Added to YB: 2024-02-07
Pitch date: 2024-02-07
META [bullish]
Meta Platforms, Inc.
+38.41%
current return
Author Info
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
$465.45
Price Target
N/A
Dividend
0.32%
EV/EBITDA
16.25
P/E
28.84
EV/Sales
8.72
Sector
Interactive Media and Services
Category
special_situation
Meta Platforms ($META): Model Update
Meta Platforms ($META) bull case: - Quest 3 launch in '23, Apple Vision Pro buzz, & Quest 3 Lite in '24 may boost VR sales - Ray-Ban smart glasses selling well, AI assistant coming - Family of Apps seeing improved monetization post-ATT - WhatsApp biz platform has potential, but needs to show up in financials - Risks: continued high RL losses (~$20B in '24), capex - Valuation still reasonable after rally - Zuck needs to allocate capital more prudently to compete with big tech club
Read full article (7 min)