Professional
Added to YB: 2024-01-10
Pitch date: 2024-01-10
META [bullish]
Meta Platforms, Inc.
+74.19%
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
$369.85
Price Target
470.00 (-27%)
Dividend
0.32%
EV/EBITDA
16.25
P/E
28.84
EV/Sales
8.72
Sector
Interactive Media and Services
Category
growth
$META PT Raised to $470 at Mizuho Securities
$META PT $470 at Mizuho: 3 catalysts - 1) FY24 rev growth 22% vs 13% consensus 2) Opex step-down driving leverage 3) WhatsApp AI customer service could boost rev 33%+. 11x FY26 EBITDA of $107B.
Read full article (1 min)