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

[winston]

not vested

The Magnificent Seven’s Fate After Election Day

by Eric Fry

(META) also announced third-quarter earnings on Wednesday.

Even though the company reported the lowest year-over-year growth since the second quarter 2023, it still delivered $6.03 earnings per share and $40.59 billion in revenue.

CEO Mark Zuckerberg emphasized significant AI investments, including substantial spending on Nvidia GPUs, while noting potential challenges with user numbers and anticipated infrastructure expenses for 2025.

All of which led to a slight dip in after-hours trading.

Source: Smart Money

[winston]

not vested

Facebook - Stock Analyst Research
Target Price* 640.00
Recommendation ACCUMULATE

Meta Platforms Inc. – More monetisation opportunities ahead

3Q24 results outperformed, with META’s US$40.6bn revenue at the high end of its guidance range.

META’s net margin grew by 5% points YoY, even with a 9% increase in headcount.

9M24 revenue/PATMI were at 73%/79% of our FY24e forecasts.

AI driving better ad performance, leading to higher average ad prices (+11% YoY).

Average price per ad growth accelerated for a fourth straight quarter.

We increase our FY24e revenue/PATMI forecast by 2%/14% due to stronger Ad revenue and more cost efficiencies.

We maintain our ACCUMULATE rating, while our DCF target price is raised to US$640 (prev. US$555). Our growth rate assumption is also increased to 5% (prev. 4.5%).

Like GOOGL, we view META as a leader in AI, given its best-in-class AI infrastructure and LLM (Llama 3.2) and its ability to leverage AI technology to improve existing product monetization effectively.

Source: Phillips

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

[behappyalways]

Meta Plans $10 Billion Undersea Global Fiber Network In "W" Formation To Avoid Sabotage
https://www.zerohedge.com/technology/me ... d-sabotage

[behappyalways]

Meta Becomes Latest Tech Giant To Embrace Nuclear Power With Open Arms
https://www.zerohedge.com/markets/meta- ... -open-arms

[behappyalways]

Why Facebook-Parent Meta Is Willing To Lose Billions On The Metaverse
https://m.youtube.com/watch?v=BrNu2a9uhR0

[behappyalways]

Meta Smart Ray-Ban Glasses Big Winner? Goldman Finds App Downloads Hit 200% YoY
https://www.zerohedge.com/technology/me ... it-200-yoy

[behappyalways]

Facebook and Instagram to get rid of fact checkers, Mark Zuckerberg announces | BBC News
https://m.youtube.com/watch?v=L2Jud35UH14

[winston]

not vested

Meta Platforms announced its fourth-quarter revenue increased 20.6% year-over-year to $48.38 billion and also beat Wall Street consensus estimates for revenue of $46.99 billion.

Meanwhile, earnings per share surged 50.5% year-over-year to $8.02 per share, up from earnings of $5.33 per share in the same quarter of last year. Analysts were calling for earnings of $6.74 per share.

Now, Meta’s Reality Labs sales rose slightly to $1.1 billion in the fourth quarter, but the virtual reality unit recorded nearly $5 billion in losses.

This would be the year when a number of the long-term investments for their Metaverse efforts will really start to pay off.

This comes less than a week after Meta said it plans to spend between $60 billion and $65 billion on AI infrastructure this year. So, given the fact that there were no apparent alarm bells over the DeepSeek news in the earnings call, Wall Street cheered the positive results and shares of META rallied more than 4% on Thursday.

Looking ahead, Meta Platforms anticipates revenue between $39.5 billion and $41.8 billion in the first quarter of 2024. Analysts were calling for revenue of $41.6 billion.

Source: Investor Place

[winston]

not vested

As for Meta Platforms... Sales, earnings, and daily users all came in above estimates.

While the company didn't give a specific growth target for 2025, CFO Susan Li said that Meta expects strong revenue growth on top of 22% growth in 2024.

And CEO Mark Zuckerberg said that he predicts Meta's artificial-intelligence ("AI") chatbot will reach 1 billion monthly active users in 2025, after hitting 700 million active users in January.

Meta shares gained 1.5% on Thursday, closing at a new all-time high.

Source: Daily Wealth

[behappyalways]

Meta's recruitment focus turns to AI.
5% of global layoffs target those with "low performance and insist on remote working"

Meta招聘心轉向AI 全球大裁員5%鎖定"低績效.堅持遠端辦公"者｜非凡財經新聞｜20250211

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