6,575
edits
Meta Platforms:Quarterly Results/2023 Q1: Difference between revisions
Meta Platforms:Quarterly Results/2023 Q1 (view source)
Revision as of 10:53, 17 April 2023
, 17 April 2023no edit summary
No edit summary |
No edit summary |
||
| Line 15: | Line 15: | ||
* Improvement in REELS | * Improvement in REELS | ||
* Zuckerbergs comments on TikTok. | * Zuckerbergs comments on TikTok. | ||
== Recent Commentaries == | |||
=== Evercore's Mark Mahaney<ref>https://www.youtube.com/watch?v=2zRc3CY0HxU (min 0:00-2:21)</ref> === | |||
Mark Mahoney is bullish on Meta. He believes that: | |||
* Meta is still cheap. It's currently trading at 13 times the earnings. | |||
* Meta has great profit cycles i.e it will further broadens its marketing portfolio with click-to-message(CTM) ad offering. He noted that " CTM offers solutions for businesses in developing markets." | |||
* Multiples and estimates have been derisked in tech industry. | |||