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Added to YB: 2024-10-09

Pitch date: 2024-10-07

META [bullish]

Meta Platforms, Inc.

+10.24%

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

$587.36

Price Target

N/A

Dividend

0.32%

EV/EBITDA

16.12

P/E

28.61

EV/Sales

8.65

Sector

Interactive Media and Services

Category

growth

Show full summary:
The Nightview Fund Portfolio Holding: Meta Platforms, Inc.

META: Core platforms thriving w/ 10% ad price hike in Q2. WhatsApp hits 100M US DAUs, Threads 200M globally. AI capabilities (PyTorch, Llama) undervalued. Ray Ban AI glasses success, Project Orion potential. Long-term AR/AI investments offer growth optionality. Reaches ~50% of global population daily.

Read full article (1 min)