31/07/2025 09:39

Meta Platforms Inc (META US) $US695.21

Meta Platforms shares surged in after-hours trading after it blew out second-quarter earnings expectations. Along with Alphabet's second-quarter earnings report last week, Meta's release reveals a lot of strength in digital advertising, at least for these two giants.

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17/07/2025 09:42

Meta Platforms Inc (META US) $US702.91

The old Facebook is evolving well with its advertising model proving resilient even with the economic uncertainties witnessed in 2025. Revenue for the 1st quarter of $US42.3 billion is helping pay for the company’s next step. Mark Zuckerberg has been one of the most prominent figures when it comes to investing in AI, pouring extraordinary resources into infrastructure, talent, and model development to transition from a social media company into a leading AI powerhouse.

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01/05/2025 09:25

Meta Platforms Inc (META US) $US549

Meta Platforms Inc. posted first quarter sales that beat expectations in a sign that the company’s advertising business is so far weathering the Trump administration’s ongoing trade war. 

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13/03/2025 09:47

Meta Platforms Inc (META US) $US619.56

META delivered strong fourth-quarter earnings and revenue in January with sales +21% year over year, driving a +49% increase in earnings, pushing the stock to fresh highs. They are ‘killing it’ in AI and have been one of the best performers in the Mag 7. However, it has since retreated in sync with the general tech sell-off.

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31/01/2025 09:53

Meta Platforms Inc (META US) $US686.99

The former Facebook, Meta Platforms closed up +1.5% overnight as investors liked what they heard from META late Wednesday. The tech giant reported fourth-quarter earnings and revenue that beat expectations, with sales surging +21% year over year which drove a +49% increase in earnings; it's no surprise the tech giant has posted fresh highs this month.

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29/08/2024 09:29

Meta Platforms (META US) $516.78

When the stock was trading below $US500 in early July, we wrote, “We can see META making fresh all-time highs in the coming months, but we wouldn’t be chasing such a move.” This stance hasn’t changed, and we won't be chasing the stock above $US500. Y

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04/07/2024 09:18

Meta Platforms Inc (META US) $US509.96

In April, META was hammered after forecasting higher expenses and lighter-than-expected revenue in its quarterly result. Still, the stock has regained its mojo since bouncing back within striking distance of its all-time high. While META is an impressive business, it is one we feel is maturing. Many younger people no longer use its traditional platform, and we can see growth becoming harder and more expensive; hence, it's not our favourite amongst the US “Super Six.”

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07/06/2024 08:50

Meta Platforms Inc (META US) $US493.76

In April, Meta issued better-than-expected first-quarter results, but the stock plunged lower on a disappointing revenue forecast: Revenue increased 27% from $28.65 billion, the fastest rate of expansion for any quarter since 2021. Net income more than doubled to $12.37 billion, or $4.71 per share, from a year ago.

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26/04/2024 09:18

Meta Platforms Inc (META US) $US441.38

META ended down -10.6% overnight, at one stage plunging up to 16% in premarket trading after the Facebook parent forecasted higher expenses and lighter-than-expected revenue in its quarterly result—not a great combination. The issue was all in the guidance, as it actually enjoyed a strong 1Q, with a beat in both the top and bottom lines. Revenue was 1% higher than consensus at $36.46 billion, up 27% year-on-year - the highest year-on-year (YoY) growth since 3Q 2021. Also, Earnings per share (EPS) beat expectations by 9.8%, coming in at $4.71 and up more than two-fold from the $2.20 a year ago. Unfortunately, the market expected more from Meta regarding its forward sales outlook.

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13/03/2024 09:25

Meta Platforms Inc (META US) $US499.53

The old Facebook rallied over 3% overnight as it continues to outperform, supported by its strong earnings report delivered early last month when it announced its inaugural dividend – sales jumped 25% over the year with EPS of $5.33, well above the $4.96 expected. This stellar result has taken the stock above $US500, but we feel another period of consolidation, as we saw in 2H of 2023, is close at hand – another stock we would put in the “buy the dip” bucket.

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