AirBNB Is A Buy Before EarningsAirBNB will present its quarterly figures tomorrow.
For us, the share is a buy ahead of earnings for the following reasons:
The share is currently trading along its long-term mean, so there are no signs of any exaggeration in the price. The daily and weekly charts also show a hidden bullish divergence in the OBV. We expect the AirBNB share price to rise to the USD 151 to 156 range in the short term, which corresponds to an increase of around 7 to 10 percent.