Added to YB: 2024-11-22
Pitch date: 2024-11-20
META [bullish]
Meta Platforms, Inc.
+13.66%
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 (VR) headsets, and AI glasses in the United States, Canada, Europe, Asia-Pacific, and internationally.
Market Cap
$1.6T
Pitch Price
$567.27
Price Target
N/A
Dividend
0.35%
EV/EBITDA
15.41
P/E
27.38
EV/Sales
8.11
Sector
Interactive Media and Services
Category
growth
RiverPark Long/Short Opportunity Fund Portfolio Holding: Meta Platforms, Inc.
META: Q2 rev $39B (+22% YoY), EPS $5.16 (+73% YoY). Strong ad rev from E-Commerce, Gaming, Entertainment. Q3 guidance beats expectations. 81% gross margin, $44B FCF in 2023. FB & IG 2B+ DAUs. Reels & Threads driving growth. 23.5x 2025 EPS, potentially conservative. Up 62% YTD.
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