6,294
edits
Meta Platforms:Quarterly Results/2023 Q4: Difference between revisions
Meta Platforms:Quarterly Results/2023 Q4 (view source)
Revision as of 14:39, 31 January 2024
, 31 January 2024→Analysts Opinions
| Line 179: | Line 179: | ||
* “The solid topline growth comes amidst resilient consumer activity in several of Meta’s key markets,” Capital.com analysts wrote. “The multi-year decline in ad pricing is expected to slow down, with revenue growth coming despite what is projected to be only modest increases in daily active users and monthly active users of approximately 3%.”<ref>https://www.proactiveinvestors.com/companies/news/1039724/meta-platforms-set-to-report-another-quarter-of-robust-earnings-growth-1039724.html</ref> | * “The solid topline growth comes amidst resilient consumer activity in several of Meta’s key markets,” Capital.com analysts wrote. “The multi-year decline in ad pricing is expected to slow down, with revenue growth coming despite what is projected to be only modest increases in daily active users and monthly active users of approximately 3%.”<ref>https://www.proactiveinvestors.com/companies/news/1039724/meta-platforms-set-to-report-another-quarter-of-robust-earnings-growth-1039724.html</ref> | ||
=== FY 2024 | === FY 2024 expected to be a good year for Meta === | ||
* "First, FY24 consensus revenue growth of 13% appears conservative against our expected 22% exit rate, considering drivers including improved monetization in Reels and FB Shops, and increased demand from Chinese e-commerce advertisers," Mizuho analysts said. "Lastly, we view Messaging as an attractive optionality, and we estimate WhatsApp could incrementally increase Meta’s revenue base by a third over time using AI to automate customer service," they added<ref>https://www.investing.com/news/stock-market-news/mizuho-deep-dive-suggests-meta-platforms-upside-in-2024-432SI-3271393</ref>. | * "First, FY24 consensus revenue growth of 13% appears conservative against our expected 22% exit rate, considering drivers including improved monetization in Reels and FB Shops, and increased demand from Chinese e-commerce advertisers," Mizuho analysts said. "Lastly, we view Messaging as an attractive optionality, and we estimate WhatsApp could incrementally increase Meta’s revenue base by a third over time using AI to automate customer service," they added<ref>https://www.investing.com/news/stock-market-news/mizuho-deep-dive-suggests-meta-platforms-upside-in-2024-432SI-3271393</ref>. | ||
* Stifel analyst Mark Kelly said 2024 should be a good year for Meta particularly due to Apple changes that will make it easier for Meta to target users<ref>https://www.cnbc.com/video/2023/12/26/meta-should-see-a-good-year-in-2024-says-stifels-mark-kelley.html</ref>. | |||
=== Q4 was Meta's revenue peak === | === Q4 was Meta's revenue peak === | ||