🔥Stock Prediction: How will Meta close Thursday 26/10 following their earnings?
Click to vote. Guess how will $Meta Platforms, Inc.(META)$ close Thursday 26/10 following their earnings?? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers.
$Meta Platforms, Inc.(META)$ is set to post its Q3 2023 earnings after the market close on Wednesday. Meta forecasts capital expenditures for 2023 of $27 billion to $30 billion, and its metaverse part needs to see AR/VR headsets rebound in 2024 and Thread should take time to build a stable engagement with users.
Meta's Q3 2023 earnings call will be held on 26th October 2023 at approximately at 5:00 SGT. To set a reminder, please click here
📒Analysts’ opinions
Bloomberg analyst Mandeep Singh said Meta's continuation of high-teens growth for Q3 and into 2024 may hinge on a sharp positive inflection in ad pricing. Ad loads and engagement growth are likely to plateau in the near term. Click-to-messaging is another important driver that could see a boost from the recent launch of chatbots driven by Meta's Llama large language model. Reality Labs segment losses for 2024 will be a primary focus, given the company's recent launch of Quest 3 and Ray-Ban AR glasses.
For more information about Meta Earnings Preview, please click： Meta Q3 Earnings Preview: Both Threads and Metaverse Need Time to Take off
💰Event Details
Click to vote. Guess where $Meta Platforms, Inc.(META)$ will move following their earnings? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers.
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⏰Event Duration
The deadline for this event is 21:00 on 19th October 2023
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How will Meta close Thursday 26/10 following their earnings?(Single choice)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.
Click to vote. Guess where $Meta Platforms, Inc.(META)$ will move following their earnings? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers.
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