FMP
Apr 24, 2024 3:52 PM - Davit Kirakosyan
Mizuho analysts boosted their rating on Airbnb (NASDAQ:ABNB) to Buy from Neutral and increased their price target to $200 from $150.
The analysts highlighted three key factors behind the upgrade: the anticipated introduction of sponsored listings, which they expect could significantly boost EBITDA in the long term; a reassessment of the consensus estimates for fiscal 2024 room night growth that mitigates downside risk; and the potential for surpassing room night growth expectations due to increased demand from the upcoming Summer Olympics and market share gains resulting from higher hotel prices.
Consequently, the analysts adjusted their 2027 EBITDA forecast upwards by 15% to $6.8 billion, positioning their expectations 15% higher than consensus.
Sep 11, 2023 1:38 PM - Rajnish Katharotiya
Price to Earnings is one of the key metrics use to value companies using multiples. The P/E ratio and other multiples are relative valuation metrics and they cannot be looked at in isolation. One of the problems with the P/E metric is the fact that if we are in the peak of a business cycle, earni...
Sep 11, 2023 1:49 PM - Rajnish Katharotiya
Price-to-Earnings ratio is a relative valuation tool. It is used by investors to find great companies at low prices. In this post, we will build a Python script to calculate Price Earnings Ratio for comparable companies. Photo by Skitterphoto on Pexels Price Earnings Ratio and Comparable Compa...
Oct 17, 2023 3:09 PM - Davit Kirakosyan
Shares of VMware (NYSE:VMW) witnessed a sharp drop of 12% intra-day today due to rising concerns about China's review of the company's significant sale deal to Broadcom. Consequently, Broadcom's shares also saw a dip of around 4%. Even though there aren’t any apparent problems with the proposed solu...