Analysts Lift Price Targets On Meta Platforms Stock Ahead Of Q3 Earnings: Here's Why
Analysts Lift Price Targets On Meta Platforms Stock Ahead Of Q3 Earnings: Here's Why
"Although the stock is a crowded trade into the print, we believe it is the only big tech internet name that could beat and raise with substantial optionality in messaging and Gen-AI for creative," the analyst said.Meta Platforms Inc (NASDAQ:META) shares are trading narrowly higher Thursday. Multiple analysts raised price targets ahead of earnings in two weeks. Here's what you need to know.
納斯達克上的meta platforms股票週四交易略有上漲。在兩週內的業績公佈前，多家分析師上調了股價目標。以下是您需要知道的事項。
What To Know: Mizuho analyst James Lee maintained Meta with an Outperform rating and raised the price target from $600 to $650 as he anticipates a beat-and-raise quarter from the tech giant later this month.
需要了解的內容：瑞銀分析師James Lee維持對meta的跑贏評級，並將價格目標從600美元提高至650美元，因爲他預計這家科技巨頭本月晚些時候將會表現更好並給出高價目標。
The Mizuho analyst noted that a series of ad agency checks shows that ad spending is ahead of consensus estimates and at the high-end of Meta's guidance for 20% growth year-over-year. Lee believes the strength in ad spending is being driven by political advertising.
瑞銀分析師指出，一系列廣告公司的檢查顯示廣告支出超出了共識預期，並且在meta的指引範圍內呈20%的年增長。Lee認爲廣告支出的增長受到政治廣告的推動。
"Although the stock is a crowded trade into the print, we believe it is the only big tech internet name that could beat and raise with substantial optionality in messaging and Gen-AI for creative," the analyst said.
「儘管股票在披露前是一個熱門交易品種，但我們認爲它是唯一一個在消息傳遞和Gen-AI方面具有重大選擇性的大型科技互聯網名企，有望實現超越和提升，」 分析師表示。
TD Cowen analyst John Blackledge also released a positive update on Meta on Thursday. The analyst maintained Meta with a Buy rating and raised the price target from $600 to $675 ahead of earnings.
TD Cowen分析師John Blackledge也在週四發佈了對meta的積極更新。該分析師維持了買入評級，並將價格目標從600美元提高至675美元。
Meta is scheduled to report third-quarter financial results after the market close on Oct. 30. Analysts expect the company to report earnings of $5.23 per share and revenue of $40.238 billion, according to estimates from Benzinga Pro.
meta計劃在10月30日盤後公佈第三季度業績。據彭博社Pro的估計，分析師們預計該公司將報告每股5.23美元的收益和402.38億美元的營業收入。
Last quarter, Meta beat analyst estimates as revenue jumped 11% year-over-year and daily actives climbed 7%. The company noted at the time that ads delivered were up 34% year-over-year, while the average price per ad was down 16%.
上個季度，meta擊敗了分析師的預估，收入同比增長了11%，日活躍用戶增長了7%。該公司當時指出，廣告傳送同比增長了34%，而平均每次廣告收入下降了16%。
"We had a good quarter. We continue to see strong engagement across our apps and we have the most exciting roadmap I've seen in a while with Llama 2, Threads, Reels, new AI products in the pipeline, and the launch of Quest 3 this fall," CEO Mark Zuckerberg said in the second-quarter earnings release.
「我們過去一季表現不錯。我們繼續看到我們的應用程序保持強勁的參與度，而我們推出的Llama 2、Threads、Reels、在研發中的新人工智能產品以及本秋推出的Quest 3等產品組合是我近來見過的最令人興奮的產品路線圖，」 CEO馬克·扎克伯格在第二季度的業績發佈中表示。
Meta has exceeded analyst estimates on the top and bottom lines in six consecutive quarters, according to Benzinga data.
meta在過去六個季度中，營業收入和利潤超出了分析師的預期，根據彭博數據。
META Price Action: Meta shares were up 0.11% at $577.44 at the time of publication. Meta shares are up approximately 63% year-to-date, per Benzinga Pro.
META股價表現：Meta股價在發稿時爲577.44美元，上漲0.11%。根據彭博專業版數據，Meta股價年初至今上漲約63%。
Photo: Shutterstock.
照片：shutterstock。
譯文內容由第三人軟體翻譯。
