"Airbnb is discussed as a company that, similar to Booking Holdings in the past, may continue buying back stock. Despite a current buyback yield of around 5.5% and a modest annual share reduction, there is potential for acceleration once the stock is in a drawn down state."
Airbnb is considered a viable pick for share cannibalism owing to its strong cash flow dynamics and potential for accelerated buybacks if the valuation becomes more attractive, keeping in mind risks of a multiple rerating.
6 Future Share Cannibals; Ryan’s New Favorite Small-Cap; Mark Leonard Tribute $CSU
September 26, 2025
Company Opinion