Facebook Stock Forecast: Why Facebook Deserves A Price Target of $430

August 3, 2021

motek 1The Facebook stock forecast was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Summary

  • Facebook’s stock price is +55% since my May 24, 2020, bullish recommendation for it. I am again endorsing it as a buy. FB is much cheaper than TWTR and AMZN.
  • The impressive Q2 2021 beat convinced me Facebook’s stock deserves a price target of $430. This is slightly higher than TipRanks’ average PT of $416.07.
  • Q2 revenue was $29.07 billion (+55.5% Y/Y), beats by $1.1 billion. Q2 EPS was $3.61 (+100.6% Y/Y), beats by $0.61. The operating margin was 43%, higher than Wall Street’s expectation of 37.6%.
  • Cheap 5G smartphones and accelerated 5G network deployments are long-term catalysts for Facebook.
  • Facebook Video is now giving YouTube stiff competition in the $70 billion global online video advertising industry.

New forecasting serviceRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content Here
Premium Articles

Sustainable Companies Based on a Self-learning Algorithm: Returns up to 10.16% in 14 Days

August 3, 2021

Package Name: Sustainable and Responsible Companies
Recommended Positions: Long
Forecast Length: 14 Days (7/18/21 - 8/2/21)
I Know First Average: 1.76%

Read The Full Forecast


Sustainable Companies
Sustainable Companies chart

Sustainable and Responsible Companies

Sustainable Investing Based on Artificial Intelligence: Returns up to 10.3% in 7 Days

August 3, 2021

Package Name: Sustainable and Responsible Companies
Recommended Positions: Long
Forecast Length: 7 Days (7/25/21 - 8/2/21)
I Know First Average: 1.16%

Read The Full Forecast


Sustainable Investing
Sustainable Investing chart

Sustainable and Responsible Companies

Best Stocks To Buy Based on Stock Algorithm: Returns up to 31.58% in 3 Months

August 3, 2021

S&P 100
Package Name: S&P 100 Stocks
Recommended Positions: Long
Forecast Length: 3 Months (5/2/21 - 8/2/21)
I Know First Average: 5.36%

Read The Full Forecast


Best Stocks To Buy
Best Stocks To Buy chart

S&P 100 Stocks

Top Technology Stocks Based on Data Mining: Returns up to 12.23% in 14 Days

August 3, 2021


Package Name: Tech Giants Stocks Forecast
Recommended Positions: Long
Forecast Length: 14 Days (7/18/21 - 8/2/21)
I Know First Average: 4.88%

Read The Full Forecast


Top Technology Stocks
Top Technology Stocks chart

Tech Giants Stocks Forecast

Artificial Intelligence Stocks Based on Deep-Learning: Returns up to 31.58% in 3 Months

August 3, 2021

Package Name: Best AI Stocks
Recommended Positions: Long
Forecast Length: 3 Months (5/2/21 - 8/2/21)
I Know First Average: 7.02%

Read The Full Forecast


Artificial Intelligence Stocks
Artificial Intelligence Stocks chart

Best AI Stocks

Artificial Intelligence Stocks Based on Big Data: Returns up to 16.42% in 1 Month

August 3, 2021

Package Name: Best AI Stocks
Recommended Positions: Long
Forecast Length: 1 Month (7/2/21 - 8/2/21)
I Know First Average: 3.47%

Read The Full Forecast


Artificial Intelligence Stocks
Artificial Intelligence Stocks chart

Best AI Stocks
Pages:«1...37383940414243...267»