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Facebook parent company Meta announced its fiscal third quarter earnings after the closing bell on Wednesday, beating analysts' expectations on the top and bottom lines.The company forecast Q4 ...
Meta also once again raised the low end of its full-year capex forecast to a range of $38 billion to $40 billion, up from previous guidance of $37 billion to $40 billion. Meanwhile, it expects a ...
On the plus side, Meta stock is heading into its Oct. 30 report at a price-to-earnings (P/E) ratio of 29.4, which is a discount to the 32.1 P/E ratio of the Nasdaq-100 index. That means it's ...
The average Wall Street forecast for Meta's stock price over the next 12 months is a bit lower at $583, according to Bloomberg consensus estimates. Some 88% of Wall Street analysts covering the ...
The forecast knocked about $67 billion off Meta's stock market value in extended trade, adding to the more than half a trillion dollars in value already lost this year.
Meta’s stock price almost tripled last year and, as of Wednesday’s close, was up 40% in 2024. ... an increase from a prior forecast of $30 billion to $37 billion “as we continue to ...