Airbnb Inc. (ABNB) generated huge free cash flow (FCF) and FCF margins in 2023. This could push ABNB stock’s value over 26% higher at $211.50 per share. It also could make short-put plays attractive to investors for income, especially long investors in the stock. On Feb. 13, 2024, Airbnb released its 2023 earnings and reported that its revenue rose 18% to $9.92 billion. In addition, its FCF rose 12.7% from $3.405 billion to $3.837 billion. As such, it generated a huge 38.7% FCF margin (i.e. $3.84b/$9.92b). This is important since Airbnb can use this FCF to fund its huge buybacks ($2.25 billion…