Facebook Reports First Quarter 2018 Results

Facebook (FB) PT Raised to $205 at Deutsche Bank

Deutsche Bank raised its price target on Facebook (NASDAQ: FB) to $205.00 (from $200.00) while maintaining a Buy rating.

Analyst Llyod Walmsley commented, "We feel better about Facebook shares coming out of 1Q earnings, particularly with regards to the implications of GDPR to ad revenue. The company... More

Facebook (FB) PT Raised to $225 at Monness, Crespi, Hardt

Monness, Crespi, Hardt raised its price target on Facebook (NASDAQ: FB) to $225.00 (from $200.00) while maintaining a Buy rating.

Analyst Brian White commented, "After more than a month of the Cambridge Analytica fiasco hanging over Facebooks stock, this was the markets first... More

Macquarie Remains Bullish on Facebook (FB) Following Solid 1Q

Macquarie reiterated an Outperform rating and $200.00 price target on Facebook (NASDAQ: FB) following the company's 1Q earnings release. Despite relentlessly negative headlines related to privacy/data/targeting, FB posted a very strong quarter, with revenue and margin upside. 1Q revenues and EPS were 4.7% and $0.16 above... More

Facebook (FB) Raises Buyback by $9 Billion

With earnings, Facebook (NASDAQ: FB) said it increased the amount authorized under our share repurchase program by an additional $9.0 billion. Our board of directors originally authorized repurchases of up to $6.0 billion of our Class A common stock under the repurchase program, and this increase is incremental to the original authorization.

Facebook (FB) Tops Q1 EPS by 34c, Revenues Beat

Facebook (NASDAQ: FB) reported Q1 EPS of $1.69, $0.34 better than the analyst estimate of $1.35. Revenue for the quarter came in at $11.97 billion versus the consensus estimate of $11.41 billion.

"Despite facing important challenges, our community and business are off to a strong start in 2018," said Mark Zuckerberg, Facebook founder and CEO. "We are taking a broader... More