Added to YB: 2024-02-05
Pitch date: 2024-02-04
META [bullish]
Meta Platforms, Inc.
+38.18%
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 (VR) headsets, and AI glasses in the United States, Canada, Europe, Asia-Pacific, and internationally.
Market Cap
$1.6T
Pitch Price
$466.62
Price Target
N/A
Dividend
0.35%
EV/EBITDA
15.41
P/E
27.38
EV/Sales
8.11
Sector
Interactive Media and Services
Category
growth
Meta Soars As The Cash Floodgates Open
$META smashes Q4 on digital ad boom & cost cuts, sparking 15% jump AH. EPS +200% YoY, costs -8%. Guides strong Q1 sales & 2024 ad growth. $0.50/sh div, $50B buyback. High ARPU, 2x profit growth potential at 23x PE make it a buy vs $PINS 29x & $GOOG 18x, despite VR risks.
Read full article (5 min)