Meta Platforms (FB); Former Facebook

[winston]

not vested

Here's Why Some Are Saying Facebook's Stock Has Bottomed

DB: “A year from now, if not sooner, this episode will have been a uniquely compelling buying opportunity in the mega cap Internet space.”

The stock has found support at $150 a share, testing that level five times in seven days. Rich Ross, a technical analyst with Evercore ISI, said Monday that the “bullish weekly reversal on critical support makes the stock a strong buy” with a floor at $149.

Source: Bloomberg

https://www.bloomberg.com/news/articles ... s-bottomed

[winston]

not vested

Facebook Inc. (NASDAQ: FB) is actually on this list, but investors should know that this is only the case because of the privacy woes and pullback in the stock price.

The social media giant was given an implied upside of almost 55% to the $240 price target. Also consider that analysts have been slow to lower price targets despite the pullback.

The Credit Suisse call sees continued long-term revenue growth, an underestimated monetization potential of upcoming new products and more products contributing to the mix.

Ending the week at $157.20 a share, Facebook has a 52-week trading range of $137.60 to $195.32. The consensus target price is $218.22, so Credit Suisse’s street-high $240 price target is roughly 10% above average.

Source: 24/7 Wall Street

[winston]

not vested

Cheap Tech Stocks: Facebook (FB)

For RBC Capital’s Mark Mahaney, FB is still his No. 1 Long in large-cap internet stocks. This five-star analyst has just reiterated his bullish take on FB with a $250 price target. With shares down 7% year-to-date, this translates into massive upside potential of over 50%.

According to Mahaney, FB has a key advantage because of its current low market shares — less than 20% of Global Online Advertising and a mid-single-digit percent of Global Total Advertising. This will help it to maintain premium growth for a long time.

On top of this, FB still has several new large revenue growth drivers up its sleeve. We are looking at Instagram monetization, Messaging Platform monetization, camera/AR, AI, and video to name but a few.

He adds, “Yes, Regulatory Risk is real … But we believe this is now more than fairly reflected in FB shares and reiterate our Outperform rating.” And the Street as a whole clearly feels the same.

Overall, FB has received 31 recent buy ratings vs just two hold ratings and one sell rating. Meanwhile their $219 average price target translates into 33% upside potential from current levels.

Source: Investor Place

[winston]

not vested

Tech Stocks to Short: Facebook (FB)

Congressional Hearings Likely Harden the Battle Lines Over Facebook, Inc. Stock

Gundlach’s comments against Facebook pushed shares down out of another upside breakout attempt as the $170 levels remain intractable.

Watch for a downside move down, with a break of the 20-day moving average setting up a test of the late March/early April lows near $150.

The stock also recently suffered a “death cross” with the 50-day moving average falling below the 200-day average for the first time since early 2017.

The company will next report results on April 25 after the close.

Analysts are looking for earnings of $1.32 per share on revenues of $11.4 billion. When the company last reported on Jan. 31, earnings of $2.21 beat estimates by 24 cents on a 47.3% rise in revenues.

Source: Investor Place

[winston]

not vested

Facebook Investors on Alert for Any Evidence of User Defections

Wall Street will scour the numbers for:-
1. Any signs of user losses or
2. A drop-off in advertiser spending.

Source: Bloomberg

https://www.bloomberg.com/news/articles ... defections

[winston]

not vested

Facebook earnings: $1.69 per share, vs. $1.35 expected

Facebook reported quarterly earnings and revenue well above expectations on Wednesday.

The number of daily users on the platform also bounced back, indicating steady engagement despite recent backlash surrounding the leak of personal information to firms such as Cambridge Analytica.

Shares jumped about 6 percent after the results were released.

by Anita Balakrishnan

Revenue: $11.97 billion vs. $11.4 billion expected by a Thomson Reuters consensus estimate

Daily active users: 1.45 billion vs. 1.45 billion expected by a StreetAccount estimate

Monthly active users: 2.2 billion vs. 2.2 billion expected by a StreetAccount estimate

Capex results: $2.81 billion vs. $2.86 billion expected by a StreetAccount estimate

Operating margin: 46 percent vs. 41 percent a year ago

Usership: Up 13 percent from a year ago

Facebook added on Wednesday it would buy back $9 billion more in shares, after initially announcing a $6 billion buyback.

Source: CNBC

https://www.cnbc.com/2018/04/25/faceboo ... -2018.html

[winston]

not vested

The company will next report results on July 25 after the close.

Analysts are looking for earnings of $1.66 per share on revenues of $13.3 billion.

When the company reported on April 25, earnings of $1.69 beat estimates by 36 cents on a 49% rise in revenues.

Source: Investor Place

[winston]

not vested

Stocks to Buy in Your 20s: Facebook (FB)

Investing in Facebook Inc (NASDAQ:FB) now doesn’t sound like an entirely new idea, but Zuckerberg & Co.’s days as merely a social media site are ending. I’m expecting to see the firm morph into an even larger tech powerhouse in the decades to come.

Facebook has size and scale on its side, which is a huge advantage in the tech space. The company owns the two most popular messaging services in the world — Messenger and WhatsApp — and has yet to do anything about monetizing them.

Simply allowing businesses to communicate directly with customers through these platforms would be a big moneymaker for FB advertising wise, but most expect that Facebook has bigger plans to harness the potential Messenger and WhatsApp hold.

FB has also been developing new payments platforms, which would allow businesses to charge for services they offer via Facebook.

Not only would that make Facebook’s advertising business all the more profitable, because advertisements could more easily be converted into sales, but it would open up a new revenue stream for FB if the firm collects a fee for processing.

Source: Investor Place

[winston]

not vested

Stocks to Buy: Facebook (FB)

Social media giant Facebook Inc (NASDAQ:FB) has a big catalyst heading its way for 2018. The company has already premiered its ‘Watch’ tab, but 2018 could be the year where it really takes off. (Of course, this is on top of all the stock’s other catalysts like Instagram, WhatsApp and a new Direct messaging app.)

One of TipRanks’ top 100 analysts, Brent Thrill, believes the ‘Watch’ tab is about to make a sizeable impact on user video consumption. He says the tab will drive video engagement alongside improved network effects and sharing.

Plus, Facebook’s data-driven approach to content and partner revenue share agreements is the smart way to go. He is now looking for revenue purely from the Watch tab to hit $12 billion in 2022. Thrill’s $225 price target suggests considerable upside of 27% from the current share price.

Strong Buy stock FB has scored 30 buy ratings and just 1 sell rating in the last three months. Meanwhile, the average analyst price target of $210 indicates 19% upside potential.

Source: Investor Place

[winston]

not vested

Cheap Stocks on the Rise: Facebook Inc (FB)

At 23.5-times forward earnings, Facebook Inc (NASDAQ:FB) isn’t exactly your traditional “cheap” stock. But I’d argue it is actually one of the cheapest stocks in the market.

Facebook stock got knocked down recently by a really bad PR incident now known as the Cambridge Analytica scandal. A whistleblower blew the lid open on a data leak that happened 3 years ago and may have impacted the 2016 Presidential Election.

But amid that awful PR incident — which was arguably the company’s worst PR incident in history — Facebook proceeded to report what was arguably the company’s best earnings report in history.

Revenue growth accelerated. Margin expansion remained robust. User growth remained strong. Engagement trends were healthy.

Those overall strong results are a testament to the company’s business model, the platform’s value, and management’s ability to navigate through turbulent waters.

As such, things are back to normal for Facebook. And “back to normal” implies 30%-plus revenue growth over the next several years alongside healthy margin drivers. That combination should lead to at least 35-40% earnings growth per year.

Facebook stock trades at just 23.5-times forward earnings.

That is dirt cheap for 35-40% earnings growth. Plus, this stock normally trades at 34-times forward earnings, so today’s 23.5 multiple seems like a big bargain.

All in all, Facebook stock has staged a huge comeback. That comeback is far from being done. A still cheap valuation and only strengthening growth prospects imply a ton more upside for Facebook stock. Consequently, this is also one the best cheap stocks to buy.

Source: Investor Place