Professional
Added to YB: 2024-10-02
Pitch date: 2024-10-02
META [bullish]
Meta Platforms, Inc.
+13.35%
current return
Author Info
No bio for this author
Company Info
Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality and mixed reality headsets, augmented reality, and wearables worldwide.
Market Cap
$1.6T
Pitch Price
$568.36
Price Target
780.00 (+21%)
Dividend
0.32%
EV/EBITDA
16.25
P/E
28.84
EV/Sales
8.72
Sector
Interactive Media and Services
Category
growth
Pivotal Research Initiates Meta ($META) with Buy Rating and $780 Target
META (analyst initiation): Pivotal initiates Buy, $780 PT. 3.3B DAU, dominant social media. Strong revenue growth from usage, new products, targeting, pricing. Cost efficiencies + declining Reality Labs losses. Attractive valuation.
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