Professional
Added to YB: 2024-12-19
Pitch date: 2024-09-30
META [bullish]
Meta Platforms, Inc.
+11.81%
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
$576.17
Price Target
N/A
Dividend
0.32%
EV/EBITDA
16.25
P/E
28.84
EV/Sales
8.72
Sector
Interactive Media and Services
Category
growth
Hardman Johnston Global Equity New Position: Meta Platforms, Inc.
META: New position. Shifted focus from Reality Labs to AI, driving engagement & ad productivity. Revenue momentum & earnings upside potential. Improved safety measures address previous data privacy concerns. Poised for strong earnings growth. Management effectively communicated strategy benefits.
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