Facebook's Meta Platforms (FB) Stock Crashes Over 20% on Profit and Outlook Miss, Analysts Lower Ratings and Numbers But Remain Long-Term Positive
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UPDATE: Meta Platforms Inc. (FB) PT Lowered to $375 at Susquehanna
February 3, 2022 6:03 AM EST(Updated - February 3, 2022 6:04 AM EST)
Susquehanna analyst Shyam Patil lowered the price target on Meta Platforms Inc. (NASDAQ: FB) to $375.00 (from $425.00) while maintaining a Positive rating.
The analyst comments "As we feared, 1Q has started off slow, with management calling out... 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
UPDATE: Meta Platforms Inc. (FB) PT Lowered to $333 at BofA Securities
February 3, 2022 5:45 AM EST(Updated - February 3, 2022 5:48 AM EST)
BofA Securities analyst Justin Post lowered the price target on Meta Platforms Inc. (NASDAQ: FB) to $333.00 (from $410.00) while maintaining a Buy rating.
The analyst comments "Guidance was a surprise, with bigger than expected impact from Reels transition... More
Stocks expected to have increasing option volume: SPOT FB TMUS F AMZN
February 3, 2022 5:29 AM ESTStocks expected to have increasing option volume: SPOT FB TMUS F AMZN
... MoreMeta Platforms Inc. (FB) PT Lowered to $315 at RBC Capital
February 3, 2022 5:02 AM ESTRBC Capital analyst Brad Erickson lowered the price target on Meta Platforms Inc. (NASDAQ: FB) to $315.00 (from $400.00) while maintaining a Outperform rating.... More
Meta Platforms Inc. (FB) PT Lowered to $330 at Cowen
February 3, 2022 4:59 AM ESTCowen analyst John Blackledge lowered the price target on Meta Platforms Inc. (NASDAQ: FB) to $330.00 (from $415.00) while maintaining a Outperform rating.... More
UPDATE: Meta Platforms Inc. (FB) PT Lowered to $280 at KeyBanc
February 3, 2022 4:58 AM EST(Updated - February 3, 2022 5:03 AM EST)
KeyBanc analyst Justin Patterson lowered the price target on Meta Platforms Inc. (NASDAQ: FB) to $280.00 (from $420.00) while maintaining a Overweight rating.
The analyst comments "We maintain our Overweight rating but lower our PT to $280 (23.5x 2023E P/E).... More
Meta Platforms (FB) IV into Q4 results, Q1 user growth and financial outlook
February 3, 2022 4:58 AM ESTMeta Platforms (NASDAQ: FB) 30-day option implied volatility is at 46; compared to its 52-week range of 21 to 49 into Q4 results, Q1 user growth and financial outlook.
... MoreUPDATE: Meta Platforms Inc. (FB) PT Lowered to $350 at Barclays
February 3, 2022 4:55 AM EST(Updated - February 3, 2022 5:05 AM EST)
Barclays analyst Ross Sandler lowered the price target on Meta Platforms Inc. (NASDAQ: FB) to $350.00 (from $420.00) while maintaining a Overweight rating.
The analyst comments "It's not a major surprise that core blue is maturing and... More
Meta Platforms Inc. (FB) PT Lowered to $360 at Atlantic Equities
February 3, 2022 4:49 AM ESTAtlantic Equities analyst James Cordwell lowered the price target on Meta Platforms Inc. (NASDAQ: FB) to $360.00 (from $420.00) while maintaining a Overweight rating.... More
UPDATE: Meta Platforms Inc. (FB) PT Lowered to $425 at Mizuho Securities
February 3, 2022 4:16 AM EST(Updated - February 3, 2022 4:17 AM EST)
Mizuho Securities analyst James Lee lowered the price target on Meta Platforms Inc. (NASDAQ: FB) to $425.00 (from $450.00) while maintaining a Buy rating.
The analyst comments "Quarter was in line, but 1Q22 revenue guidance was short of... More
Meta Platforms Inc. (FB) PT Lowered to $375 at Oppenheimer
February 3, 2022 4:10 AM ESTOppenheimer analyst Jason Helfstein lowered the price target on Meta Platforms Inc. (NASDAQ: FB) to $375.00 (from $405.00) while maintaining a Outperform rating.
The analyst comments "Reducing target to $375 from $405, on lower estimates as the IDFA workaround is taking longer than expected, combined with... More
Meta Platforms Inc. (FB) PT Lowered to $350 at Jefferies
February 3, 2022 3:59 AM ESTJefferies analyst Brent Thill lowered the price target on Meta Platforms Inc. (NASDAQ: FB) to $350.00 (from $420.00) while maintaining a Buy rating.... More
UPDATE: Meta Platforms Inc. (FB) PT Lowered to $350 at Truist Securities
February 3, 2022 3:56 AM EST(Updated - February 3, 2022 4:00 AM EST)
Truist Securities analyst Youssef Squali lowered the price target on Meta Platforms Inc. (NASDAQ: FB) to $350.00 (from $400.00) while maintaining a Buy rating.
The analyst comments "We remain constructive on FB recognizing that ongoing headwinds from... More
Meta Platforms Inc. (FB) PT Lowered to $301 at Piper Sandler
February 3, 2022 3:54 AM ESTPiper Sandler analyst Thomas Champion lowered the price target on Meta Platforms Inc. (NASDAQ: FB) to $301.00 (from $385.00) while maintaining a Neutral rating.... More
UPDATE: Meta Platforms Inc. (FB) PT Lowered to $355 at Goldman Sachs
February 3, 2022 3:52 AM EST(Updated - February 3, 2022 4:15 AM EST)
Goldman Sachs analyst Eric Sheridan lowered the price target on Meta Platforms Inc. (NASDAQ: FB) to $355.00 (from $445.00) while maintaining a Buy rating.
The analyst comments "Looking at the parallels to summer 2018, FB stock underperformed (-40% from... More
UPDATE: Meta Platforms Inc. (FB) PT Lowered to $350 at Stifel
February 3, 2022 3:45 AM EST(Updated - February 3, 2022 4:12 AM EST)
Stifel analyst Mark Kelley lowered the price target on Meta Platforms Inc. (NASDAQ: FB) to $350.00 (from $400.00) while maintaining a Buy rating.
The analyst comments "FB reported relatively in-line 4Q21 ad revs but missed the mark... More
UPDATE: Meta Platforms Inc. (FB) PT Lowered to $336 at Credit Suisse (correction)
February 3, 2022 3:45 AM EST(Updated - February 3, 2022 4:34 AM EST)
Credit Suisse analyst Stephen Ju lowered the price target on Meta Platforms Inc. (NASDAQ: FB) to $336.00 (from $430.00) while maintaining a Outperform rating.
The analyst comments "We had previously highlighted as a theme in our 2022 outlook the challenges and opportunities that the proliferation of short form video brings, as Facebook as well... More
UPDATE: Meta Platforms Inc. (FB) PT Lowered to $320 at Wolfe Research
February 3, 2022 3:43 AM EST(Updated - February 3, 2022 4:06 AM EST)
Wolfe Research analyst Deepak Mathivanan lowered the price target on Meta Platforms Inc. (NASDAQ: FB) to $320.00 (from $410.00) while maintaining a Outperform rating.
The analyst comments "FBs 4Q results came in with revenues 1% above... More
UPDATE: Meta Platforms Inc. (FB) PT Lowered to $350 at Evercore ISI
February 3, 2022 3:42 AM EST(Updated - February 3, 2022 4:02 AM EST)
Evercore ISI analyst Mark Mahaney lowered the price target on Meta Platforms Inc. (NASDAQ: FB) to $350.00 (from $430.00) while maintaining a Outperform rating.
The analyst comments "There is now a dramatic fundamentals gap between GOOGL and FB. And one could argue that FB is now facing a NFLX-like negative... More
UPDATE: BMO Capital Downgrades Meta Platforms Inc. (FB) to Market Perform
February 3, 2022 3:39 AM EST(Updated - February 3, 2022 4:01 AM EST)
BMO Capital analyst Daniel Salmon downgraded Meta Platforms Inc. (NASDAQ: FB) from Outperform to Market Perform with a price target of $290.00 (from $425.00).
The analyst comments "While ATT remains the biggest targeting/measurement headwind and peak impact is likely... More
UPDATE: Raymond James Downgrades Meta Platforms Inc. (FB) to Outperform
February 3, 2022 3:39 AM EST(Updated - February 3, 2022 4:03 AM EST)
Raymond James analyst Aaron Kessler downgraded Meta Platforms Inc. (NASDAQ: FB) from Strong Buy to Outperform with a price target of $340.00 (from $410.00).
The analyst comments "We lower our rating to Outperform (from Strong Buy) given slowing advertising revenue outlook. Facebook reported generally in line 4Q though a lower 1Q22 outlook and lower... More
UPDATE: Meta Platforms Inc. (FB) PT Lowered to $350 at JMP Securities
February 3, 2022 2:02 AM EST(Updated - February 3, 2022 4:14 AM EST)
JMP Securities analyst Ronald Josey lowered the price target on Meta Platforms Inc. (NASDAQ: FB) to $350.00 (from $400.00) while maintaining a Market Outperform rating.
The analyst comments "While we acknowledge the reset in revenue growth, Facebook has... More
UPDATE: Meta Platforms Inc. (FB) PT Lowered to $360 at Morgan Stanley
February 3, 2022 1:48 AM EST(Updated - February 3, 2022 4:13 AM EST)
Morgan Stanley analyst Brian Nowak lowered the price target on Meta Platforms Inc. (NASDAQ: FB) to $360.00 (from $395.00) while maintaining a Overweight rating.
The analyst comments "B's monetization roll-out of Instagram as well as FB's ability... More
