Facebook Reports First Quarter 2021 Results
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Facebook (FB) PT Raised to $385 at Jefferies
April 29, 2021 8:32 AM EDTJefferies analyst Brent Thill raised the price target on Facebook (NASDAQ: FB) to $385.00 (from $360.00) while maintaining a Buy rating.
The analyst commented, "Q1 results were well ahead of expectations, with a rare combination of 48% y/y revenue growth and 43% op. margin. FB... More
Facebook (FB) PT Raised to $460 at Monness, Crespi, Hardt
April 29, 2021 8:23 AM EDTMonness, Crespi, Hardt analyst Brian White raised the price target on Facebook (NASDAQ: FB) to $460.00 (from $375.00) while maintaining a Buy rating.
The analyst commented, "Last night, Facebook reported excellent 1Q:21 results as this digital ad recovery continues. Despite some expected headwinds this year, we... More
Facebook (FB) PT Raised to $420 at BMO Capital
April 29, 2021 6:48 AM EDTBMO Capital analyst Daniel Salmon raised the price target on Facebook (NASDAQ: FB) to $420.00 (from $375.00) while maintaining an Outperform rating.
The analyst commented, "We think 1Q revenue growth and 2Q guidance go a long way to alleviate concern about core ad... More
Facebook (FB) PT Raised to $400 at Stifel
April 29, 2021 6:31 AM EDTStifel analyst John Egbert raised the price target on Facebook (NASDAQ: FB) to $400.00 (from $350.00) while maintaining a Buy rating.
The analyst commented, "Facebook reported 1Q:21 revenue more than 10% above Street forecasts as the company delivered its fastest FX-neutral y/y advertising growth in... More
Facebook (FB) PT Raised to $425 at Susquehanna
April 29, 2021 6:20 AM EDTSusquehanna analyst Shyam Patil raised the price target on Facebook (NASDAQ: FB) to $425.00 (from $375.00) while maintaining a Positive rating.
The analyst commented, "With the outlook serving as a clearing event and a very undemanding valuation, we see the stock remaining attractive. Management has a penchant... More
UPDATE: Facebook (FB) Tops Q1 EPS by 93c, Revenue Beats
April 28, 2021 4:06 PM EDT(Updated - April 28, 2021 4:07 PM EDT)
Facebook (NASDAQ: FB) reported Q1 EPS of $3.30, $0.93 better than the analyst estimate of $2.37. Revenue for the quarter came in at $26.17 billion versus the consensus estimate of $23.67 billion.
Facebook daily active users (DAUs) DAUs were 1.88 billion on average for March 2021, an increase of 8% year-over-year.Facebook monthly active users (MAUs) MAUs were 2.85 billion as of March 31, 2021, an increase of 10% year-over-year.Family daily active people (DAP) DAP was 2.72 billion on average for March 2021, an increase of 15% year-over-year.Family monthly active people (MAP) MAP was 3.45 billion as of March 31, 2021, an increase of 15%... More