Meta Platforms (FB2A.F) Stock Price

Financial Performance

Meta Platforms has reported a generally positive financial performance with revenue in the last quarter amounting to €40.6B, marking an increase of 3.9% from the previous quarter and up by 1.2% YoY. The company's gross profit was €33.2B, which is higher by 4.6% from the previous quarter and up by 2.5% YoY. Their operating income profit stood at €17.4B, experiencing a significant growth of 16.9% from the previous quarter and up by 5.9% YoY.

Stock Price

The stock price for Meta Platforms is currently trading at €600, showing an upward trend with an increase of 1.5% over the past month and a substantial rise of about 68.8% compared to last year's figures.The RSI value stands at a balanced level of around 56, suggesting neither overbought nor oversold conditions.

Alternative Data Signals

In terms of alternative data signals, Meta Platforms' web traffic shows robust numbers with estimated monthly visitors being around twelve billion users - marking a growth rate of approximately +2%. Furthermore, their mobile apps are witnessing high download rates which have increased significantly both MoM (+31%) as well as YoY (+67%). In terms of job openings and business outlook among employees, there seems to be stability with no change in job openings while employee sentiment shows positivity with about two-thirds expressing optimism towards business prospects.

Social Media Presence

Social media presence for Meta Platforms reflects mixed trends across different platforms - while Twitter followers have seen a slight decrease (-1%), Instagram (+8%), TikTok (+29%) and Facebook (+2%) have all seen growth in followers over the past 90 days.

Conclusion

In conclusion, considering the financial performance, stock price trends, alternative data signals and social media presence, Meta Platforms' stock presents a fairly positive outlook. However, it's worth noting that while most of the indicators show growth or stability, there are some areas like Twitter followers which have declined slightly. Therefore, our AI analysis leans towards a moderately bullish sentiment for Meta Platforms' stock.

Note: This AI Stock Analysis is based on data as of January 22. Our members can refresh and get access to an up-to-date AI stock analysis.

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Based on a combination of financial analysis, technical indicators, and insights from alternative data, we predict that the stock price of Meta Platforms (FB2A.F), currently trading at €572.7, will... Sign up to access price prediction.

Disclaimer:
This prediction is provided for informational purposes only and does not constitute financial advice. Market conditions are subject to change, and past performance is not indicative of future results. Please conduct your own research or consult a professional before making investment decisions.