A caller on the August 26 episode of Mad Money highlighted local neighbors abandoning Airbnb over a forthcoming change that shifts guest fees directly in listing prices. They asked if they should dump their 5% Airbnb, Inc. (NASDAQ:ABNB) holdings and invest in Toll Brothers. Jim Cramer replied:
Well, I do like Toll Brothers very much, but I have to tell you, I think you're an outlier. As I know, the Jersey beaches, they're always trying to figure out how to stop the party houses; I wouldn't worry. Internationally, Airbnb is smoking it. I say you stay long that stock.
Airbnb, Inc.'s (NASDAQ:ABNB) second-quarter revenue rose 17% year over year to $3.6 billion, while gross booking value increased 16% to $27.2 billion and nights and seats booked grew 10% to 148.3 million. Net income reached $816 million, adjusted EBITDA rose 21% to $1.3 billion, and free cash flow was about $1.3 billion. Management raised its 2026 outlook to at least 15% revenue growth and an adjusted EBITDA margin of at least 35.5%.
International growth remains important to the thesis. Airbnb reported stronger growth across major markets, while hotel nights are growing about three times faster than its home business. Hotels still account for a single-digit percentage of total nights, but about 35% of first-time guests who book a hotel on Airbnb later return to book a home.
Management also reported a 16% year-over-year decline in customer-support costs per booking, helped by its AI **** istant, which resolves nearly 45% of issues that begin with it without human intervention. However, the new 15.5% host-paid fee remains a risk because higher listing prices remains a potential host-retention risk.
#airbnb #remains #brothers
Well, I do like Toll Brothers very much, but I have to tell you, I think you're an outlier. As I know, the Jersey beaches, they're always trying to figure out how to stop the party houses; I wouldn't worry. Internationally, Airbnb is smoking it. I say you stay long that stock.
Airbnb, Inc.'s (NASDAQ:ABNB) second-quarter revenue rose 17% year over year to $3.6 billion, while gross booking value increased 16% to $27.2 billion and nights and seats booked grew 10% to 148.3 million. Net income reached $816 million, adjusted EBITDA rose 21% to $1.3 billion, and free cash flow was about $1.3 billion. Management raised its 2026 outlook to at least 15% revenue growth and an adjusted EBITDA margin of at least 35.5%.
International growth remains important to the thesis. Airbnb reported stronger growth across major markets, while hotel nights are growing about three times faster than its home business. Hotels still account for a single-digit percentage of total nights, but about 35% of first-time guests who book a hotel on Airbnb later return to book a home.
Management also reported a 16% year-over-year decline in customer-support costs per booking, helped by its AI **** istant, which resolves nearly 45% of issues that begin with it without human intervention. However, the new 15.5% host-paid fee remains a risk because higher listing prices remains a potential host-retention risk.
#airbnb #remains #brothers
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