The Risk-Reward Ratio of Airbnb Looks Negative InvestorPlace 12/23/2020 With Airbnb (NASDAQ: ABNB) trading at a very high valuation and facing a few important, key risks, I believe that the shares’ risk-reward ratio is negative at this point. Consequently, I recommend that investors wait for a large pullback by Airbnb stock before buying its shares. © Provided by InvestorPlace Airbnb (ABNB) app on a smartphone screen The shares are currently trading for 20 times analysts’ average 2021 sales estimate for the company. I believe that many analysts are likely underestimating the strong ...