.1% to shareholders net of dilution. Figures are as of October 23, 2026, from SEC filings and market data refreshed weekly; this is educational analysis, not investment advice.
Data as of October 23, 2026. Refreshed weekly from SEC filings and market data.
What does Airbnb do?
Airbnb runs an online marketplace for short-term home rentals and experiences, earning a service fee from guests and hosts on each booking. It does not own the properties listed.
What stands out about Airbnb?
- The share price implies 14.0% yearly growth. At $175.76, ABNB's free cash flow of $8.12 per share would have to grow 14.0% a year, fading to 2.5% by year 10, for this site's DCF (10% discount rate) to match the price. This site's baseline starts at 8%, so the price asks for more growth than the baseline. Change the assumptions.
- Misses 4 of the 8 value filters. It fails Trailing P/E < 25 (39.11), PEG Ratio < 1.5 (2.22) and Price/Book < 8 (13.49) and 1 more; the other 2 pass and 2 were not evaluated. See every filter.
- The margin of safety is falling. It went from -16% on Oct 7 to -27% on Oct 23 across 5 weekly readings. See the trend.
- Strongest against peers: revenue growth. At 13.6% (peer median 7.7%) it ranks 3rd of 18 among hotels, restaurants & leisure stocks this site tracks. See the ranking.
- Earnings quality: Mixed · 1 flag. accruals −9.9% of assets · 131% of profit arrived as cash · stock comp 13.0% of revenue · share count −3.0% a year. From the latest 10-K (year to Dec 2025). See the Earnings Quality Screener.
How has Airbnb's share price moved?
The interactive price chart needs JavaScript.
Is Airbnb undervalued? The value diligence check
Every value-investing signal this site computes for this stock, gathered in one place: the same real numbers from the tools below, not a new score.
- Margin of safety (DCF) -26.8%
- P/E vs. its own history 39.1x · at/above its priciest point Real range: 18.8x–33.7x over 4 years (net income per diluted share from each fiscal year's 10-K, paired with the real closing price at that fiscal year-end).
- Wall St. analyst rating Buy · 3.78/5 51 analysts this month: 10 strong buy, 21 buy, 19 hold, 1 sell, 0 strong sell (Finnhub). Up from 3.75 last month.
- Altman Z″-Score (bankruptcy risk) 2.10 · Grey zone
- Earnings quality (is the profit real?) Mixed · 1 flag accruals −9.9% of assets · 131% of profit arrived as cash · stock comp 13.0% of revenue · share count −3.0% a year. From the latest 10-K (year to Dec 2025) - see the Earnings Quality Screener for how each check is scored.
- Shareholder yield (cash back to owners) +2.1% net Latest fiscal year (2025): dividends 0.0% + buybacks 3.6% − stock comp 1.5%, as a share of today's market cap. See Shareholder Yield Leaders.
- Capital needed to grow (See's test) n/a (under 8 years of filings)
- PEG (growth at a reasonable price) 2.22 · Well above fair P/E 39.1× ÷ 17.6% a year of growth behind it. 246th lowest of 447 stocks with a usable PEG. Lynch's fair value is a PEG of 1; a very high PEG usually means almost no growth, a very low one a profit spike. See PEG Ratio Ranking.
- Compounder lenses (4) 1 of 4 · misses capital-light (n/a), real profit, price Capital-light growth: cannot be measured (under 8 years of filings); Profit is real: not cleared (1 earnings-quality flag); Cash to owners: cleared; Fair price (PEG): not cleared (PEG 2.22, over 1.5). See Compounders at a Fair Price, which also lets you move the PEG bar.
- Value trap check Clear
- Munger's Inversion Check 2 flags
- Standing vs. sector peers 4 of 6 measures above the median Compared with the 17 other hotels, restaurants & leisure stocks this site tracks: 3 in the top third, 1 in the bottom third.
How does Airbnb compare with its peers?
4 of 6 measures sit above the median of the 17 other hotels, restaurants & leisure stocks tracked here, 3 in the top third and 1 in the bottom third.
- P/E ratiolower is cheaper · peer median 18.2× 39.1× ✕14th of 18
- Free-cash-flow yieldhigher is cheaper · peer median 4.4% 4.6% –8th of 18
- Return on equityhigher is better · peer median 55% 33% –12th of 18
- Net marginhigher is better · peer median 11.7% 20.4% ✓5th of 18
- Revenue growthhigher is better, year on year · peer median 7.7% 13.6% ✓3rd of 18
- Debt / equitylower is safer · peer median 5.84 0.32 ✓3rd of 17
Peers are the stocks this site tracks in the same sector group, not every listed competitor. The bar runs from the weakest peer (left) to the strongest (right); the tick is the middle. Measures that don't apply to a sector (cash-flow yield for banks, debt for financials) are left out.
What would Buffett & Lynch say?
Buffett's checklist is built around durable, profitable businesses bought at sensible prices, and ABNB doesn't clear enough of it yet. In its favor: ABNB is currently earning a strong return on shareholders' equity, and has kept that profitability up over five years, not just this year, carries a conservative amount of debt relative to equity, converts sales into profit at healthy margins, and trades at a reasonable multiple of owner earnings, his own term for the real cash a business could pay out. Where it comes up short: ABNB hasn't grown earnings per share fast enough over five years to impress him, doesn't cover its interest expense as comfortably as he'd want, and is trading above what a conservative discounted-cash-flow estimate says it's worth right now.
- ROE (TTM) > 11% ✓
- ROE (5yr avg) > 11% ✓
- Debt/Equity < 0.5 ✓
- Pretax margin > 15% ✓
- EPS growth (5yr) > 7% ✕
- Interest coverage > 5x ✕
- Trading below intrinsic value (DCF) ✕
- Price vs. owner earnings < 25x ✓
- Bonus: returning capital via buybacks FY2025
Lynch looked for growth stories that weren't overpriced for that growth, and ABNB falls short of his bar. In its favor: ABNB is growing at the modest, GDP-ish pace typical of a slow grower, isn't over-leveraged for a company of its type, and converts earnings into real cash at a reasonable price. Where it comes up short: ABNB doesn't pay much of a dividend, which is the main reason to own a slow grower in the first place, and is priced too rich for how little growth is actually left in the business.
- Dividend yield > 2.5% ✕
- EPS growth 0%-10% ✓
- Debt/Equity < 0.6 ✓
- P/E < 20 ✕
- Price/FCF < 25 ✓
Quantitative approximations of each investor's documented approach, not endorsed by either investor or their estates - commentary, not this site's actual ranking criteria. Buffett never published a numeric checklist: only 2 of his 8 checks here trace to his own documented concepts ("owner earnings," from his 1986 shareholder letter, and "price is what you pay, value is what you get," his case against fixed P/E/P/B ceilings) - the other 6 (ROE, debt, margins, growth, interest coverage) use commonly-cited thresholds that are not numbers he himself published. The 8 hard filters below (plus the Munger check and Graham margin of safety) are this site's real, mechanical screen and are computed completely independently of the checklists above.
Berkshire Hathaway's own filing
Which of the 8 value filters does Airbnb pass?
- Market Cap > $25B $105.2B
- Trailing P/E < 25 39.11
- PEG Ratio < 1.5 2.22
- Price/Book < 8 13.49
- Price/Sales < 7 8.00
- EPS Growth YoY > -5% +33.3%
- vs 50-day MA (±12%) Not evaluated †
- vs 200-day MA (±12%) Not evaluated †
What is Airbnb's margin of safety?
-16% on 2026-10-07 → -27% on 2026-10-23 (5 weekly readings).
Where is Airbnb in its 52-week range?
What is the short interest in Airbnb?
15,163,383 shares short as of 2026-09-30 (FINRA settlement date). Reported twice a month, so this only changes roughly every two weeks, not daily.
What could go wrong with Airbnb? Munger's inversion check
"Invert, always invert." Instead of reasons to buy, these are reasons to hesitate, not a verdict, and not everything worth knowing about a business.
- Margin of safety, even in the bull case +25%
- Short interest under 5% of float 3.7%
- Passes most of the 6 fundamental filters 2/6 passed
- Price run-up backed by value, not just momentum +56% off 52wk low
- Debt/equity stable since 2020 0.63 → 0.24
Doesn't cover circle of competence, management quality, or accounting concerns: those need judgment, not data.
How much have Airbnb shareholders gained per year?
Not enough clean earnings history to compute this for ABNB yet - a loss year in the window breaks the growth math rather than faking a number through it.
An earnings-based proxy, not a stock-price total return - it doesn't capture multiple expansion/contraction or reinvested dividends. EPS from ABNB's own 10-K filings; dividend yield is the current trailing yield on today's price, from the same weekly fetch as the rest of this site.
What do Airbnb's 10-year financials show?
From ABNB's own 10-K filings (SEC EDGAR): up to the last 7 fiscal years. Press any year's bars for the exact figures.
Frequently asked questions about Airbnb
What kind of company is Airbnb?
Airbnb runs an online marketplace for short-term home rentals and experiences, earning a service fee from guests and hosts on each booking. It does not own the properties listed. This site groups it with Hotels, Restaurants & Leisure stocks.
Is Airbnb trading above or below its DCF value?
At $175.76, ABNB trades 26.8% above this site's neutral DCF value of $138.60 per share, a margin of safety of −26.8%. That DCF projects free cash flow for 10 years, with growth starting at 8% and fading to 2.5%, discounted at 10%; it is one set of assumptions, not a forecast. Test your own in the Intrinsic Value Calculator.
How many of this site's 8 value filters does Airbnb pass?
ABNB passes 2 of 8. It passes Market Cap > $25B ($105.2B) and EPS Growth YoY > -5% (+33.3%). It misses Trailing P/E < 25 (39.11), PEG Ratio < 1.5 (2.22), Price/Book < 8 (13.49) and Price/Sales < 7 (8.00). vs 50-day MA (±12%) and vs 200-day MA (±12%) were not evaluated, because the moving-average checks only run on stocks that clear the fundamentals first. The 8-filter list shows every stock that passes all of them.
Are Airbnb's reported earnings reliable?
This site's earnings-quality check rates ABNB Mixed · 1 flag. accruals −9.9% of assets · 131% of profit arrived as cash · stock comp 13.0% of revenue · share count −3.0% a year. From the latest 10-K (year to Dec 2025). Concerns: stock-based compensation (flagged). The five checks are the Beneish M-score (manipulation risk), accruals, cash conversion, stock-based compensation and share dilution; the Earnings Quality Screener shows how each is graded.
How fast has Airbnb grown its revenue and profit?
From fiscal 2019 to fiscal 2025, ABNB's revenue grew from $4.8 billion to $12.2 billion, 16.9% a year. Net income went from −$674 million to $2.5 billion, and its net profit margin from -14.0% to 20.5%. All figures are from ABNB's own 10-K filings (SEC EDGAR) and are shown year by year in the 10-Year Financials section of the card above.
When does Airbnb report earnings next?
Airbnb's next earnings report is expected on November 5, 2026 after the market closes, with analysts expecting earnings of $2.91 per share. Dates come from the Finnhub earnings calendar and can move. In its last 4 quarters it beat the estimate 1 time, by an average of −7.1%.
Where do these numbers come from?
- Financial statements: Airbnb's 10-K annual report for the year ended Dec 31, 2025, filed Feb 12, 2026 (filing index). Every earlier year in the 10-year financials comes from the company's older 10-K filings, all listed on SEC EDGAR.
- Prices and market data: quotes, P/E and analyst ratings from Finnhub; daily price history and the 52-week range from Twelve Data, both refreshed weekly. Short interest comes from FINRA, reported twice a month.
- How to check a figure: click any number in the card above to see its exact source, and read the Editorial Standards for every rule behind the checks.
About this Airbnb Inc analysis
This page shows every value-investing check the site runs on Airbnb Inc (ABNB) in one place: the 8 mechanical filters, the Buffett and Lynch checklists, a margin of safety from a disclosed DCF, earnings quality, shareholder yield and how it ranks against its sector peers. The numbers come from SEC filings and public market data, refreshed weekly, and the same rules apply to every stock on the stock list. See Editorial Standards for the sources and the rules, or run your own filters in the stock screener.