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Meta Platforms:Quarterly Results/2023 Q4: Difference between revisions
Meta Platforms:Quarterly Results/2023 Q4 (view source)
Revision as of 14:24, 1 February 2024
, 1 February 2024→Q4 was Meta's revenue peak
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* 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>. | * 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 | === Impressive Q4 2023 Results === | ||
* Proactive Investors expects Q4 to have been Meta's revenue growth peak but thinks that it can overcome deceleration in 2024.<ref name=":1">https://ca.investing.com/news/stock-market-news/meta-in-solid-position-ahead-of-expected-revenue-deceleration-in-2024-analysts-3241056</ref> | * Proactive Investors expects Q4 to have been Meta's revenue growth peak but thinks that it can overcome deceleration in 2024.<ref name=":1">https://ca.investing.com/news/stock-market-news/meta-in-solid-position-ahead-of-expected-revenue-deceleration-in-2024-analysts-3241056</ref> | ||
* “Bulls suggest 2024 revenue will beat estimates and deceleration is expected/priced in the multiple, while bears may prefer perceived acceleration stocks with easier comparisons, including Pinterest (NYSE:PINS) and Snapchat,” the BoA analysts wrote<ref name=":1" />. | * “Bulls suggest 2024 revenue will beat estimates and deceleration is expected/priced in the multiple, while bears may prefer perceived acceleration stocks with easier comparisons, including Pinterest (NYSE:PINS) and Snapchat,” the BoA analysts wrote<ref name=":1" />. | ||
* Brian White, Monness Crespi Hardt analyst expects Meta to report an impressive fourth-quarter aided by AI innovations, secular digital trend and leaner cost structure. However,this year, he is worried about regulatory trends in Europe and U.S, cybersecurity attacks, and digital ad spending trends that could worsen as the economy slows.<ref>https://seekingalpha.com/news/4054374-meta-expected-strong-q4-stunning-reversal-of-fortune</ref> | |||
=== Year of Efficiency === | === Year of Efficiency === | ||