Facebook (FB) Sees Q4 Revenue up 40%-47%

Go back to Facebook (FB) Sees Q4 Revenue up 40%-47%

Facebook (FB) Price Target Lowered to $90 at FBN; Analyst Maintains Outperform Rating

October 29, 2014 9:34 AM EDT

FBN Securities maintained an Outperform rating on Facebook (NASDAQ: FB) with a price target of $90.00 (from $95.00). The change follows Q3 results. Analyst Shebly Seyrafi noted concerns about expense growth in 2015, but he views Q3 as a strong quarter and remains bullish on the stock.

"The company reported a strong quarter with almost 60% Y/Y revenue growth and improving engagement... More

Facebook (FB) Expense Growth a Negative Surprise But Thesis Intact, Piper Jaffray's Munster Says

October 29, 2014 7:51 AM EDT

Piper Jaffray analyst Gene Munster reiterated an Overweight rating on Facebook (NASDAQ: FB) but cut his price target to $82.00 (from $90.00) following Q3 results and disclosure of a heavy investment cycle in 2015.

Munster comments, "We believe the reaction of shares of FB in the after market (down 8%) is driven by the company's unexpected guidance for Q4 revenue and CY15 expenses. We believe that the... More

Goldman Sachs Comments on Facebook's (FB) Q3 and Guidance

October 29, 2014 7:04 AM EDT

Goldman Sachs reiterated a Buy rating on Facebook (NASDAQ: FB) with a price target of $85. The stock declined yesterday during its earnings call.

Analyst Heather Bellini said, "Given the registration of the WhatsApp shares, FB offered its first and likely last... More

Facebook (FB) Tops Q3 EPS by 3c

October 28, 2014 4:02 PM EDT

Facebook (NASDAQ: FB) reported Q3 EPS of $0.43, $0.03 better than the analyst estimate of $0.40. Revenue for the quarter came in at $3.2 billion versus the consensus estimate of $3.11 billion.

Third Quarter 2014 Operational Highlights

Daily active users (DAUs) were 864 million on average for September... More