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META $2.8 Million Put • Strike: 220 • Expiration: 1/19/24
By: Cheddar Flow | April 14, 2023
• $META $2.8M OTM Put
Strike: 220
Expiration: 1/19/24
*At the Ask*
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28! OG $META FB
META $2.3 Million Put • Strike: 215 • Expiration: 4/28/23
By: Cheddar Flow | April 12, 2023
• $META $2.3M OTM Put
Strike: 215
Expiration: 4/28/23
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META $1.5 Million Calls • Strike: 255/260 • Expiration: 11/17/23
By: Cheddar Flow | April 12, 2023
• $META $1.5M Far OTM Calls
Strikes: 255/260
Expiration: 11/17/23
*At the Ask*
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META $1.3 Million Call • Strike: 220 • Expiration: 10/20/23
By: Cheddar Flow | April 11, 2023
• $META $1.3M OTM Call
Strike: 220
Expiration: 10/20/23
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Meta lift-off declared Seii going metaverse
Meta Platforms, Inc. (META) One of the "Chosen" ones. Nice hold of the 8D and pop
By: Options Mike | April 8, 2023
• $META One of the "Chosen" ones. Nice hold of the 8D and pop.
220 next spot!
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$META Since the start of 2023, every single pullback to the 8/21 EMA cloud for Meta has been a buying opportunity!
By: TrendSpider | April 7, 2023
• $META Since the start of 2023, every single pullback to the 8/21 EMA cloud for Meta has been a buying opportunity!
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Me Too! Premium Seii Money hunt $META
I smell green dude!! Stay tuned for lift off!!!
Good Call Money hunt Premium Seii $META
More Analysts Turning Bullish On Meta Platforms
By: Barchart | April 4, 2023
After the recent actions that Meta Platforms (META) took to lower costs and increase its profitability, more analysts have jumped on the bull bandwagon for the stock. As a result, shares of Meta Platforms have surged +140% from a seven-year low in November to an 11-month high today as confidence in the company has improved since it started cutting thousands of jobs amid falling sales. The rally in the stock accelerated last month after it announced further job cuts and pledged to be more efficient.
More than 25 analysts have raised their price targets on Meta Platforms since the company announced its second round of layoffs last month. According to data compiled by Bloomberg, analysts have also boosted their 2023 earnings per share (EPS) estimate for Meta Platforms by 15% over the past three months. While the digital advertising business has slowed, it has at least stabilized, according to analysts. ETF Action said, “The catalyst for Meta Platform’s recent rally is likely traced to both extensive cost-cutting measures and adjusting to the negative effects of Apple’s privacy changes which significantly hurt ad revenue.”
With analyst EPS estimates rising along with the stock price, shares of Meta Platforms are still cheaper than its mega-cap technology peers and the Nasdaq 100 Stock Index ($IUXX) (QQQ). Meta Platforms is trading at 17 times forward earnings, below its 10-year average of 26 times. In contrast, Amazon.com (AMZN) trades at 36 times, Microsoft’s (MSFT) price-earnings ratio is 28 times, Apple (APPL) is at 26, and the Nasdaq 100 is at 24 times.
Another positive for Meta Platform’s earnings is that the changes Apple made to its privacy policy that make it harder to target iPhone users with ads have been in place long enough that they’re no longer affecting its year-over-year growth rate. Also, Morgan Stanley said Meta Platforms is the most durable mega-cap technology stock if consumer spending weakens since its cost cuts have been bolder than its peers.
Until the start of 2022, Meta Platforms averaged revenue growth of 42% over the previous ten years, according to Bloomberg data. After the company reported its first-ever sales decline last year, analysts project Meta Platform’s sales to increase +4.7% this year, with growth accelerating to 11% in 2024. Concerns about inflation and a potential recession have squeezed ad budgets at businesses, cutting the primary revenue stream for companies like Meta Platforms and Alphabet (GOOGL). However, Guggenheim said it is seeing more stability in overall advertising demand, which could keep revenue at Meta Platforms from declining.
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META $1.0 Million Put • Strike: 212.5 • Expiration: 4/21/23
By: Cheddar Flow | April 4, 2023
• $META $1.0M OTM Put
Strike: 212.5
Expiration: 4/21/23
*Above the Ask*
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Same 8:00 thing as msft!
Ok, Ready, On The Money hunt! Premium Seii $META!
Get ready dude!!! Seii going to explode in meta world!!!
Meta Platforms, Inc. (META) Over 210 now, 220 next target
By: Options Mike | April 2, 2023
• $META Over 210 now, 220 next target.
Love how it's holding the 8 and 21D through this.
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I think it’s better watching the Movie Player Ready One then in actual real life. Unless we had a nuclear war and everything was destroyed and no one had anything to do besides go to the Metaverse lol
DISNEY SHUT DOWN ITS ENTIRE METAVERSE DIVISION..... METAVERSE SUCKS.... NOBODY WANTS TO USE IT!!!!!!!!!
Indeed! Seii $META Money
Seii going to roar Meta dude!!!
Yes Ms Labonte It Will Be $META
Meta Platforms, Inc. (META) dip to the 8D held and new highs off the lows. 210 then 215 next targets
By: Options Mike | March 26, 2023
• $META One of THE names right now. dip to the 8D held and new highs off the lows.
210 then 215 next targets.
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Kush $weet$$$
ERTS Wealth Advisors LLC Makes New Investment in Meta Platforms, Inc. (META)
By: MarketBeat | March 23, 2023
• ERTS Wealth Advisors LLC acquired a new position in shares of Meta Platforms, Inc. (NASDAQ:META) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,925 shares of the social networking company's stock, valued at approximately $232,000...
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HaHa! Exactly, Confirmed On Deck! Seii $META Money hunt
I remember dude!!! $250 coming
Ready for Seii Meta bomb
Bull of the Day: Meta Platforms, Inc. (META)
By: Zacks Investment Research | March 24, 2023
Meta Platforms ((META)) shares have rocketed well over 100% since early November as the company finally commits to cutting costs as its top-line growth slows after a decade-plus of rapid expansion. Meta stock might be a bit overheated right now, but its valuation is still highly attractive and it trades 40% below its peaks.
Crucially, the parent company of Facebook, Instagram, and WhatsApp reaches billions of people a day and its user base continues to grow. This means Mark Zuckerberg’s metaverse bet doesn’t have to pay off anytime soon, or possibly ever in order for Meta stock to churn out steady revenue expansion and huge profits.
Slimming Down, Still Resilient
Meta, like Amazon ((AMZN)) and others over-hired during the pandemic boom, and now it is trimming its staff. The company closed 2022 with a headcount of roughly 86K, up 20% YoY. But that figure included a “substantial majority of the approximately 11K employees impacted” by its November layoff announcement.
Meta in mid-March announced plans to cut another roughly 10K jobs in what Zuckerberg has referred to as a “year of efficiency.” Meta also said when it reported its Q4 results that it took “several measures to pursue greater efficiency and to realign our business and strategic priorities,” which included a “facilities consolidation strategy… a pivot towards a next generation data center design” and more.
Image Source: Zacks Investment Research
Meta, which first announced its name change from Facebook in the fall of 2021, has been forced to take a step back from its bets on people living in its metaverse world. The company in August said it would raise $10 billion in its first ever bond offering to help fund buybacks and feed investments to revamp its business, among other efforts.
Meta closed 2022 with $9.9 billion in long-term debt (first ever) to bring its total liabilities to $60 billion vs. $186 billion in assets, including $41 billion in cash, cash equivalents, and marketable securities. It repurchased $28 billion worth of stock in 2022 and it boosted its buyback program by $40 billion.
Image Source: Zacks Investment Research
Looking Ahead
The social media titan’s disappointing 2022 is in the rearview and it is ready to return to top and bottom line growth as it focuses on its core businesses: Facebook, Instagram, and WhatsApp, all of which will bounce back from a bad year from digital advertising because their collective reach is out of this world. Meta’s ‘monthly active people’ popped 4% in Q4 to 3.74 billion, while daily active users jumped 5% to 2.96 billion or nearly 40% of the entire world.
Zacks estimates call for Meta’s 2023 revenue to climb 5% to $122 billion (following its 1% YoY decline—its first ever) and then jump 11% in FY24 to $135 billion. Meanwhile, Meta’s adjusted earnings are projected to jump 6% in FY23 and 21% in 2024.
Image Source: Zacks Investment Research
Other Fundamentals
Meta’s soaring earnings revisions help it land a Zacks Rank #1 (Strong Buy) right now and it crushed our Q4 estimate by 41%. The company’s Internet – Software industry is currently in the top 24% of 250 Zacks industries right now.
Meta shares have skyrocketed roughly 130% since their early November lows from around $90 a share to roughly $205 per share on Thursday. This run includes a 70% surge in 2023 alone to outpace Tesla’s 60%.
The stock has climbed 700% in the past decade vs. the Zacks tech sector’s 215%. Yet, it trades around 40% below its 2021 peaks. And it sits 10% under its average Zacks price target and below where it was at points during 2018 and its pre-pandemic levels.
Meta’s huge run higher has it back above both its 50-day and 200-day moving averages. Plus, Meta experienced a so-called golden cross near the end of February. This is when the shorter-term moving average climbs above the longer-term trend, which technical traders see as a bullish signal (see nearby chart).
Meta is trading at a discount to the Zacks Tech sector’s 22.4X at 18.4X forward 12-month earnings. The company is now being valued as a more mature, slower growth tech stock, with Meta at a 33% discount to its decade-long median and miles below its highs.
Image Source: Zacks Investment Research
Bottom Line
Meta could face near term selling pressure as it and other soaring stocks are near overbought RSI levels. But investors with long-term holding periods shouldn’t be too afraid of picking up the owner of Facebook, Instagram, and WhatsApp now or in the near future. Just think, 85% of the brokerage recommendations Zacks has for Meta are “Strong Buys,” next to only one sell.
Despite a rough year for digital ads and the shakeup Apple’s privacy changes caused, digital ads are not going anywhere because companies need to get in front of people where they are, which is on their phones and devices. Advertisers will adapt and pay to reach Meta’s billions of users.
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34,823 Shares in Meta Platforms, Inc. (META) Bought by Leith Wheeler Investment Counsel Ltd.
By: MarketBeat | March 19, 2023
• Leith Wheeler Investment Counsel Ltd. bought a new position in Meta Platforms, Inc. (NASDAQ:META) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 34,823 shares of the social networking company's stock, valued at approximately $4,191,000...
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Hey Ok, Thank You! $META
META $1.0 Million Call • Strike: 205 • Expiration: 4/21/23
By: Cheddar Flow | March 21, 2023
• $META $1.0M OTM Call
Strike: 205
Expiration: 4/21/23
*At the Ask*
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Meta Platforms, Inc. (META) Shares Rally on Heavy Demand and Strong Fundamentals
By: Lucas Downey | March 21, 2023
• Meta Platforms, Inc. (META) has been a bright spot in the market lately. Shares have surged 64% in 2023. One big reason for the stock’s rise is heavy demand for the shares.
Meta Shares Attract Big Money
So, what’s Big Money? Said simply, that’s when a stock goes up in price alongside chunky volumes. It’s indicative of institutions betting on the shares.
Smart money managers are always looking for the next up-trending stock. And META has many fundamental qualities that are attractive.
But how the shares have been trading points to strong investor appetite. As I’ll show you, the Big Money has been consistent in the shares.
Each green bar signals big trading volumes as the stock ramped in price:
Source: www.mapsignals.com
Since January, the shares attracted 7 unusual buy signals. Demand for the stock has been high. Those repeated green bars could mean more upside is ahead.
Now, let’s check out the fundamental action grabbing my attention:
Meta Fundamental Analysis
Next, it’s a good idea to check under the hood. Meaning, I want to make sure the fundamental story is supportive too. As you can see, META grew sales and EPS double digits on a 3-year basis. Take a look:
• 3-year sales growth rate (+19.2%)
• 3-year EPS growth rate (+18.8%)
Source: FactSet
Marrying strong fundamentals with technically superior stocks is a winning recipe over the long-term.
In fact, META has been a top-rated stock multiple times at my research firm, MAPsignals. That means the stock has buy pressure, strong technicals, and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis.
Let’s wrap up.
Meta Price Prediction
The Meta rally could have further to go. Healthy buying in the shares is signaling to take notice. Shares could be positioned for further upside.
Please note, shares could be extended at these levels given the large accumulation signals.
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Remember @28 To @128! $META Premium Metaverse Bitcoin Apes! Let’s ROLL
Analysts Praise Meta Platforms (META) Stock After Job Cuts
By: Schaeffer's Investment Research | March 15, 2023
• No fewer than nine analysts lifted their price targets
• Meta announced its second round of job cuts yesterday
Facebook parent Meta Platforms Inc (NASDAQ:META) received a host of bull notes this morning, with no fewer than nine analysts lifting their price targets, including Citigroup to $260 from $228. The stock staged a 7.3% pop yesterday after the company announced it was cutting 10,000 jobs and 5,000 open roles in its second round of job cuts. Today, however, the equity is succumbing to the broad-market slide, inching 0.6% lower to trade at $192.77 at last glance.
Yesterday's bounce had META breaking above its 320-day moving average for the first time in over a year, the same trendline that capped gains following the stock's post-earnings bull gap from February. Since the start of 2023, Meta Platforms stock is up 60.1%. It's worth noting, however, that the security's 14-day relative strength index (RSI) of 82.2 sits in "overbought" territory, which typically denotes a short-term dip on the way.
Those wanting to speculate on MOS stock's next move, options might be a good idea. The security's Schaeffer's Volatility Index (SVI) of 41% sits in the relatively low 15th percentile of its annual range, indicating that options players are pricing in volatility expectations lower than 27% of all other readings from the past year. Plus, META's Schaeffer's Volatility Scorecard (SVS) sits at 83, suggesting the stock has tended to exceed options traders' volatility expectations during the past year.
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10,000 sounds like a lot of layoffs but they still have much higher headcount than pre-pandemic.
WOW i would say california has a employment problem
shit canned another 10K do nothing wizz kids
jmho
Meta's cost focus is 'obviously a positive,' analyst says, amid reports of more layoffs
By: Morningstar | March 13, 2023
Facebook parent company reportedly plans cuts in Reality Labs division
The potential for further layoffs at Meta Platforms Inc. is resonating with analysts Monday after another report indicated that the social-media giant is planning additional job cuts.
Meta (META) in November announced plans to lay off more than 11,000 employees, representing about 13% of its workforce. The Wall Street Journal reported Friday that Meta was considering further layoffs that are "expected to reach the same proportion of those who remain," citing multiple unnamed sources.
Future layoffs could affect Meta's Reality Labs division, which houses hardware and metaverse efforts. The Wall Street Journal report noted that some wearable-device projects could be cut in conjunction with a workforce reduction.
MarketWatch has reached out to Meta for comment on whether it plans layoffs of this scale and whether intended cuts are expected to affect Reality Labs projects.
Reality Labs, dubbed a "money pit" by one analyst, is a controversial area of Meta's business due to its heavy losses. Meta's management, however, sees big long-term potential in the metaverse and in getting people to connect virtually in new ways. There seems to be a discrepancy between how Meta's investors and its executives view metaverse efforts, and the company's lofty October projections for future metaverse spending contributed to pressure on Meta's stock at that time.
"We applaud the company's efforts to drive further efficiency during economic uncertainty, and [the fiscal 2023 estimate] consensus implies Reality Labs to incur expenses at 12% of revenues in [fiscal 2023] (or $14bn), so the capacity for cost optimization is meaningful," Mizuho analyst James Lee wrote Sunday.
Looking at reports, he estimates $1.1 billion in total 2023 savings driven by layoffs and a further $1.1 billion in savings fueled by a discontinuation of some metaverse products and projects.
"Further commitment to efficiency and cost reductions being shown is obviously a positive -- though we wonder how much dry powder here is left as employee morale likely continues to suffer given the persistence of the [reductions in workforce] in recent months," RBC Capital Markets' Brad Erickson added in a note to clients.
He discussed the prospect that Meta could cut operating expenses to a similar degree as it did last year, meaning that $13 to $14 a share in GAAP earnings is "increasingly in play" for 2024.
After Meta shares plunged 64% in 2022 to mark their worst annual performance on record, they're on track for a stronger 2023. The stock is up 49% to start the year.
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Meta Platforms, Inc. (META) 21D support, 190 needs to clear to the upside
By: Options Mike | March 12, 2023
• $META one of the strongest charts out there still.
21D support, 190 needs to clear to the upside.
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How Facebook $META makes its money
By: Savvy Trader | March 9, 2023
• How Facebook $META makes its money.
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Another Round of Layoffs Announced for FAANG Giant
By: Schaeffer's Investment Research | March 6, 2023
• The social media giant let go of 11,000 employees just a few months ago
• META has added over 65% in the last three months
Meta Platforms Inc (NASDAQ:META) is reportedly laying off even more employees. The social media giant is expected to cut thousands of jobs this week, after letting go of more than 11,000 people only a few months ago. According to Bloomberg, financial targets are driving this new round of layoffs. META was last seen up 1.6% to trade at $187.92.
The security recently pulled back from a post-earnings bull gap, which brought it to its highest level since early June. The $169 level contained the pullback, while the equity's 30-day moving average continues to guide it higher. During the past three months, META has added 65.3%.
Over at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), the stock's 10-day call/put volume ratio of 1.99 sits higher than 80% of readings from the past 12 months. This suggests calls have been getting picked up a much quicker-than-usual clip.
Now appears to be a good time to weigh in on the security's next move with options, as premiums are attractively priced. This is per Meta Platforms stock's Schaeffer's Volatility Index (SVI) of 41%, which ranks at the low 15th percentile of readings from the last 12 months.
Furthermore, the security's Schaeffer's Volatility Scorecard (SVS) of 89 out of 100 means META has exceeded option traders' volatility expectations over the past year.
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Forward PE for the S&P 500 is about a 20 and META is about 18. Still undervalued.
Meta Platforms, Inc. (META) Huge break out on Friday. 190 then 195 if this holds on watch
By: Options Mike | March 4, 2023
• $META Strong earnings names are my focus right now. Huge break out on Friday. 190 then 195 if this holds on watch.
21 Very nice hold.
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META $2.4 Million Call • Strike: 180 • Expiration: 3/10/23
By: Cheddar Flow | March 3, 2023
• $META $2.4M Call
Strike: 180
Expiration: 3/10/23
*At the Ask*
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Facebook - The World's Largest Social Network
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What Is Facebook All About?
As of the end of March 2012, Facebook has more than 900 million active users around the world,
including roughly 200 million in the United States, or two-thirds of the population.
More than 125 billion friend connections on Facebook at the end of March 2012.
On average more than 300 million photos uploaded to Facebook per day in the three months ended March 31, 2012.
An average of 3.2 billion Likes and Comments generated by Facebook users per day during the first quarter of 2012.
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Facebook is available in more than 70 languages.
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