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.
纳斯达克上的meta platforms股票周四交易略有上涨。在两周内的财报公布前，多家分析师上调了股价目标。以下是您需要知道的事项。
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.
需要了解的内容：瑞银分析师James Lee维持对meta的跑赢评级，并将价格目标从600美元提高至650美元，因为他预计这家科技巨头本月晚些时候将会表现更好并给出高价目标。
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.
瑞银分析师指出，一系列广告公司的检查显示广告支出超出了共识预期，并且在meta的指引范围内呈20%的年增长。Lee认为广告支出的增长受到政治广告的推动。
"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.
“尽管股票在披露前是一个热门交易品种，但我们认为它是唯一一个在消息传递和Gen-AI方面具有重大选择性的大型科技互联网名企，有望实现超越和提升，” 分析师表示。
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分析师John Blackledge也在周四发布了对meta的积极更新。该分析师维持了买入评级，并将价格目标从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计划在10月30日盘后公布第三季度财报。据彭博社Pro的估计，分析师们预计该公司将报告每股5.23美元的收益和402.38亿美元的营业收入。
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%.
上个季度，meta击败了分析师的预估，收入同比增长了11%，日活跃用户增长了7%。该公司当时指出，广告传送同比增长了34%，而平均每次广告收入下降了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.
“我们过去一季表现不错。我们继续看到我们的应用程序保持强劲的参与度，而我们推出的Llama 2、Threads、Reels、在研发中的新人工智能产品以及本秋推出的Quest 3等产品组合是我近来见过的最令人兴奋的产品路线图，” CEO马克·扎克伯格在第二季度的财报发布中表示。
Meta has exceeded analyst estimates on the top and bottom lines in six consecutive quarters, according to Benzinga data.
meta在过去六个季度中，营业收入和利润超出了分析师的预期，根据彭博数据。
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股价表现：Meta股价在发稿时为577.44美元，上涨0.11%。根据彭博专业版数据，Meta股价年初至今上涨约63%。
Photo: Shutterstock.
照片：shutterstock。
