Etsy Earnings & Outlook, Airbnb improved: Trendticker

00:00 Brad Smith

Now time for some of today's trend kickers. We are watching Etsy and Airbnb to me now. We have my morning short co-moderator Madison Mills. Madison, first, we have to reverse about Etsy's earlier profits after we had reported a sales discussion in the first quarter. Some analysts say that the results were better than feared, but as you can see, falls as you can see. It is currently around 7 and a quarter percent, just about 10 minutes after the trade.

00:29 Madison Mills

Yes. If she somehow stared at the camera for a second, it was because I was waiting for this share price because, given the results of the quarter, I was fascinated by the degree of downward pressure that we are currently looking for on Etsy. What is the problem as typical of many of these income? It is what will happen in the future because the stock market is future -oriented and maybe the reason why they see shares so much. However, the results were better than feared. We had a few bright spots. In contrast to SNAP, advertising revenue was better than expected and also set up demand at Depop. This is their type of vintage platform for consumers there and these results better than feared, although the city is that the shares are probably a range until the direction of the company has more clarity. Keybank also notices the viewpoints for lower profitability, profitability and continued softness, and some of the analysts that come here spoke about how this outlook in the future and the most important problem is, especially if we continue to hear from several companies and even from the business data this morning of a soft macro environment.

01:55 Brad Smith

Yes, it is really interesting, especially since Etsy was one of the companies, viewing investors, and evaluating how the company no longer gives cash here. And since we deal with the creation of services compared to good expenses and the services, the necessary services really get this prioritization. Etsy is one of the shops in which they have also been able to see this kind of correlation in the past. So it is worth pursuing, and this next business Airbnb has been improved to buy neutral at da Davidson. The company creates four important reasons for the upgrade here because we look at Airbnb shares. The stocks have dropped by about 4.6%. Oh yes, I could add that this company will also report income this week.

03:11 Madison Mills

Yes, I think it is fascinating to have this upgrade for buying headline -passing through my feeds this morning, as we made a profit from other travel names, including Norwegian, which showed a lot of weakness in consumers in this quarter. Part of this weakness, which takes place in Airbnb shares, has dropped by more than four and a half percent despite this upgrading from Da Davidson. You notice four reasons here. You talk about the resistance of online leisure travel, also known as you switch to Airbnb instead of using your hotel because it may be a little cheaper. Uh, inventory width and depth and a focus on affordability. Perhaps this is a tailwind for you again if consumers look for an affordable Airbnb compared to a hotel. If you are also talking about the new product cycle, you have a tech stacking development that could make more profit to bring yourself into the future, and you will then talk about the recent evaluation of the company, since the shares of the company last year of last year will talk about the 16.5 times the lower 2025 EBI guideline. So if you talk about this evaluation and then about a few important parts of the company if you potentially move to the advantage in the future.

04:49 Brad Smith

Yes, you know, all due respect and great respect for the team at Da Davidson, but there are some problems that I take with it, and only because of the environment again in the consumer front in which we are in which many consumers normally withdraw from their vacation expenses when they withdraw to some of their vacation expenses, or there are ambiguities how much they spend on points and repetitions. And that was an area in which the type of investors are a little confused when it comes to some of the verbos of the world or the Airbnbs in the world. How can you be able to use some of these points and gain a similar experience that you would do in some other accommodations? As you think of Marriott, think of Hilton, also think of the historical hotel shops. So that's just one that I think it will be interesting to see how business and airbnb will continue to discuss this in this future environment, and we will see what you say about Outlook if you report this week.

05:58 Madison Mills

Really great point there, Brad.