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

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

April 24, 2014 11:21 AM EDT

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 EDT

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 EDT

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 EDT

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 EDT

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 EDT

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 EDT

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) PT Lifted at Susquehanna on 'Clean' Beat

April 24, 2014 6:43 AM EDT

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) Bullish View Reiterated at Janney Capital Following Solid Q1

April 24, 2014 6:29 AM EDT

Janney Capital analyst Tony Wible reiterated his Buy rating and $71 fair value target on Facebook (NASDAQ: FB) following Q1 EPS that beat the Street by 10 cents on stronger mobile pricing and cost leverage. A lower tax rate also added $0.03 to the beat.

Wible... More

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

April 24, 2014 6:17 AM EDT

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 EDT

(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