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Meta Stock Downgrade: A Growing Risk All Investors Must Consider seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.
Meta Platforms: Zuckerberg Plugs The Value Gap (Rating Downgrade) (NASDAQ:META) seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.
I believe that Meta Platforms is undervalued due to a big pessimism that hit the stock after the 2Q22 results. Click here to read why I rate the shares as a buy.
Meta Platforms' (FB) Q4 results were not bad. Check out how Mark Zuckerberg has put the emphasis on TikTok, which is becoming a huge competitor for FB.
January 28, 2021 Facebook’s advertising revenue and net income increased 31% YoY and 53% YoY, respectively in the quarter ended December 31, 2020. But the company expects “significant ad targeting headwinds” in 2021, including from the impact iOS 14 and “evolving regulatory landscape”, including “continuing uncertainty” around viability of transatlantic data transfers in Europe. The company will also stop recommending political and civic groups to users globally and reduce the amount of political content on the News Feed. Facebook believes it benefited from the shift to online commerce and the shift in consumer demand towards products from services, providing a tailwind to the advertising business in second half of 2020.