Professional
Added to YB: 2024-01-16
Pitch date: 2024-01-16
META [bullish]
Meta Platforms, Inc.
+76.96%
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
$364.06
Price Target
N/A
Dividend
0.32%
EV/EBITDA
16.25
P/E
28.84
EV/Sales
8.72
Sector
Interactive Media and Services
Category
growth
Wedgewood Partners holding: Meta Platforms ($META)
$META's AI investments drive success: - Core ad rev +23%, margins rebound - AI powers Reels, 40% boost in Instagram engagement - Supercomputer for in-house AI dev - AI for product recognition, content curation - Reels: $0 to $10B in a few years, beating $TKTK - Chatbots, content creation tools launched - $120B in organic R&D since 2014 - 3.1B DAU, 10M+ SMB advertisers - AI enables immense scale & automation
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