Meta Platforms (FB); Former Facebook

[winston]

not vested

WhatsApp's Privacy Term Change under Debate; Signal Sees 7.5M Global Installs in 5 Days

Whatsapp has asked users to agree to sharing data like phone numbers with its owner Facebook (FB.US), triggering privacy and security concerns while boosting installs of Signal and Telegram.

Signal saw roughly 7.5 million downloads globally on Apple App Store and Google Play Store from 6 January to 10 January, 43 times higher than that in the previous week, according to Sensor Tower's data.

Source: AAStocks Financial News

[winston]

not vested

It’s Time to Buy This High Quality Growth Stock

by Luke Lango

Consensus 2021 earnings estimates for Facebook sit at $11.40 per share. The FB stock price today hovers around $270. That means FB stock is trading at less than 24X forward earnings.

That’s a pretty low multiple for a tech giant growing revenues and earnings at a 20%-plus pace, especially in this market.

Source: Investor Place

https://dailytradealert.com/2021/02/01/ ... wth-stock/

[winston]

not vested

Facebook (FB)

Quarter after quarter, social media giant Facebook continues to put up impressive growth numbers, including 33% revenue growth and 53% net income growth in the most recent quarter.

Yet despite its staggering growth, Facebook shares are still attractively valued at just 19.7 times forward earnings and 8.6 times sales.

Post says shopping is the most important product initiative for Facebook in 2021. In February, Shopify (SHOP) announced it is expanding its "shop pay" payment option to all Facebook and Instagram users.

Bank of America has a "buy" rating and a $358 price target for FB stock.

Source: Yahoo Finace

[winston]

not vested

Facebook (FB)

Facebook reported year-over-year sales growth of 48% to $26.1 billion, with advertising revenue up 46%, thanks in part to a 30% increase in the company’s average price for an ad.

Total revenue beat Wall Street consensus estimates by 10.4%.

Earnings climbed 93% from a year prior to $3.30 per share, which crushed analysts’ expectations by 41%.

Average monthly active users climbed 4.5%, year-over-year, though the company’s users were flat in the U.S. and Canada for the second straight quarter.

The stock surged on the strong earnings report and is up over 2% over the past 5 days.

Looking ahead, Facebook expects total revenue will continue to accelerate in the second quarter, though year-over-year growth should begin to decelerate in the last two quarters of the year as the company laps periods of increasingly strong growth.

Wall Street is anticipating revenue will rise 5.9% in the coming quarter, and earnings should fall about 12%.

Source: Investor Place

[winston]

not vested

TRIPLE-DIGIT GAINS FROM THIS CAPITAL-EFFICIENT BUSINESS

Today, we're looking at the power of capital efficiency...

Regular readers know we love companies that don't need to spend much money to make money. These "capital efficient" businesses rake in more cash as they get more customers... without needing to scale up their expenses for manufacturing or research and development. Today's company shows how this works...

Everyone knows Facebook (FB), the $965 billion social media giant. Its online platforms – including Facebook itself along with Instagram and WhatsApp – connect people of all ages and communities around the world.

And where there are people, advertisers will pay to reach them. In the most recent quarter, advertisers paid 30% more per ad than they did a year ago... leaving Facebook with more than $64 billion in cash.

And thanks to its capital-efficient business, it cost Facebook almost nothing to capture that extra ad revenue.

As you can see, FB shares are up more than 130% since bottoming last March... And they just hit a fresh all-time high. As long as people keep using Facebook and clicking on its ads, this uptrend should continue...

Source: Daily Wealth

[winston]

not vested

Facebook (FB) – Announced July 28

Facebook’s second-quarter revenue rose 56% year-over-year to $29.08 billion, which beat Wall Street consensus estimates for revenue of $27.89 billion.

Earnings climbed 181% year-over-year to $3.61 per share, up from the $1.80 earned in the prior year. Analysts were calling for earnings of $3.03 per share, so the company topped expectations by 19%.

The social media giant’s userbase held steady at 195 million daily active users in the U.S. and Canada but is still down from 196 million in the fourth quarter 2020. However, across all of its apps including Instagram, Messenger and WhatsApp, monthly users ticked up 6% to 3.51 billion from 3.45 billion in the previous quarter.

Average daily and monthly active users climbed year-over-year, but the figures were only up slightly from the first quarter in the U.S.

Despite the overall positive report, Facebook shares sold off more than 4% on Thursday, as investors worried about fewer users in the U.S. and Canada and the scrutiny the company faced from Washington for not doing enough to combat misinformation.

Facebook finance chief David Wehner also noted that Apple’s privacy changes on the iOS 14.5 update could impact Facebook’s ability to target ads to customers, which is a huge part of Facebook’s revenue. The company expects a larger impact in the next quarter from this change.

Source: Investor Place

[winston]

not vested

Lies, Lies and Lies

Two weeks ago we also saw revelations that Facebook has been lying to everyone; senior officials, going all the way to the top of the company, knew fully well that the company was selectively allowing certain personalities to violate content guidelines and post whatever they wanted.

Facebook has told everyone-- its users, Congress, and even its own oversight board-- that it treats all users the same.

This was a bold-faced lie. Ironically, as a I wrote a few weeks ago, these liars are the same people who get to decide what content you and I are allowed to post, and what we are allowed to see.

And it constitutes a massive betrayal of the public trust.

Source: Sovereign Man

[winston]

not vested

Stock to Buy on the Dip This Week

The famous, or should I say infamous, company has taken a big hit in the public sphere ever since The Wall Street Journal published its “Facebook Files” series.

The series is an entertaining read. Facebook comes across as something akin to the tobacco companies 30 years ago.

The Journal claims that Facebook knows “in acute detail” about problems surrounding its platforms and how they harm users but the company hasn’t fixed those problems because they’re so profitable.

I’m not here to disparage Facebook; I’m not here to defend it against the Journal’s claims but the impact this drama has on the perception of Facebook and, by extension, FB shares, is absolutely worth our attention.

Since Sept. 15 – the very day The Wall Street Journal’s first piece in the series hit – Facebook’s stock has dropped 7.5%.

It’s starting to look downright irresistible because, let’s be real: Facebook has no competition. Whether it makes reforms or not, once the current controversy dies down, Facebook will still be there, generating fistfuls of cash for investors

So this is a dip I’d love to buy. Facebook is trading at $340 on Tuesday at midday, down nearly 3.8%, and I love it here. What’s more, if FB shares close below $337, I’d buy a FB Jan. 21, 2022 $340/$345 call spread for $2.50 or less.

Source: Daily Trade Alert

[behappyalways]

Facebook Is Alive, DNS Issues Being Resolved After Six Hours Of Darkness
https://www.zerohedge.com/markets/faceb ... al-outages

[winston]

not vested

What the Charts Say for Facebook After Outages, Whistleblower Selloff

by BRET KENWELL

Aggressive bulls may be long Facebook stock now, looking for a push higher. If they get it, let’s see if the stock can reclaim the September low at $338.15, followed by the 10-day moving average.

If it can do that, $350 is on the table.

On the downside, a drop below Monday’s low at $322.70 that’s not quickly reclaimed opens the door to the 200-day moving average.

https://www.thestreet.com/investing/tra ... %2BSelloff