Meta Platforms Stock Chart Flashes Uncertain Signals Ahead Of Q1 Earnings

Benzinga04-24

Meta Platforms Inc (NASDAQ:META), will be reporting its first-quarter earnings on Wednesday. Wall Street expects $4.28 in EPS and $36.1 billion in revenues as the company reports after market hours. ...

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Wall Street expects $4.28 in EPS and $36.1 billion in revenues as the company reports after market hours.\n...</p>\n\n<a href=\"https://finance.yahoo.com/news/meta-platforms-stock-chart-flashes-181620923.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Meta Platforms Stock Chart Flashes Uncertain Signals Ahead Of Q1 Earnings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMeta Platforms Stock Chart Flashes Uncertain Signals Ahead Of Q1 Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-24 02:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/meta-platforms-stock-chart-flashes-181620923.html><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Meta Platforms Inc (NASDAQ:META), will be reporting its first-quarter earnings on Wednesday. Wall Street expects $4.28 in EPS and $36.1 billion in revenues as the company reports after market hours.\n...</p>\n\n<a href=\"https://finance.yahoo.com/news/meta-platforms-stock-chart-flashes-181620923.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"META","symbol_name":"Meta Platforms","start_time":0,"source_url":"https://finance.yahoo.com/news/meta-platforms-stock-chart-flashes-181620923.html","article_id":"2429145236","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/vi_Be0ZjSDJS4m_ixEp6Lw--~B/aD01NjM7dz0xMDAwO2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/Benzinga/91654774e3e5a304a6524c854495a5aa"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2429145236","pubTimestamp":1713896180,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Meta Platforms Inc , will be reporting its first-quarter earnings on Wednesday. Wall Street expects $4.28 in EPS and $36.1 billion in revenues as the company reports after market hours.Meta stock is up over 130% in the past year, over 39% YTD, riding on the artificial intelligence wave along with its Magnificent 7 peers.Let’s look at how the stock is technically setup ahead of Q1 earnings, and how it currently maps against Wall Street estimates.Charts indicate that the current trend for Meta stock is strongly bearish. The share price is below its 5, 20, and 50-day exponential moving averages, indicating slight selling pressure.However, it’s noteworthy that Meta stock’s price exceeds its 200-day simple moving average of $369.60, indicating a bullish signal.However, the last three analysts who reviewed the stock from April 18 onwards – JMP Securities, Bernstein, and Keybanc – have their price targets in the range of $550 to $590 on the stock. That’s an implied upside of 10.5% to 18.5% on","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"META":"Meta Platforms","GTLS":"查特工业"},"translate_title":"元平台股票图表在Q1收益前闪烁不确定信号","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GTLS":1,"META":0.9},"content_text":"Meta Platforms Inc (NASDAQ:META), will be reporting its first-quarter earnings on Wednesday. Wall Street expects $4.28 in EPS and $36.1 billion in revenues as the company reports after market hours.\nMeta stock is up over 130% in the past year, over 39% YTD, riding on the artificial intelligence wave along with its Magnificent 7 peers.\nLet’s look at how the stock is technically setup ahead of Q1 earnings, and how it currently maps against Wall Street estimates.\nMeta Stock Technical Setup Ahead Of Q1 Earnings\nCharts indicate that the current trend for Meta stock is strongly bearish. The share price is below its 5, 20, and 50-day exponential moving averages, indicating slight selling pressure. \n\nChart: Benzinga Pro\nWith Meta stock’s price at $488, below its 8-day simple moving average of $494.83 and its 20-day SMA of $502.34, both suggest a bearish signal. Similarly, the stock’s price lies below its 50-day SMA of 494.77, reinforcing the bearish sentiment. \nHowever, it’s noteworthy that Meta stock’s price exceeds its 200-day simple moving average of $369.60, indicating a bullish signal. \n\nChart: Benzinga Pro\nAdditionally, the Moving Average Convergence Divergence (MACD) indicator stands at -0.56, suggesting a bearish momentum for the stock. The Relative Strength Index (RSI), however, at 45.07 appears to be flirting with the oversold zone which lies below 30. \nDespite the conflicting signals, the Bollinger Bands reinforce the bearish technical thesis for Meta stock, with the price trading in the lower band. Overall, the current sentiment for Meta stock appears relatively bearish, with moving averages as well as oscillators pointing towards a bearish momentum built up for the stock.\nAlso Read: Here’s How Much You Would Have Made Owning Meta Platforms Stock In The Last 10 Years\nMeta Analysts Consensus Ratings\nRatings & Consensus Estimates: The consensus analyst rating on Meta stock stands at a Buy with a price target of $459.70.\nHowever, the last three analysts who reviewed the stock from April 18 onwards – JMP Securities, Bernstein, and Keybanc – have their price targets in the range of $550 to $590 on the stock. That’s an implied upside of 10.5% to 18.5% on Meta stock from these 3 analysts.\nPrice Action: Shares of Meta are up 2.3% to $492.93 at the time of publication Tuesday.\nRead Next: Meta Takes A Leaf Out Of Google’s Playbook, Aims To Make Quest OS The Android Of Mixed Reality\nPhoto by DANIEL CONSTANTE on Shutterstock.\nLatest Ratings for META\n\n\n\nDate\nFirm\nAction\nFrom\nTo\n\n\n\n\nJul 2020\nDesjardins\nInitiates Coverage On\n\nBuy\n\n\n\n View More Analyst Ratings for META \n View the Latest Analyst Ratings \n\"ACTIVE INVESTORS' SECRET WEAPON\" Supercharge Your Stock Market Game with the #1 \"news & everything else\" trading tool: Benzinga Pro - Click here to start Your 14-Day Trial Now!\nGet the latest stock analysis from Benzinga?\n\nThis article Meta Platforms Stock Chart Flashes Uncertain Signals Ahead Of Q1 Earnings originally appeared on Benzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2429145236"}