Meta stock

Of all FAANG stocks, Meta (NASDAQ:META) had the most depressing 2022, with the shares contracting by 65% over the course of the year.

It all amounts to a positive assessment of Meta’s prospects, especially considering the lowered expectations. And going by the recent workforce reductions, Meta appears to be taking a more prudent approach to investments. Against this backdrop, between FY22 and FY30, Black is looking for revenue CAGR (compound annual growth rate) of ~8%. It is very important to do your own analysis before making any investment. As such, between FY22 and FY30, Black sees EBITDA margins expanding by 600bps from ~44% to ~50%. The downturn was driven by several headwinds including softness in the broader ad market, the ongoing rise of rival TikTok, exposure to IDFA and the continued losses as a result of chasing its metaverse ambitions.

Meta shares soared Wednesday despite an earnings miss, as the Facebook parent company guided for potentially more revenue than Wall Street expected.

He recommitted to Meta’s emphasis on AI and the metaverse, a platform for “better social experiences” than the phone, he said. But they also arrived on the same day Facebook scored a major win in a California court. Meta executives said they now expect operating expenses to be $89 billion to $95 billion this year based on slower salary growth, cost of revenue, and $1 billion in savings from facilities consolidation — down from previous guidance for $94 billion to $100 billion. [GOOGL, +1.61%](/investing/stock/GOOGL?mod=MW_story_quote) [GOOG,](/investing/stock/GOOG?mod=MW_story_quote)Google and Pinterest Inc. Analysts polled by FactSet expected Meta to post fourth-quarter revenue of $31.55 billion on earnings of $2.26 a share, and the beat on sales coincided with a revenue forecast that also met or exceeded expectations. “At first glance…Meta getting its mojo back,” Baird Equity Research analyst Colin Sebastian said in a note late Wednesday. [AAPL, +0.79%](/investing/stock/AAPL?mod=MW_story_quote)ad-tracking system in 2021 that punitively harmed Meta, costing it potentially billions of dollars in advertising sales. Meta expects to increase its spending on its own stock. “Our community continues to grow and I’m pleased with the strong engagement across our apps. The cost cuts seemed to pay off Wednesday. “The progress we’re making on our AI discovery engine and Reels are major drivers of this. Earnings were $4.65 billion, or $1.76 a share, compared with $10.3 billion, or $3.67 a share, last year.

Yes, but: The company still lost money last quarter compared to the same quarter in 2021.

- Reality Labs lost $4.27 billion last quarter, bringing its total losses for the year to $13.71 billion. We're going to take the same approach there as well." - "I do think that our philosophy of building these consumer products, focusing on getting them to hundreds of millions or billions of people and then focusing on monetization beyond that ... - Monthly Active Users (MAUs): 2.96 billion vs 2.98 billion expected, according to StreetAccount - Daily Active Users (DAUs): 2 billion vs 1.99 billion expected, according to StreetAccount Details: Meta reported $4.2 billion in restructuring charges for the fourth quarter and says it expects to spend another $1 billion on restructuring costs for the year.

Meta stock jumped late Wednesday after reporting fourth-quarter results that beat on revenue but apparently fell short on earnings.

Facebook just reached the milestone of 2 billion daily actives," Meta Chief Executive Mark Zuckerberg said in a written statement with the earnings release. But the company made technology improvements with its ad strategy approach. Meta stock soared as the company announced a $40 billion stock buyback. "Our community continues to grow and I'm pleased with the strong engagement across our apps. The midpoint of $27.25 billion is above estimates of $27.1 billion. [Relative Strength Rating of 72](https://www.investors.com/news/technology/meta-platforms-trying-to-close-in-on-key-technical-measure/) out of 100. An earnings comparison with analyst estimates was not immediately available due to restructuring charges reported by the company. For its first quarter, the company expects revenue in the range of $26 billion to $28.5 billion. [SNAP](https://research.investors.com/quote.aspx?symbol=SNAP)), Etsy ( [ETSY](https://research.investors.com/quote.aspx?symbol=ETSY)) and Pinterest ( [PINS](https://research.investors.com/quote.aspx?symbol=PINS)), Meta is challenged not only by macroeconomic weakness but also by a painful drop in digital advertising, which accounts for almost all of its revenue. Analysts expected revenue of $31.55 billion, according to FactSet. [AAPL](https://research.investors.com/quote.aspx?symbol=AAPL)) changed privacy policies for the iPhone. [cut 11,000 jobs](https://www.investors.com/news/technology/meta-stock-climbs-as-mass-layoffs-revealed/).

The stock spiked more than 18% in after-hours trading after the company beat its fourth-quarter revenue estimate by about $700 million.

[ social media companies](https://www.forbes.com/sites/dereksaul/2023/02/01/snap-losses-top-115-billion-as-company-struggles-to-live-up-to-show-me-moment/?sh=799f4d151c0b). Spokesman Nick Clegg said in a statement the company doesn’t believe Trump’s presence poses the same “serious risk to public safety” that it did shortly after the storming of the Capitol. Meta [ cut around 11,000 jobs](https://www.forbes.com/sites/roberthart/2022/11/09/meta-confirms-layoffs-11000-jobs-cut-at-facebooks-parent-company/?sh=3d5934161280)—13% of its workforce—in November and extended a hiring freeze through the start of 2023 as cost-cutting measures. [Snap Losses Top $115 Billion As Company Struggles To Live Up To ‘Show Me’ Moment](https://www.forbes.com/sites/dereksaul/2023/02/01/snap-losses-top-115-billion-as-company-struggles-to-live-up-to-show-me-moment/?sh=799f4d151c0b) (Forbes) [Does Mark Zuckerberg Not Understand How Bad His Metaverse Looks?](https://www.forbes.com/sites/paultassi/2022/08/17/does-mark-zuckerberg-not-understand-how-bad-his-metaverse-looks/?sh=1393374d37d4) (Forbes) [Meta Confirms Layoffs—11,000 Jobs Cut At Facebook’s Parent Company](https://www.forbes.com/sites/roberthart/2022/11/09/meta-confirms-layoffs-11000-jobs-cut-at-facebooks-parent-company/?sh=3d5934161280) (Forbes) [Trump Reinstated To Facebook And Instagram](https://www.forbes.com/sites/nicholasreimann/2023/01/25/trump-reinstated-to-facebook-and-instagram/?sh=6def2f4552e0) (Forbes) But his vision has largely failed to impress investors, as the company’s metaverse-centered Reality Labs unit lost more than $9 billion in the first three quarters of 2022 and Zuckerberg’s demonstrations of the [ metaverse were widely mocked](https://www.forbes.com/sites/paultassi/2022/08/17/does-mark-zuckerberg-not-understand-how-bad-his-metaverse-looks/?sh=1393374d37d4). [ Facebook and Instagram accounts](https://www.forbes.com/sites/nicholasreimann/2023/01/25/trump-reinstated-to-facebook-and-instagram/?sh=6def2f4552e0), which were banned for two years following the January 6, 2021 attack on the Capitol.

For years, Facebook and its CEO Mark Zuckerberg invested heavily in growth, including in areas like virtual reality with unproven potential.

The company also lost a total of more than $13.7 billion in its “Reality Labs” unit which houses its metaverse efforts. Li said that ad revenue growth from its top advertising verticals, online commerce and consumer packaged goods, remained negative during the December quarter but fell at a slower rate than in the previous quarter. The guidance is somewhat better than Snapchat-parent Snap’s from earlier in the week, which said it expects first quarter revenue to fall between 2% and 10% compared to the previous year. Zuckerberg explained the focus on efficiency during the analyst call by acknowledging that for the first 18 years of the company’s history, its revenue grew sharply each year. In its earnings report, Meta said it has cut its guidance for capital expenditures for 2023 down slightly to between $30 billion and $33 billion, citing plans for lower data center construction spending. The social media giant’s quarterly net income was just shy of $4.7 billion, down 55% from the same period in the prior year and below analysts’ expectations.

Meta stock jumped late Wednesday after reporting fourth-quarter results that fell short on earnings but beat on revenue.

Facebook just reached the milestone of 2 billion daily actives," Meta Chief Executive Mark Zuckerberg said in a written statement with the earnings release. But the company made technology improvements with its ad strategy approach. Meta stock soared as the company announced a $40 billion stock buyback. "Our community continues to grow and I'm pleased with the strong engagement across our apps. The midpoint of $27.25 billion is above estimates of $27.1 billion. [Relative Strength Rating of 72](https://www.investors.com/news/technology/meta-platforms-trying-to-close-in-on-key-technical-measure/) out of 100. An earnings comparison with analyst estimates was not immediately available due to restructuring charges reported by the company. For its first quarter, the company expects revenue in the range of $26 billion to $28.5 billion. [SNAP](https://research.investors.com/quote.aspx?symbol=SNAP)), Etsy ( [ETSY](https://research.investors.com/quote.aspx?symbol=ETSY)) and Pinterest ( [PINS](https://research.investors.com/quote.aspx?symbol=PINS)), Meta is challenged not only by macroeconomic weakness but also by a painful drop in digital advertising, which accounts for almost all of its revenue. Analysts expected revenue of $31.55 billion, according to FactSet. [AAPL](https://research.investors.com/quote.aspx?symbol=AAPL)) changed privacy policies for the iPhone. [cut 11,000 jobs](https://www.investors.com/news/technology/meta-stock-climbs-as-mass-layoffs-revealed/).

Meta is all-in on becoming a lean, mean cash-printing machine. In its Q4 earnings call on Wednesday, Meta CEO Mark Zuckerberg described the company's near ...

Well that was certainly a surprise! Heading into earnings Wednesday evening, analysts polled by The Fly had predicted that Meta Platforms (NASDSAQ:META) ...

Despite reporting a 4% year over year decline in revenue in Q4 (total revenues dropped only 1% for the year), a 22% increase in costs (23% for the year), and a staggering 52% decline in per-share profits (38% for the year), Meta undeniably beat earnings estimates with a stick. Earnings for Q4 (down 52%) were also worse than full-year earnings (down 38%). As it turned out, Meta missed the earnings estimate, at least, by a metric mile, reporting profits of only $1.76 per share — a $1 billion-wide earnings miss. It is very important to do your own analysis before making any investment. Sales for the quarter, remember, were worse than for 2022 as a whole — down 4%. Investors broke out in applause.

Meta's shares soared by more than 30% in after-hours trading on Wednesday following its Q4 2022 earnings report and pledging to focus on efficiency.

“But, you know, this is more generally the reality of the online advertising environment that we operate in.” we don’t expect that those decisions are going to affect our ability to provide personalized advertising in the EU.” But Meta is making moves to improve Reels monetization efficiency on Facebook, which the company says has doubled over the past six months. That shift was partially a reflection of engagement growth with surfaces that are still ramping up from a money-making perspective, like Reels. More than 40% of Facebook and Instagram advertisers now use Reels across Meta’s apps, but Reels still monetizes at a lower rate than ads in feed. Meta’s total revenue for 2022 was $116.6 billion, down 1% YoY.

Meta Platforms shares soared higher Thursday, after the social media group unveiled plans for a $40 billion stock buyback and forecast better-than-expected ...

The shares surged as much as 20% in premarket trading after Chief Executive Officer Mark Zuckerberg pledged Wednesday to make the social media company leaner.

We can't just treat everything like it's hyper growth,” Meta CEO Mark Zuckerberg told analysts.

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It's shaping up to be a good day for Meta Platforms. Shares in Facebook's parent company jumped 19% at the open, putting the stock on pace for its best ...

In July 2013, Meta's shares rose 30% in one day.\n\nIn a bad year for markets in 2022, Meta was among the notable losers. The company posted a 55% decline in net profit from the year before. It's shaping up to be a good day for Meta Platforms.\n\nShares in Facebook's parent company jumped 25% in morning trading, putting the stock on pace for its best daily performance in nearly a decade.\n\nAt that pace, there is only one other day where the stock performed better.

Meta Platforms saw a slew of analyst upgrades as shares rose nearly 20% off the backs of a better-than-anticipated earnings report and optimistic ...

"Our management theme for 2023 is the 'Year of Efficiency' and we're focused on becoming a stronger and more nimble organization," he said in a statement Wednesday. At Guggenheim, Michael Morris revised his price target to $210, maintaining a buy rating, citing in part lowered costs and a belief in management messaging on "momentum." In a word, Mahaney wrote, "Yes." He cited "materially reduced expense projections" and a larger-than-anticipated share buyback, upping his price target to $275 and reiterating an outperform rating. "Does META Really Deserve To Be Up 20% In The After-Market?!" [Meta](/quotes/META/) shares jumped 25% Thursday morning, on pace for the best day in nearly a decade, with a slew of [analyst upgrades](https://www.cnbc.com/2023/02/02/analysts-laud-meta-platforms-focus-on-efficiency-say-the-stock-is-transitioning-from-doghouse-to-pedestal.html) coming off the back of a [fourth-quarter revenue beat](https://www.cnbc.com/2023/02/01/facebook-parent-meta-earnings-q4-2022.html) and optimistic prognostications from CEO Mark Zuckerberg.

Shares of Meta staged a massive rally Thursday after the Mark Zuckerberg-led Facebook parent company beat expectations in its latest quarterly earnings ...

The Meta boss is now the 16th-richest person in the world, rising six spots thanks to the latest stock surge, surpassing notable names including Indian billionaire Gautam Adani, whose fortune has [nosedived considerably](https://www.forbes.com/sites/siladityaray/2023/02/02/adani-drops-to-third-richest-in-asia-after-another-stock-market-rout/?sh=1c2528717d37) in recent days as his empire contends with fraud allegations from short seller Hindenburg Research. “But it appears that Meta has found their own religion on efficiency/profitability and investors now find a leaner, sharper company before them.” The social media giant changed its name from Facebook to Meta in October 2021 to reflect its commitment to the metaverse, Zuckerberg’s vision for an online experience incorporating augmented and virtual reality. [Meta Stock Soars After Beating Revenue Estimate](https://www.forbes.com/sites/nicholasreimann/2023/02/01/meta-stock-soars-after-beating-revenue-estimate/?sh=7cf57e7c5c4f) (Forbes) [Adani Drops To Third Richest In Asia After Another Stock Market Rout](https://www.forbes.com/sites/siladityaray/2023/02/02/adani-drops-to-third-richest-in-asia-after-another-stock-market-rout/?sh=1c2528717d37) (Forbes) Other large technology stocks have also slumped recently, with Meta’s 46% loss since the beginning of 2022 slightly outpacing the declines of Amazon (34%), Alphabet (27%) and Netflix (40%). [beat expectations](https://www.forbes.com/sites/nicholasreimann/2023/02/01/meta-stock-soars-after-beating-revenue-estimate/?sh=7cf57e7c5c4f) in its latest quarterly earnings numbers, outlined cost-cutting measures and announced a $40 billion stock buyback, as Wall Street regains faith in the “House of Zuck.”