Facebook (FB) Bullish View Reiterated at Janney Capital Following Solid Q1

Facebook (FB) PT, Estimates Lifted at Raymond James Post Q1

April 24, 2014 11:21 AM UTC

Raymond James analyst analyst Aaron Kessler reiterated an Outperform rating and boosted his price target on Facebook (NASDAQ: FB) from $71 to $77 following strong Q1 ad growth an margin leverage.

Kessler comments, "Facebook reported a strong 1Q marked by accelerating advertising revenue (+82% y/y vs. +76% y/y in 4Q), margin expansion, and positive user engagement trends. We maintain our... More

Pivotal Research Describes Facebook's (FB) Q1 as 'Monster Quarter'

April 24, 2014 9:32 AM UTC

Pivotal Research maintained a Buy rating on Facebook (NASDAQ: FB) and raised its price target to $74.00 (from $72.00). Analyst Brian Wieser called Q1 a 'monster quarter'.

"Facebook (FB, Buy) reported another monster quarter, with total revenue up by 71%, and advertising up by 82% year over year (vs. our 65% forecast, and a faster... More

Facebook (FB) Target, Estimates Lifted at SunTrust Post Q1

April 24, 2014 8:48 AM UTC

SunTrust Robinson Humphrey analyst Robert Peck boosted his price target on Buy-rated Facebook (NASDAQ: FB) from $70 to $72 following solid Q1 results. The analyst said he remains positive.

Peck notes revenue accelerated: "Ad revenues +82% Y/Y vs. 76% in 4Q and 72% in 3Q... More

Goldman Sachs Comments on Facebook's (FB) Q1

April 24, 2014 8:21 AM UTC

Goldman Sachs reiterated a Buy rating on Facebook (NASDAQ: FB) with a price target of $78.00.

Analyst Heather Bellini said, "We reiterate our Buy and our 12-month price target of $78 (DCF, EV/EBITDA, P/FCF). Our industry... More

Facebook (FB) Target Lifted at Piper Jaffray Post Q1

April 24, 2014 7:30 AM UTC

Piper Jaffray analyst Gene Munster raised his price target on Overweight-rated Facebook (NASDAQ: FB) from $67 to $76 following Q1 results.

Munster commented, "Facebook reported its seventh consecutive quarter of ad revenue growth acceleration as ad revenue in Q1 grew 82% from 76% in Q4, demonstrating... More

Deutsche Bank Comments on Facebook 'Growth Deceleration' (FB); Analyst Raises PT to $85

April 24, 2014 7:18 AM UTC

Deutsche Bank maintained a Buy rating on Facebook (NASDAQ: FB) and raised its price target to $85.00 (from $76.00). Analyst Ross Sandler described Q1 as solid, especially in the US and on mobile, but he expressed some caution about "growth deceleration."

"Facebook reported ad revenue of $2.27B, or $130m above consensus, and importantly, EBITDA exceeded by 34%. The company continues to execute extremely well across the board. The muted reaction to results isnt that surprising... More

Facebook (FB) PT, Estimates Lifted at FBR Capital

April 24, 2014 6:57 AM UTC

FBR Capital analyst William Bird reiterated an Outperform rating on Facebook (NASDAQ: FB) and boosted his price target from $66 to $77 following strong Q2 results driven by mobile.

Bird commented "Facebook, Inc. (FB) delivered outstanding results across metrics.... More

Facebook (FB) Estimates, PT Lifted at Jefferies Following Strong Q1

April 24, 2014 6:49 AM UTC

Jefferies US Internet Team raised estimates and its price target on Buy-rated Facebook (NASDAQ: FB) from $80 to $85 following Q1 results driven by an accelerating mobile business.

The team said, "FB continues to impress with the 4th straight quarter of accelerating revenue, a... More

Facebook (FB) PT Lifted at Susquehanna on 'Clean' Beat

April 24, 2014 6:43 AM UTC

Susquehanna analyst Brian Nowak reiterated a Positive rating and boosted his price target on Facebook (NASDAQ: FB) from $69 to $72 following another "clean" beat with record incremental margins.

Highlights, according to Nowak:

Last night, FB reported strong 1Q:14 revenue of $2.5bn, 2.5% ($60mn) above us and 6.5% ($152mn) above the Street. The beat vs. us was driven almost entirely by higher than expected ad revenue, beating our $2.3bn ad estimate by 2.5% ($56mn).1Q again showcased FB's mobile leadership, as 1Q mobile ad revenue of $1.34bn beat us by $104mn (8.5%) and the Street... More

Facebook (FB) Delivers Solid Q1 'Beat' as Core Ops Remain Firm; Cowen Keeps at 'Outperform'

April 24, 2014 6:17 AM UTC

Cowen and Company maintains Facebook (Nasdaq: FB) at Outperform with a target price of $85 following Q1 results posted Wednesday night.

Analyst John Blackledge noted revs of $2.50 billion topped his expectations by 1.5 percent while adjusted EPS of $.34 compares with the analyst's estimate of $.28 (consensus was at... More

Facebook (FB) Tops Q1 EPS by 10c

April 23, 2014 4:01 PM UTC

(Updated - April 23, 2014 4:03 PM EDT)

Facebook (NASDAQ: FB) reported Q1 EPS of $0.34, $0.10 better than the analyst estimate of $0.24. Revenue for the quarter came in at $2.5 billion versus the consensus estimate of $2.34 billion.

First Quarter 2014 Operational Highlights

Daily active users (DAUs) were 802 million on... More