Airbnb Stock Is Too Good to Pass Up

Airbnb stock investors haven't been pleased with Airbnb's (NASDAQ: ABNB) growth rate decelerating, but the company is facing a natural slowdown as the post-pandemic boom in travel spending ends. In this video, Travis Hoium explains why this isn't a big concern for investors.
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0:00 Wall Street Is Wrong About Airbnb
00:47 Q1 2024 Earnings
06:32 Analysis

[@AlessandroOrlandi83]

Liked the company data and commentary!

[@JohnnyFinance-]

Growth is not in line with current EV/Sales mutlipels. Going to stay on the sidelines for now.

[@Dr.Valera]

A very good company!

[@brianmeyer5535]

Are they investing in Tbills with the customer held funds?

[@asymmetricinvesting]

Likely that or equivalent.

[@andriskadaga]

Their cashflow statements seem fuzzy. How does airbnb get $1-2bln more cash from operations than their operating income? Thats happened three years in a row. I cant find any non-cash items in the operating income statement

[@asymmetricinvesting]

Some of it is their negative cash conversion cycle, which means they get customer cash before they have to pay bills (hosts).

[@BlakesFinance]

Interest income