happiness000
10-01

$Meta Platforms, Inc.(META)$ Meta valuation looks attractive compared to other Mag 7 apart from Google and has a higher expected EPS CAGR than Google and Apple. Apart from Llama and AI for its core products, the YoY and QoQ growth of DAP is impressive, and its average price per ad is accelerating for the last 3 quarters. However, there were signs that the ad impressions growth is slowing, and it seems Q3's ad impressions will slow even further. The average price per ad could also slow down in Q3 per the management guidance. I remain bullish on Meta, but its upside might be limited

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment