Meta: $750 Is Possible In 2025
Update - Jan. 29, 2025
Meta with another big quarter, Q1 guidance was wonky though. Another big beat in the March quarter and Meta beats the current consensus estimates.
-Q4 GAAP EPS of $8.02 beats by $1.26.
-Revenue of $48.39B (+20.6% Y/Y) beats by $1.4B.
CFO Outlook Commentary: We expect first quarter 2025 total revenue to be in the range of $39.5-41.8 billion vs. consensus of $41.62B. This reflects 8-15% year-over-year growth, or 11-18% growth on a constant currency basis as our guidance assumes foreign currency is an approximately 3% headwind to year-over-year total revenue growth, based on current exchange rates.
Original article posted on Jan. 22
- Meta Platforms, Inc.'s stock remains attractive due to AI and Metaverse opportunities, even after the stock's massive run in the last couple of years.
- The company has a massive catalyst in smart glasses with an aim to replace smartphones in the future, warranting Reality Labs' $17+ billion annual loss.
- The stock could reach $750 by 2025 based on 25x core earnings, with the smart glasses business a future catalyst.
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