Facebook (FB) Stock Jumps With Guidance Not As Bad as Feared
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Facebook (FB) PT Lowered to $460 at Monness, Crespi, Hardt
October 26, 2021 8:06 AM EDTMonness, Crespi, Hardt analyst Brian White lowered the price target on Facebook (NASDAQ: FB) to $460.00 (from $500.00) while maintaining a Buy rating.
The analyst commented, "Facebook reported lackluster 3Q:21 results and issued a tepid 4Q:21 outlook but unveiled a new $50 billion stock repurchase... More
Facebook (FB) PT Lowered to $420 at Jefferies
October 26, 2021 7:41 AM EDTJefferies analyst Brent Thill lowered the price target on Facebook (NASDAQ: FB) to $420.00 (from $440.00) while maintaining a Buy rating.
The analyst commented, "At first glance, Q3 results were mostly negative with a 2% rev miss, Q4 rev guidance 5% below street (at midpoint),... More
Facebook (FB) Stock Gains Despite Missing on Q3 Revenue and Q4 Guidance, Analysts Lower PTs But Remain Positive as IDFA Headwinds Though Not as Bad as Feared
October 26, 2021 5:54 AM EDTShares of Facebook (NASDAQ: FB) are up nearly 3% in pre-open Tuesday after the company delivered mixed Q3 results.
Facebook reported Q3 EPS of $3.22 to top the analyst estimate of $3.19. Revenue for the quarter came in at $29.01 billion, lower than the consensus estimate of $29.58 billion.
"We made good progress this quarter and our community continues to grow. I'm excited about our roadmap, especially around creators, commerce, and helping to build the metaverse, said Mark Zuckerberg, Facebook founder and CEO.
Daily active users (DAUs) came in line with the expectations at 1.93 billion, while monthly... More
UPDATE: Facebook's (FB) IDFA Woes are a Bump in the Road to Metaverse, PT Raised to $400 at BofA Securities
October 26, 2021 5:46 AM EDT(Updated - October 26, 2021 6:29 AM EDT)
BofA Securities analyst Justin Post raised the price target on Facebook (NASDAQ: FB) to $400.00 (from $385.00) while maintaining a Buy rating after the company reported revenue of $29.0bn, (+35% y/y) below the Street at $29.6bn. Ad... More
Facebook (FB) PT Lowered to $410 at Raymond James
October 26, 2021 5:28 AM EDTRaymond James analyst Aaron Kessler lowered the price target on Facebook (NASDAQ: FB) to $410.00 (from $450.00) while maintaining a Strong Buy rating.
The analyst commented, "Facebook reported 3Q results below consensus, but better than feared following last weeks commentary from SNAP on the... More
