Meta Platforms, Inc (META) – Reels look promising, and Ads rebound

Meta Platforms, Inc (META) (Q2FY23)

Stock performance: Meta Platform stock price showed an upward trend in the past 3-month period and gave a 13% return. The stock price rose by 77% in the past 1-year. The stock has a 52-week high of $326.2 and a 52-week low of $88.

Quarter Performance: In Q2FY23, revenue increased 11% to $31.99bn as compared to $28.8bn in Q2FY22. In the six-month period, revenue rose 7% to $60.6bn from $56.72bn in the prior period due to an increase in FOA revenue as compared to the prior period.

Guidance: Total revenue for Q3FY23 is expected to be in the range of $32bn-$34bn range. Total expenses are expected to be in the $88bn-$91bn range for FY23.

Highlights

Metaverse is a key factor in the growth of META due to its recent emergence, particularly in gaming. However, the company anticipates success in social platforms, entertainment, the workplace, and education.

This report is useful for M&A, business & investment analysis to all students, researchers, investors, private equity houses, broking firms, hedge funds, advisory firms and corporates to decide upon their investment strategies. Do connect with us, if you are looking for equity valuation, recommendation, analysis and market recommendation for any specific company, sector and industry.

Highlights

Valuation

– Enterprise Value
– CrispIdea Forecast
– CrispIdea Segment Forecast
– Economic Value Added Analysis
– P/E Analysis
– Peer Valuation
– CrispIdea Forecast Relative to Consensus
– Consensus History and Surprise
– Consensus Momentum

Actual & Historical Performance

– Income Statement
– Balance Sheet
– Cash Flow
– 10 Year Historical Performance
– Ratio Analysis
– Du Pont Analysis
– ROIC & ROCE Analysis
– Segment Performance
– Key Metrics
– Key Developments
– M&A Deals

Peer Performance

– Summary
– Profitability
– Growth
– Price Performance

Ownership

Stock Price Performance

Crispidea Coverage

No of Pages: 42

To download the previous quarter’s equity/ stock report CLICK HERE

To Download other equity/ stock reports CLICK HERE

Follow our LinkedIn page for more updates.