Analysts bullish on Airbnb

San Francisco Airbnb

Analysts were enthused about Airbnb’s long-term prospects, although largely cautious on its pricing, after the platform saw a strong start to trading last month.

One analyst saw Airbnb’s key strength as its lack of reliance on Google, with 91% of guests in the first three quarters of 2020 landing directly or through unpaid channels.

A note from Needham said: “Key upside drivers would be accelerating share gains in the US and Covid abating sooner than expected in 2021, in our view. Our pr

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