Meta Platforms Inc. (FB) PT Lowered to $360 at Atlantic Equities
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Facebook's Meta Platforms (FB) Stock Crashes Over 20% on Profit and Outlook Miss, Analysts Lower Ratings and Numbers But Remain Long-Term Positive
February 3, 2022 6:13 AM ESTShares of Meta Platforms (NASDAQ: FB) are down over 20% in early Thursday trading after the social media company reported worse-than-expected Q4 2021 earnings numbers and a slowdown in user growth, as well as weak guidance.
Facebooks parent company reported EPS of $3.67, missing the consensus estimates of $3.84, according to Refinitiv. Revenue came in at $33.67 billion, compared to the analyst consensus of $33.4 billion.
Facebook reported the number of Daily Active Users (DAUs) was 1.93 billion, short of the 1.95 billion consensus. Monthly Active Users (MAUs) stood at 2.91 billion, compared to consensus estimates of 2.95 billion. Furthermore, Average... More
Meta Platforms Inc. (FB) PT Lowered to $280 at UBS
February 3, 2022 5:57 AM ESTUBS analyst Lloyd Walmsley lowered the price target on Meta Platforms Inc. (NASDAQ: FB) to $280.00 (from $400.00) while maintaining a Buy rating.
The analyst comments "Meta produced decent 1Q ad revs but shocked us with a weak 1Q outlook and a step function increase in... More
Citi Reiterates Neutral Rating on Meta Platforms Inc. (FB)
February 3, 2022 5:47 AM ESTCiti analyst Jason Bazinet reiterated a Neutral rating and $330.00 price target on Meta Platforms Inc. (NASDAQ: FB)
The analyst comments "FB reported a slight 4Q21 revenue beat with total revenue up 20% y/y. However, the companys operating margin of 37% was below the... More
