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Analysts cut price targets across the U.S. hotel sector as expectations dip on wavering consumer confidence and a drop in inbound international travel.
The S&P 500 Index is clawing back its losses from earlier this year, as investor sentiment starts to improve. But not all businesses are trading anywhere close to their records.
I upgrade Airbnb to 'Buy' with a $148 target, driven by its strategic expansion into services and experiences beyond accommodations. The redesigned app, launching in summer 2025, introduces new Homes, Experiences, and Services tabs to position ABNB as a holistic travel platform. I expect services and experiences to drive incremental bookings, potentially adding $1.5 billion in revenue and reviving growth above 10% YoY.
A $3,000 investing budget may not sound like a lot, especially when reading about the massive portfolios of many pros. Nonetheless, some investors have built considerable portfolios on less, making such a sum a good place to start.
Zacks.com users have recently been watching Airbnb (ABNB) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Live Updates Live Coverage Has Ended Snowflake Earnings Preview 12:54 pm by Gerelyn Terzo One stock that’s on the radar of Wall Street analysts is Snowflake (NYSE: SNOW) ahead of the company’s earnings this week. The cloud-based AI data storage company is largely expected to come through with flying colors. Firms like Jefferies, Goldman Sachs and Evercore ISI are all expecting Snowflake to outperform considering its resilience throughout the tariff era. Jefferies analysts aren’t wasting any time and have already raised their price target on the stock to $200 per share, reflecting 20.8% upside potential. The markets remain under pressure, including a 0.23% decline in the Nasdaq Composite. S&P 500 Earnings Outlook 11:02 am by Gerelyn Terzo Most of the S&P 500 companies have reported Q1 earnings already, and according to Factset data, the results are largely impressive. Of the companies that have reported already, over three-quarters (78%) of S&P 500 companie
Live Updates Live Coverage Has Ended SNOW Earnings Expectations 1:45 pm by Gerelyn Terzo As earnings season rolls on, Snowflake (Nasdaq: SNOW) is certainly on the radar of Wall Street analysts, with the cloud-based AI data storage firm set to report results this week. Expectations are largely high, anticipating a strong performance from the company. Analyst firms such as Jefferies, Goldman Sachs, and Evercore ISI are all forecasting an outperformance for Snowflake, citing its demonstrated resilience even amid the recent tariff challenges. Jefferies analysts, in particular, have already taken action, boosting their price target on the stock to $200 per share, indicating a potential 20.8% upside. This sense of bullishness comes as the broader markets remain under pressure, including a 0.24% decline in the SPY ETF. Earnings Roundup 11:35 am by Gerelyn Terzo With the first-quarter earnings season still unfolding, the performance of most S&P 500 companies has proven notably robust. Fact
Live Updates Live Coverage Has Ended Q1 Earnings Surprises 12:32 pm by Gerelyn Terzo The bulk of S&P 500 companies have now unveiled their Q1 earnings, and the consensus from FactSet data points to a largely impressive showing. Among those that have already reported, more than three-quarters (78%) of S&P 500 companies posted a positive EPS surprise, while close to two-thirds (62%) also beat their revenue projections. This positive trend, however, is tempered by a warning from JPMorgan CEO Jamie Dimon, who cautions that Wall Street’s earnings estimates on S&P 500 companies have further to decline given persistent tariff uncertainty. The SPX ETF remains lower by 0.42%. Stock Market Outlook: BofA 10:57 am by Gerelyn Terzo According to Bank of America, investor sentiment regarding the wider stock market has seen an uptick. The Wall Street firm’s equity risk-love indicator, which showed deep panic just last month, has most recently registered a neutral position. Shou
Airbnb (ABNB -2.71%) has been trying to "expand beyond the core" for years, and it's finally introduced products that customers can use. Experiences got a new look, and you can now book services on the platform.