Meta Platforms (FB) 02 (Jun 22 - Dec 26)

[winston]

not vested

Facebook - Stock Analyst Research
Target Price* USD 235.00
Recommendation NEUTRAL

Meta Platforms Inc. - Results beat on higher ad sales, cost discipline

1Q23 revenue and earnings modestly beat expectations on higher Ad sales. 1Q23 revenue/PATMI at 23%/20% of our FY23e forecasts.

Investments in AI driving improvements in ad tech, with Reels user engagement and monetization starting to ramp up.

Optimistic outlook with 2Q23e revenue guidance of 7% YoY growth at the midpoint (11% YoY top-end), while reducing FY23e total expense growth by 5%. Expectations for a final wave of headcount cuts in May 23.

We increase our FY23e revenue estimates by 3%, and our FY23e PATMI/EBITDA estimates by 11% to reflect better-than-expected improvements in cost savings.

We maintain NEUTRAL due to recent stock price performance, with a raised DCF target price of US$235.00 (prev. US$200.00), a WACC of 7.1%, and a terminal growth rate of 3.5%.

Source: Phillips

https://www.poems.com.sg/stock-research/META/

[behappyalways]

Technology geeks become titans! The first Brazilian jiu-jitsu competition Zuckerberg "wears gold and silver" Taiwanese martial arts masters as coaches, good results fell through everyone's glasses

科技宅男變悍將! 首次巴西柔術賽佐克伯"穿金戴銀" 台裔格鬥好手當教練 好成績跌破眾人眼鏡｜記者 楊駿宗｜【國際大現場】20230510｜三立新聞台

https://m.youtube.com/watch?v=-8RUxKUQq7o

[behappyalways]

The Meta's new round of layoffs focuses on business! Three rounds of layoffs totaled more than 20,000 employees Zuckerberg cuts the cost of the metaverse...Assets soared by 1.36 trillion
Met新一輪裁員盯上業務!三輪共砍逾2萬員工 祖克柏削減元宇宙成本...資產暴增1.36兆｜非凡財經新聞｜20230521
https://m.youtube.com/watch?v=vS90xjL0D6Q


Meta fined a record $1.3 billion over EU user data transfers to the U.S.
https://www.cnbc.com/2023/05/22/meta-fi ... e-us-.html

[behappyalways]

Mac, helmet, iOS17 all coming? Apple WWDC is estimated to be the longest in history! Meta is the first to announce the new "Quest 3" GPU performance doubled, 40% slimmer

Mac.頭盔.iOS17通通來?蘋果WWDC估史上最長! Meta搶先發表新"Quest 3"GPU效能翻倍 瘦身40%｜非凡財經新聞｜20230602

https://m.youtube.com/watch?v=zY806kOd1UU

[behappyalways]

Mark Zuckerberg Denies Having Been Choked Unconscious in Jiu-Jitsu Match
https://jezebel.com/mark-zuckerberg-den ... 1850505797

[behappyalways]

Meta Launches Data-Harvesting Twitter Clone, Immediately Starts Censoring
https://www.zerohedge.com/political/met ... ricked-her

[behappyalways]

The text version of IG "Treads" declares war on Twitter!
Beautiful young people: "TikTok-like" only want to use it
文字版IG「Treads」宣戰推特! 美年輕人:「類TikTok」才想用｜譚伊倫｜FOCUS全球新聞 20230707@tvbsfocus
https://m.youtube.com/watch?v=2ODhr-xGwb8


Threads to add US$8 billion to Meta annual revenue by 2025
https://www.theedgesingapore.com/news/d ... venue-2025

[behappyalways]

Threads' Piracy Issues And Why Meta's New App Can't Launch In Europe
https://www.zerohedge.com/technology/th ... nch-europe

[behappyalways]

Meta To Release Commercial AI Tools To Rival Google, OpenAI; Report
https://www.zerohedge.com/technology/me ... nai-report

[behappyalways]

Mark Zuckerberg is playing fake? Threads evokes new and old hatred between two people, AI becomes the next battleground

馬斯克.佐克伯約架玩假的？Threads勾起兩人新仇舊恨 AI成為下一個決戰場｜20230715｜ @inewsplus

https://m.youtube.com/watch?v=zc9_mGhCNoA