Meta Platforms Inc Class A (META)
Meta Platforms: Strong Q3 Results And Amazing Growth Potential
Meta's Q3 2024 earnings beat EPS and revenue estimates, yet shares dropped ~3% in after-hours trading. Driven by AI advancements and better ad performance, Meta reported 20% revenue growth in constant currency, with ad impressions and price per ad also increasing. Meta Platforms' CapEx is set to increase significantly next year as it continues to invest in AI.
Can META's Solid Q3 Earnings Beat & AI Focus Push the Stock Higher?
Meta Platforms' third-quarter 2024 performance benefits from higher advertising revenues, expanding AI integration and a strong user base.
Meta Platforms To Rally Around 33%? Here Are 10 Top Analyst Forecasts For Thursday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
Meta: Analyst says 'now is the time to buy'
Meta Platforms (META) shares move into negative territory on Thursday as investors weigh artificial intelligence (AI) spending concerns with the company's third quarter earnings beat. Roth Capital Partners managing director and senior research analyst Rohit Kulkarni joins Morning Brief hosts Julie Hyman and Brad Smith to discuss why he remains bullish on the stock and says now's the time to buy in at a discount.
Crude Oil Gains 1%; Meta Shares Fall Following Q3 Results
U.S. stocks traded lower midway through trading, with the Dow Jones index more than 300 points on Thursday.
Meta's Threads micro-blogging app now has 275 million monthly users, Zuckerberg says
Threads, Meta's rival to Elon Musk's X app, now has nearly 275 million monthly users, CEO Mark Zuckerberg said Wednesday. The latest numbers indicate Threads is up 175% from a year ago when it reached 100 million users.
Meta Fails to Impress Despite Q3 Earnings Beat: ETFs in Focus
Meta Platforms beats on both top and bottom lines but shares drop 3% in aftermarket hours on warnings of more spending.
Meta: CapEx 2025 Scares Investors On Halloween
The Family of Apps segment is stronger than ever and manages to largely cover the losses of the Reality of Labs. Llama is increasingly popular, Ray-Ban Meta AI are in wide demand, and Threads gets 1 million new subscribers a day. WhatsApp is growing fast in the U.S., as are young adults on Facebook. CapEx is expected to increase in 2025 but we do not know by how much, which is.
Meta Q3 '24 Earnings Update
Daily Active People (DAP) across Meta's Family of Apps decelerated to 20 mn QoQ in 3Q'24. Even though easy comp ended in 1Q'24 and 3Q'24 faced a fairly difficult comp, Meta posted quite strong YoY ad revenue growth rates across regions in 3Q'24. Revenue was +18.9% YoY; on a 2-yr and 3-yr CAGR basis, the company's top line increased by 21.0% and 11.8% respectively in the quarter.
Meta targets raised as analysts hail ad growth, bat off light forecast
Meta Platforms Inc (NASDAQ:META, ETR:FB2A, SWX:FB) has drawn repeated backing from analysts despite pointing to potentially slower revenue growth ahead in third-quarter results on Wednesday. Jefferies analysts noted guidance for revenue of $45-$48 billion, or a 12.2% to 19.7% increase, in the fourth quarter did suggest a “limited slowdown” against tougher comparables.
Meta Stock Could Pop If AI CapEx Accelerates Ad Revenue
There is something special about CEOs who start and run publicly traded companies. They have the creative spark, drive, and determination to keep placing bets on new growth opportunities.
Meta: The Valuation Makes No Sense (Rating Upgrade)
Meta Platforms reported better-than-expected Q3 earnings on both the top and bottom lines. The social media company is growing its revenues at double digits. Users, ARPU, and FCF are also all growing. I see upside revaluation potential given the strength in the advertising market. The fourth quarter is typically a strong quarter for ad spending.
