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Added to YB: 2024-02-22

Pitch date: 2024-02-21

META [bullish]

Meta Platforms, Inc.

+35.06%

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

$477.41

Price Target

541.00 (-16%)

Dividend

0.35%

EV/EBITDA

15.41

P/E

27.38

EV/Sales

8.11

Sector

Interactive Media and Services

Category

growth

Show full summary:
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)