Facebook (FB) PT Raised to $160 at Jefferies

Facebook (FB) PT Raised to $145 at Stifel

April 28, 2016 10:24 AM EDT

Earlier, Stifel analyst Scott Devitt reiterated a Buy rating and boosted its price target on Facebook (NASDAQ: FB) to $145.00 (from $130.00).

Dewit commented, "Facebook beat consensus revenue / EPS by 2% / 24% in 1Q:16 as both total revenue and ad revenue did not decelerate from 4Q:15s impressive growth... More

Facebook (FB) PT Raised to $140 - Raymond James

April 28, 2016 9:37 AM EDT

Raymond James analyst, Aaron Kessler, raised his PT to $140 on Facebook (NASDAQ: FB) as he expects: 1) continued strength in user growth across platforms; 2) continued advertising share gains; 3) increasing monetization from newer platforms (i.e., Instagram, Messenger).

Facebook reported a strong 1Q marked by 63% y/y forex neutral ad revenue growth, 76% y/y mobile revenue growth, and solid engagement trends (daily average user growth of 16.6% y/y). Despite recent macro concerns in the market, Facebook noted strength across verticals, marketer segments, and geographies (especially... More

Wedbush Raises Facebook (FB) PT to $145

April 28, 2016 8:58 AM EDT

Wedbush analyst, Michael Pachter, believes that Facebook (NASDAQ: FB) has an insurmountable competitive advantage with over 1.6 billion monthly active users and over 1 billion daily active users, and has succeeded in convincing 3 million advertisers that its captive audience will yield returns on advertising investment. PT goes to $145 from $128 and no change to Outperform rating.

Facebook once again handily beat consensus estimates and exceeded... More

Facebook (FB) PT Raised to $165 at RBC Capital

April 28, 2016 8:29 AM EDT

RBC Capital analyst Mark Mahaney reiterated an Outperform rating and boosted his price target on Facebook (NASDAQ: FB) to $165.00 (from $160.00) following strong results.

The keys to the quarter, according to the analyst:

1. More Friends MAUs up 15% Y/Y (fastest growth in 2... More

Facebook (FB) PT Raised to $145 at Nomura

April 28, 2016 8:25 AM EDT

Nomura Securities analyst Anthony DiClemente reiterated a Buy rating and raised his price target on Facebook (NASDAQ: FB) to $145.00 (from $135.00) as revenue growth shows minimal deceleration, narrative remains pristine.

DiClemente commented, "Facebooks 1Q16 results exemplified sustained explosive revenue growth, with Instagram and core... More

Facebook (FB) PT Raised to $145 at Credit Suisse

April 28, 2016 7:53 AM EDT

Credit Suisse analyst S. Ju reiterated an Outperform rating and raised its price target on Facebook (NASDAQ: FB) to $145.00 (from $142.00) following strong results.

Ju commented, "FB reported strong results with rev/Adj. EPS of $5.38b/$0.77 vs. cons $5.26b/$0.62. Our 2Q16 estimates... More

Facebook (FB) PT Raised to $135 at SunTrust Robinson Humphrey

April 28, 2016 6:46 AM EDT

SunTrust Robinson Humphrey analyst Bob Peck reiterated a Buy rating and boosted his price target on Facebook (NASDAQ: FB) to $135.00 (from $125.00).

Beck commented, "Facebook's 1Q report refuted the growing concerns that 1Q was broadly impacted by macro digital advertising weakness across the... More

Cowen Boosts PT on Facebook (FB) to $145 Following 'Breakthrough' Q1 Results

April 28, 2016 6:28 AM EDT

Cowen and Company lifts its price target on Outperform-rated Facebook (Nasdaq: FB) from $140 to $145 following Q1 results issued Wednesday night.

Analyst John Blackledge commented, FB delivered the break-through results of 1Q16 earnings thus far with revs +2% / EPS +17% vs. our forecasts.... More

Facebook (FB) PT Raised to $155 at Evercore ISI

April 28, 2016 6:26 AM EDT

Evercore ISI analyst Ken Sena reiterated a Buy rating and boosted his price target on Facebook (NASDAQ: FB) to $155.00 (from $150.00) following strong Q1 results.

Sena commented, "FB offered yet another impressive quarter with 57% ad revenue growth vs. our est. 53% (Street 51%) from strength across all... More

Facebook (FB) PT Raised to $135 at Baird

April 28, 2016 6:25 AM EDT

Baird analyst Colin Sebastian reiterated an Outperform rating and raised his price target on Facebook (NASDAQ: FB) to $135.00 (from $120.00).

Sebastian commented, "As previewed, fears of a Q1 slowdown were overblown as results significantly exceeded Street expectations, highlighted by continued robust revenue... More

Facebook (FB) PT Raised to $145 at Susquehanna

April 28, 2016 6:22 AM EDT

Susquehanna analyst Shyam Patil reiterated a Positive rating and raised its price target on Facebook (NASDAQ: FB) to $145.00 (from $140.00) following another big quarter.

Patil highlighted:

Our thoughts going forward and upcoming catalysts. Facebook once again delivered a big quarter, surprising most by beating an aggressive bar, demonstrating that the secular ad budget share gain story is in full force. We see core NF, video, and Instagram as the key near-to-intermediate-term drivers, and... More

Facebook (FB) Tops Q1 EPS by 15c; Will Create New Class of Voting Stock

April 27, 2016 4:03 PM EDT

Facebook (NASDAQ: FB) reported Q1 EPS of $0.77, $0.15 better than the analyst estimate of $0.62. Revenue was $5.38 billion, versus the consensus at $5.26 billion.

First Quarter 2016 Operational Highlights

Daily active users (DAUs) DAUs were 1.09 billion on average for March 2016, an increase of 16% year-over-year.Mobile DAUs Mobile DAUs were 989 million on average for March 2016, an increase of 24% year-over-year.Monthly active users (MAUs) MAUs were 1.65 billion as of March 31, 2016, an increase of 15% year-over-year.Mobile MAUs Mobile... More