Are Wall Street Analysts Bullish on Airbnb Stock?

Valued at a market cap of $85.1 billion, Airbnb, Inc. (ABNB) is a leading global marketplace that connects travelers with a vast network of hosts offering unique accommodations and experiences. The San Francisco, California-based company facilitates a diverse array of stays ranging from private rooms and entire homes to boutique hotels and unconventional properties like villas and treehouses across nearly every country.

This travel services company has underperformed the broader market over the past 52 weeks. Shares of Airbnb have gained 16.6% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 28.5%. Moreover, on a YTD basis, the stock is up 4.5%, compared to SPX’s 6% rise.