FB (Update)

Facebook Inc

TMT


Presented:08/02/2018
Price:$176.37
Cap:$509.65B
Current Price:$586.27
Cap:$1,483.16B

Presented

Date08/02/2018
Price$176.37
Market Cap$509.65B
Ent Value$527.04B
P/E Ratio27.28x
Book Value$27.46
Div Yield0%
Shares O/S2,889.68M
Ave Daily Vol22,672,041
Short IntN/A

Current

Price$586.27
Market Cap$1,483.16B
Facebook, Inc. engages in the development of social media applications for people to connect through mobile devices, personal computers, and other surfaces. It enables users to share opinions, ideas, photos, videos, and other activities online. Its products include Facebook, Instagram, Messenger, WhatsApp, and Oculus. 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.

Please note, this is an update to Facebook (FB) - Long, which was last updated in April 2014.

Publicly traded companies mentioned herein: Alphabet Inc (GOOGL), Facebook Inc (FB)

Highlights

The presenter remains long shares of Facebook (FB), having first presented the idea in 2013, seeing favorable long-term trends for its advertising ecosystem, despite some near-term uncertainty. He believes WhatsApp monetization could potentially occur at a faster pace than consensus estimates, and sees long-term upside from Stories despite near-term volatility. As trends stabilize over the next couple of quarters, the underlying shift from TV ad dollar spend towards FB could drive shares upwards. Overall, the presenter expects to see FB shares trading in the $200 - $250 range in 1 year’s time.

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Idea Discussion

Commentor 1 - 2 weeks ago

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