Airbnb Stock IPO S1 Filing - Is ABNB Stock A Buy? (Analysis)
Airbnb has filed their S1 with the SEC in order sell stock in an IPO (Initial Public Offering) in 2020. The stock symbol for Airbnb will be ABNB and will trade on the Nasdaq. I read through the form S1 filing and talk about the pros and cons of the Airbnb stock IPO. Should you buy ABNB stock when it starts trading? Airbnb expects to raise about $3 Billion at a $30 Billion valuation. Since Airbnb has lost $2 Billion since it started, how do you value the IPO stock price? I do an analysis based on the risk factors in the S-1 filing and talk about how much cash they have on hand and if they can weather any more shut downs or a prolonged negative travel industry. Many stock investors may consider the Airbnb IPO to be the best IPO of 2020 and will be following the stock price closely when it goes public.