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Meta platforms (S)MetaThe shares rose from the gate on Thursday after the Mother of Facebook and Instagram won the expectations of the highest and lower lines for its fourth quarter.
During the three months ending December 31Meta’s revenue increased by 20.6% compared to a year to $ 48.4 billion, increased by 5% of their family daily active people (DAP) to 3.35 billion. Its action per share (EPS) increased by 50.5% from a year ago to $ 8.02.
“We continue to make good progress in AI (artificial intelligence), glasses and the future of social media,” Meta CEO Mark Zuckerberg said in a statement. “I’m excited to see the scale of these efforts back in 2025”
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The results win the expectations of analysts. Wall Street was expecting revenue of $ 47 billion, a $ 6.77 profit per share and daily active people of $ 3.32 billion, according to CNBCS
For his first quarter, Meta said he expects to reach revenue between $ 39.5 billion to $ 41.8 billion. The average point of this range, $ 40.65 billion, came from below the expectations of $ 41.7 billion revenue analysts, but Meta added that its prospects accept 3% of the wind -related wind.
“Meta suffers from challenging macroeconomic conditions that have a negative impact on its advertising costs,” says Brian MulburyCustomer Portfolio Manager Zacks Management InvestmentS The company also faces “Adverse Forex, Targeting and Measuring Winds Due to Apple’s (Aapl) IOS changes, normalize e-commerce after pandemic peak and higher Inflationhe adds.
Nevertheless, Zuckerberg says that “this will be a really big year” for Meta and that “the trajectory for most of our long-term initiatives” will be “much clearer by the end of this year.”
As for the cost levels that Wall Street is closely monitored, Meta said it expects total costs in 2025 to be in the range of $ 114 billion to $ 119 billion, with infrastructure being thought to be the “most engaging engine of Cost growth. “
In separate news, media reports show that META platforms have agreed to pay $ 25 million to settle a case filed against President Donald Trump after his accounts were stopped in 2021 after the attack on January 6 against Capitol’s Capitol attack The United States.
According to The Wall Street Journal$ 22 million will go to build the Trump Presidential Library with the rest used to pay legal fees and claimants.
META PLATFORMS has been a power plant in the price diagrams in the last 12 months, which is 69% on a common declaration (price change plus dividends) compared Magnificent 7 stocksS
According to S&P Global Market IntelligenceThe average target price of the analyzer for stock with large caps is $ 717.79, represented up from over 6% to its near January 29. In addition, the recommendation for consensus is a strong purchase.
The Wedbush Financial Services Company maintains its superiority rating (equivalent to a purchase) after the Wednesday night profit is released and increased its price target to $ 770 from $ 700.
“META reported strong results from the fourth quarter with revenue approximately 3% before the street and operating income around 17% above the consensus,” says Wedbush analyst ScottS “The leadership for the first quarter of revenue was in line with consensus on a neutral-neutral basis, and we expect investors to appear in the short term Forex Headwinds, as the company continues to achieve improvements in consumer engagement and monetization.”