- Is Airbnb profitable today? (Nope)
- Will Airbnb be profitable going into the future? (Maybe)
- How can we position ourselves to profit from Airbnb’s growth? (By buying at the right time)
Airbnb launched its IPO with much fanfare in mid-December 2020. Its share price opened at US$146 on the Nasdaq more than twice the IPO price of US$68 and hit a high of US$165 before closing at US$144. This pushes Airbnb’s valuation to above US$100 billion.
The market demand and interest in Airbnb’s shares is clearly high, yet if we were to look at the fundamentals, is Airbnb worth a valuation of above US$100 billion? In order to answer this question, we are going to be looking at three questions, (the short answer is also provided for your convenience)