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Meta Platforms:Quarterly Results/2024 Q3: Difference between revisions
Meta Platforms:Quarterly Results/2024 Q3 (view source)
Revision as of 09:32, 22 October 2024
, 22 October 2024→Meta to report solid results in Q3 2024
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* Buy, $590->$663: Stifel pointed out that their checks indicates that Meta's growth accelerated in Q3<ref>https://thefly.com/permalinks/entry.php/id3997734/META-Meta-Platforms-price-target-raised-by--at-Stifel-heres-why</ref>. | * Buy, $590->$663: Stifel pointed out that their checks indicates that Meta's growth accelerated in Q3<ref>https://thefly.com/permalinks/entry.php/id3997734/META-Meta-Platforms-price-target-raised-by--at-Stifel-heres-why</ref>. | ||
* Buy, $600->$675: TD Cowen expects Meta's Q3 revenue to grow by 19% y/y driven by improving engagement and monetization of video surfaces such as Reels<ref>https://thefly.com/permalinks/entry.php/id3999943/META-Meta-Platforms-price-target-raised-by--at-TD-Cowen-heres-why</ref>. | * Buy, $600->$675: TD Cowen expects Meta's Q3 revenue to grow by 19% y/y driven by improving engagement and monetization of video surfaces such as Reels<ref>https://thefly.com/permalinks/entry.php/id3999943/META-Meta-Platforms-price-target-raised-by--at-TD-Cowen-heres-why</ref>. | ||
* Buy, $600->$675: Jefferies said market surveys made them optimistic that Meta would perform well in Q3. They added that their revenue estimate for 2024 is above the market consensus<ref>https://www.finanzen.ch/analyse/meta-platforms-ex-facebook-buy-974623</ref>. | |||
=== Cautious outlook on Q3 earnings === | === Cautious outlook on Q3 earnings === | ||