META Cash Flow after 1Q

DividendWave
04-28

$Meta Platforms, Inc.(META)$ Cash Flow after 1Q

$49.5 B TTM FCF

~$27 B TTM Capex (expected at $35-40 B for FY24)

First dividend paid in 1Q (~$5 B yearly)

At TTM FCF that would be ~10% payout

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META buybacks

$112 B since FY19

$71.6 B repurchase authorization remains available (~6% of market cap)

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It's impressive to see how META is reinvesting in itself with such a substantial buyback. Proves they have confidence in their own growth potential.

https://twitter.com/DividendWave/status/1784291553906762090

Will You Bottom Meta at $400?
In contrast to Tesla, Meta's first-quarter performance greatly exceeded expectations but provided a pessimistic outlook. During the earnings call, Mark Zuckerberg spoke more about the outlook for AI, continuing to increase investments in artificial intelligence, and expecting further increases next year. Meta lost 15% in the extended market. ---------------- Will Meta continue to fall after the plunge? What's your target price for Meta? Will you bottom Meta at $400?
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Comments

  • GimaGO
    04-29
    GimaGO

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