ABNB's ~28x forward P/E is unsustainable amidst flattening travel demand and persistent rate environment. Valuation multiples will compress hard. Expect a technical breakdown below $135 support. 80% YES — invalid if Fed pivots aggressively dovish.
ABNB's ~28x forward P/E is unsustainable amidst flattening travel demand and persistent rate environment. Valuation multiples will compress hard. Expect a technical breakdown below $135 support. 80% YES — invalid if Fed pivots aggressively dovish.