Facebook Reports Second Quarter 2021 Results
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Facebook (FB) PT Raised to $450 at Guggenheim
July 29, 2021 8:56 AM EDTGuggenheim analyst Michael Morris raised the price target on Facebook (NASDAQ: FB) to $450.00 (from $410.00) while maintaining a Buy rating.
The analyst commented, "Facebook reported its third consecutive quarter of 31% two-year ad CAGR with acceleration in revenue growth and DAU/MAUs trends that were... More
Facebook (FB) PT Raised to $500 at Monness, Crespi, Hardt, Matching 'Street High'
July 29, 2021 7:57 AM EDTMonness, Crespi, Hardt analyst Brian White raised the price target on Facebook (NASDAQ: FB) to $500.00 (from $460.00) while maintaining a Buy rating.
The analyst commented, "Facebook reported strong 2Q:21 results and unveiled its vision for the future; however, recent upside in the digital ad world... More
Facebook (FB) PT Raised to $425 at Jefferies
July 29, 2021 7:55 AM EDTJefferies analyst Brent Thill raised the price target on Facebook (NASDAQ: FB) to $425.00 (from $400.00) while maintaining a Buy rating.
The analyst commented, "e are positive on Q2 results, as 56% y/y rev growth (vs. street's +49%) at a 43% GAAP op. margin represents the... More
Facebook (FB) Tops Q2 EPS by 59c, DAUs were 1.91 billion on average
July 28, 2021 4:06 PM EDTFacebook (NASDAQ: FB) reported Q2 EPS of $3.61, $0.59 better than the analyst estimate of $3.02. Revenue for the quarter came in at $29.1 billion versus the consensus estimate of $27.82 billion.
Facebook daily active users (DAUs) DAUs were 1.91 billion on average for June 2021, an increase of 7% year-over-year.Facebook monthly active users (MAUs) MAUs were 2.90 billion as of June 30, 2021, an increase of 7% year-over-year.Family daily active people (DAP) DAP was 2.76 billion on average for June 2021, an increase of 12% year-over-year.Family monthly active people (MAP) MAP was 3.51 billion as of June 30, 2021, an increase of 12% year-over-year.Capital expenditures Capital... More