Added to YB: 2024-02-22
Pitch date: 2024-02-21
META [bullish]
Meta Platforms, Inc.
+34.83%
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
$477.80
Price Target
541.00 (-16%)
Dividend
0.32%
EV/EBITDA
16.25
P/E
28.84
EV/Sales
8.72
Sector
Interactive Media and Services
Category
growth
Meta: Digital Advertising Powerhouse Fueling Promising VR Ventures
$META hit $1T on FB, Insta, WhatsApp ads - $132B rev, 54% margin. Reality Labs bet faces near-term losses. Solid financials: '24 dividend, $85B cash. Fair value $541 on DCF, 25% CAGR '32 industry grwth. Risks: mkt volatility, rivals, rep issues. AR/VR = growth. Buy.
Read full article (5 min)