Added to YB: 2024-02-14
Pitch date: 2024-02-12
META [bullish]
Meta Platforms, Inc.
+41.88%
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
$454.07
Price Target
625.76 (-3%)
Dividend
0.32%
EV/EBITDA
16.25
P/E
28.84
EV/Sales
8.72
Sector
Interactive Media and Services
Category
growth
Meta: AI Engagement + Amazon Partnership To Power 2024 (Rating Upgrade)
$META +290% in '23 on 'Year of Efficiency':25% rev growth to $40B,201% profit jump to $14B Q4 on ads.Zuck: AI for personalized content,Llama 2&3,$37B infra spend,big GPU orders.AI focus,open-source for antitrust&AR/VR.Stay wary of data privacy®s.Strong buy for '24
Read full article (8 min)