As Q4 earnings season comes to a close, it’s time to take stock of this quarters’ best and worst performers amongst the consumer internet stocks, including Roku (NASDAQ:ROKU) and its peers.
The ways people shop, transport, communicate, learn and play are undergoing a tremendous, technology-enabled change. Consumer internet companies are playing a key role in lives being transformed, simplified and made more accessible.
The 17 consumer internet stocks we track reported a decent Q4; on average, revenues beat analyst consensus estimates by 2.91%, while on average next quarter revenue guidance was 0.08% under consensus. Tech stocks have had a rocky start in 2022, but consumer internet stocks held their ground better than others, with share price down 8.72% since earnings, on average.
Roku (NASDAQ:ROKU)
Spun out from Netflix, Roku (NASDAQ: ROKU) makes hardware players that offer access to various online streaming TV services.
Roku reported revenues of $865.3 million, up 33.1% year on year, missing analysts' expectations by 3.18%. It was a weak quarter for the company, with an underwhelming revenue guidance for the next quarter and a miss of the top line analysts' estimates.
Roku delivered the weakest performance against analyst estimates of the whole group. The company reported 60.1 million monthly active users, up 17.3% year on year. The stock is down 21.9% since the results and currently trades at $113.
Is now the time to buy Roku? Access our full analysis of the earnings results here, it's free.
Best Q4: Airbnb (NASDAQ:ABNB)
Founded by Joe Gebbia and Brian Chesky by renting out a blowup bed on the floor of their San Francisco apartment, Airbnb (NASDAQ: ABNB) is the world’s largest online marketplace for lodging, primarily homestays.
Airbnb reported revenues of $1.53 billion, up 78.3% year on year, beating analyst expectations by 5.02%. It was a stunning quarter for the company, with a very optimistic guidance for the next quarter and an exceptional revenue growth.
The company reported 73.4 million nights booked, up 58.5% year on year. The stock is down 11.2% since the results and currently trades at $159.89.
Is now the time to buy Airbnb? Access our full analysis of the earnings results here, it's free.
Slowest Q4: Wayfair (NYSE:W)
Launched in 2002 by founder Niraj Shah, Wayfair (NYSE: W) is a leading online retailer for mass market home goods in the US, UK, Canada, and Germany.
Wayfair reported revenues of $3.25 billion, down 11.5% year on year, missing analyst expectations by 0.75%. It was a weak quarter for the company, with declining number of users and a slow revenue growth.
Wayfair had the slowest revenue growth in the group. The company reported 27.3 million active buyers, down 12.5% year on year. The stock is down 7.24% since the results and currently trades at $112.59.
Read our full analysis of Wayfair's results here.
Booking (NASDAQ:BKNG)
Formerly known as The Priceline Group, Booking Holdings (NASDAQ: BKNG) is the world’s largest online travel agency.
Booking reported revenues of $2.98 billion, up 140% year on year, beating analyst expectations by 4.49%. It was an exceptional quarter for the company, with an impressive revenue growth.
The company reported 151 million nights booked, up 98.6% year on year. The stock is down 12.6% since the results and currently trades at $2,170.
Read our full, actionable report on Booking here, it's free.
Fiverr (NYSE:FVRR)
Based in Tel Aviv, Fiverr (NYSE: FVRR) operates a fixed price global freelance marketplace for digital services.
Fiverr reported revenues of $79.7 million, up 42.7% year on year, beating analyst expectations by 3.81%. It was a strong quarter for the company, with a growing number of users and revenue guidance for the full-year above analysts' expectations.
Fiverr had the weakest full year guidance update among the peers. The company reported 4.2 million active buyers, up 23.5% year on year. The stock is down 11.1% since the results and currently trades at $67.40.
Read our full, actionable report on Fiverr here, it's free.
The author has no position in any of the stocks mentioned