6,294
edits
Meta Platforms:Quarterly Results/2023 Q4: Difference between revisions
Meta Platforms:Quarterly Results/2023 Q4 (view source)
Revision as of 15:37, 1 February 2024
, 1 February 2024→Analysts Opinions
| Line 180: | Line 180: | ||
* “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 expected to be a good year for Meta === | === FY 2024 is 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>. | ||
| Line 189: | Line 189: | ||
* 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 | * Brian White, Monness Crespi Hardt analyst expects Meta to report an impressive fourth-quarter aided by AI innovations, secular digital trends 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> | ||
* '''Mark Mahaney is forecasting Q4 revenue of $38.9 billion, 2% above the Street's model and monthly active users of 3.03 billion (+2%)'''<ref>https://www.morningstar.com/news/marketwatch/20240131162/meta-platforms-is-primed-for-a-big-quarter-with-ads-ai-push</ref>'''.''' | |||
=== Year of Efficiency === | === Year of Efficiency === | ||