Meta: It’s a Meta (matter) of time for outperformance!

$Meta Platforms, Inc.(META)$ 


(Apologies Tigers! I was away for a work trip last week and was not able to post any article. 1Q earnings season is here and I will do my best to take time from my busy work schedule to update on Companies and my view!)


META will be reporting its earnings next Wednesday 26 April and I am really excited and looking forward to the Company's 1Q23 performance and outlook!

Meta share price has been up 82% year-to-date, and its primarily driven by cost cutting news. I believe for the next leg of growth from $200 to $300, it will be driven by top-line re-acceleration which will come from the base business improving, AI investments and Advantage+, Reels, and Click-to-Message.

For 1Q23 specifically, investors are most likely expecting revenue of $28B+ (at least flat on a reported basis; +LSD% FXN) with sequential improvement into the second quarter. As for expenses, Meta has already revised down its outlook by $3B in mid-March, so it is unlikely to see another significant revision with earnings. However, Capex guidance midpoint could come down from the current $30B-$33B guide.

Overall, I am quite bullish on META and believe that it has the potential for significant growth in the coming years! Stay tuned tonight!

@TigerStars @Daily_Discussion 

# 💰 Stocks to watch today?(14 Jun)

Modify on 2023-04-20 08:45

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  • Shneo
    ·2023-04-19
    https://tigr.link/1UyaT5?utm_source=invite&utm_campaign=20230316162207&utm_medium=copy&platform=iOS&shareID=74c01201ba1cb9a205e1a086313b91ec&invite=V5SR33


    Help needed
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  • XantheJuliana
    ·2023-04-21

    All the negativity is unnecessary. 2023 is Meta’s comeback year. The scare tactics are NOT working. This company is innovating, adapting, and growing!!!!


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  • jeffry09
    ·2023-04-21

    Stock trading all week like earnings will be great next week. Back to $300


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  • fishinglo
    ·2023-04-21

    So glad this isn’t running up into earnings! Once they beat this will be up 20-30 points like last report!


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  • CatherineGunter
    ·2023-04-19
    Man in 5 years we are going to be rich! hold your shares and hang on! Don’t pay attention to the bull !
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  • AfraSimon
    ·2023-04-19
    Im all in on Tesla, maybe they get smashed on earning but I'm loaded up to buy any dips.
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  • CyrilDavy
    ·2023-04-19
    I can hear the shorts’ s heart beats ! 200+ babies ! I’ll be dreaming about Tes all night!!
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  • YvetteGunther
    ·2023-04-21

    Meta 210 but after lays offs it’ll bounce back to 225!

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  • YaleBrewster
    ·2023-04-21

    Loading up time for META...BUY BUY...


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  • VigneshKumar
    ·2023-04-19
    Earning are out only on 26th not today
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  • YueShan
    ·2023-04-19
    Will improve soon ⭐⭐⭐
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