Airbnb Q3 2024 Earnings/Stock Analysis 📊
Airbnb Q3 2024 results are hot off the press! Revenue grew 10% to $3.7B (all time high), and the company is planning to launch 1-2 new $1B+ revenue businesses next year, and every year going forward. On the conference call Brian Chesky kept comparing Airbnb today to Amazon when they were selling just books. Chesky sees the company expanding well beyond travel into new products and services. This will mean investments in growth will ramp next year. Airbnb is moving to be on offense and growth mode, and exciting inflection point. Let me know what you think in the comments below! $ABNB
Airbnb financial data on Main Street Data: https://mainstreetdata.com/ABNB
Airbnb Investor Relations (where you can find Q3 2024 shareholder letter): https://investors.airbnb.com/home/def...
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Disclaimer: I'm long Airbnb stock. Nothing in this show is financial advice.