According to TipRanks.com, Walmsley is a top 100 analyst with an average return of 28.2% and a 64.4% success rate. Walmsley covers the Technology sector, focusing on stocks such as Uber Technologies, Alphabet Class C, and Alphabet Class A.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Meta Platforms with a $325.10 average price target, implying a 43.9% upside from current levels. In a report issued on March 22, MKM Partners also reiterated a Buy rating on the stock with a $365.00 price target.
Based on Meta Platforms’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $33.67 billion and net profit of $10.29 billion. In comparison, last year the company earned revenue of $28.07 billion and had a net profit of $11.22 billion.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Social networking company Facebook, Inc. develops applications that enable people to connect through mobile devices, personal computers, and other devices. The firm’s products include Facebook, Instagram, Messenger, WhatsApp, and Oculus. Its revenue comes primarily from advertising. The company was founded by Mark Zuckerberg, Dustin Moskovitz, Chris R. Hughes, Andrew McCollum, and Eduardo P. Saverin on February 4, 2004 and is headquartered in Menlo Park+D9, CA.
Read More on FB:
- Analysts Offer Insights on Healthcare Companies: Sintx Technologies (SINT) and Cyclo Therapeutics (CYTH)
- Maxim Group Thinks BM Technologies’ Stock is Going to Recover
- Airbus Group SE (EADSF): New Buy Recommendation for This Technology Giant
- J.P. Morgan Reaffirms Their Hold Rating on EasyJet (EJTTF)
- Camtek (CAMT) Receives a Buy from Needham