Professional
Added to YB: 2024-04-30
Pitch date: 2024-03-31
META [neutral]
Meta Platforms, Inc.
+33.13%
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
$484.33
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
N/A
Artisan Global Value Fund Portfolio Holding: Meta Platforms, Inc.
META +37% QTD after +194% in 2022, now >5x Nov 2022 low & near ATH. Q4 showed strong user engagement, revenue growth & cost control. AI optimism also driving price. Fairly valued after run-up, trimmed position.
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