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ERROR: type should be string, got "https://www.cnbc.com/2022/02/15/airbnb-abnb-earnings-q4-2021.html\nAirbnb beat Wall Street estimates on earnings and revenue in its fourth quarter, as the travel company continued to rebound from the Covid-19 pandemic.\n\nThe company’s stock jumped more than 7% in after hours trading.\n\nHere are the key numbers:\n\nEarnings per share: 8 cents vs. 3 cents expected in a Refinitiv survey of analysts Revenue: $1.53 billion vs. $1.46 billion expected by Refinitiv Airbnb expects first-quarter 2022 nights and experiences booked to significantly exceed Q1 2019 levels. It estimates revenue to fall between $1.41 billion and $1.48 billion in the first quarter of 2022, topping analyst estimates of $1.24 billion.\n\nThe company reported 73.4 million nights and experiences booked in the fourth quarter, down nearly 8% from the prior quarter and missing estimates. Analysts were expecting 74.96 million nights and experiences for the quarter, according to StreetAccount. Still, the figure is up 59% year-over-year, when the Covid-19 pandemic weighed heavily on the travel industry.\n\nAirbnb said in its fourth-quarter letter to shareholders that it has rebounded quickly from the impacts of the pandemic. The company said the negative effects of omicron on bookings and cancellations were lower than it experienced with the delta variant. Gross nights booked in December were up more than 40% compared to 2020, the company said.\n\n“Despite the continued near-term uncertainties, we see evidence of strong pent-up demand: as of the end of January 2022, we had over 25% more nights booked for the summer travel season than at this time in 2019,” the company wrote.\n\nRevenue for the fourth quarter came in at $1.5 billion, up 78% year over year. Airbnb reported $55 million in net income, its first Q4 profit. It’s a decrease from the prior quarter but a huge improvement from the $3.89 billion net loss it posted in Q4 2020.\n\nGross booking value, which Airbnb uses to track host earnings, service fees, cleaning fees and taxes, totaled $11.3 billion in the fourth quarter, slightly over Wall Street estimates of $11.08 billion, according to StreetAccount.\n\nAverage daily rates rose 20% from a year ago to $154 in the fourth quarter.\n\nAirbnb has spent much of its time focusing on a sort of “travel revolution,” as remote work becomes a more permanent option for many across the U.S.\n\nAs a result, Airbnb said average trip length during the past two years increased by about 15%, with stays of more than seven days now representing nearly half of all gross nights booked. Meantime, long-term stays of 28 nights or more continued to be its fastest-growing category by trip length. Those extended stays accounted for 22% of gross nights booked in the fourth quarter, up 16% from Q4 2019.\n\nThe company said it had its greatest number of listings yet, but did not provide a figure.\n\nShares are up 5% in AH."

ERROR: type should be string, got "https://preview.redd.it/5ksb7wu5pix61.png?width=1450&format=png&auto=webp&s=ab7078b8199c807dc72f18a9bf66930c6483c509\n\nThesis/TLDR: Buy ABNB.\n\nAirBNB (ABNB) is undervalued and will bounce leading up to and beyond it's earnings date on 5/13/21.\n\nCurrent Price: $153/shareMy Target Price: $185 by end of May\n\nIt is my intention to purchase additional calls if the price continues to drop leading up to earnings date. I may also accumulate additional shares.\n\n​\n\nABNB and IPO'ed in December, hit a low of $122 shortly thereafter before finding a high of $219 on Feb 11th. It has trended downward since.\n\nThis is a heavily shorted stock with 22% short interest reported. Detractors believe the stock to be overpriced and will argue that the pandemic will continue to weigh on revenues and that the stock will see outsized competition from hotel groups other travel sites like VRBO. Regional legal challenges also remain a significant factor.\n\nThese issues noted, I believe this is a growth stock with it's best days ahead of it and the recent drop in price to be overdone. The whole thing reeks of manipulation to me. This is the \"go to\" vacation rental stock for so many areas and generally has a better reputation and much more momentum than it's competition. Larger trends and the pro/cons of airbnb aside, I believe that the earnings and guidance presented next week will set into motion what will be a relatively quick rise to $185 and beyond in weeks to follow."