Meta Platforms Inc Class A (META)
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.
Analysts revise META stock price target
Meta Platforms (NASDAQ: META), the parent company of Facebook and Instagram, is reaping the rewards of incorporating artificial intelligence into its products, as reflected in its Q3 results.
Meta: Zuckerberg 2.0 Still Getting A Lot Of Likes
Meta Platforms printed another strong quarter after the close today. META stock sold off a little in the immediate aftermath of earnings, but we remain bullish on the name in the medium term. We rate META stock at Hold with a price target of $676.
Meta user 'miss' wipes $56bn from the Facebook owner's value
A surprise fall in the active user base of Facebook and Instagram owner Meta Platforms Inc (NASDAQ:META, ETR:FB2A, SWX:FB) took the gloss off an otherwise solid set of quarterly numbers, wiping around 3.8% or $56 billion from the value of the business. Q3h revenue climbed 19% year-over-year to $40.6 billion and earnings per share reached $6.03, both exceeding Wall Street expectations.
Meta's Zuckerberg Touts AI Progress but Warns of ‘Serious Infrastructure'
The old saying is you've got to spend money to make money. For Meta, notching a third quarter earnings report with record revenues, the fact remains that the long-term artificial intelligence (AI) roadmap will require as yet undefined billions of dollars of capital investments in the next year and beyond.
