META

Meta Platforms Inc - Ordinary Shares - Class A

TMT


Presented:11/30/2022
Price:$118.10
Cap:$313.16B
Current Price:$586.27
Cap:$1,483.16B

Presented

Date11/30/2022
Price$118.10
Market Cap$313.16B
Ent Value$349.05B
P/E Ratio11.25x
Book Value$46.56
Div Yield0%
Shares O/S2,651.67M
Ave Daily Vol44,593,604
Short Int1.85%

Current

Price$586.27
Market Cap$1,483.16B
Meta Platforms, Inc., engages in the development of social media applications. It builds technology that helps people connect, find communities, and grow businesses. It operates through the Family of Apps (FoA) and Reality Labs (RL) segments. The FoA segment consists of Facebook, Instagram, Messenger, WhatsApp, and other services. The RL segment includes augmented and virtual reality related consumer hardware, software, and content. The company was founded by Mark Elliot Zuckerberg, Dustin Moskovitz, Chris R. Hughes, Andrew McCollum, and Eduardo P. Saverin on February 4, 2004, and is headquartered in Menlo Park, CA.

Publicly traded companies mentioned herein: Alphabet Inc (GOOGL), Apple Inc (AAPL), Meta Platforms Inc (META)

Highlights

The presenter is long Meta Platforms Inc (META), arguing that when you strip away Mark Zuckerberg’s massively expensive Reality Labs AR/VR projects, the core company is undervalued. Engagement, user base and ad penetration in the core social media business continue to grow, albeit at a lower level than before. Given these trends, he estimates that META earns $18/share in 2024 excluding the AR/VR losses. 

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Request access to DeMatteo Research for full access

Request Access

Already have an account?

Idea Discussion

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Idea Discussions display submitted commentary from our investor community.

To read and participate in the discussion with the presenter and investor base, request access to DeMatteo

Request Access

Already have an account?

An error occurred loading this content. Try again later or contact us.