Facebook Absolutely Crushed Earnings And The Street Is Loving It

Facebook Inc FB stock is up more than 15 percent on Thursday following a big earnings beat. The social media giant reported fourth quarter earnings of $0.79 per share versus estimates of $0.68, and revenue of $5.84 billion versus estimates of $5.37 billion.

Here’s what Wall Street is saying about the stock.

CLSA

Analyst James Lee sees “strong momentum into 2016” and maintains a Buy rating.

Related Link: Facebook Met Or Beat Every Single Wall Street Consensus Expectation

Oppenheimer

Analyst Jason Helfstein believes that Facebook’s 8 billion daily video views are “significantly under-monetized” and maintained an Outperform rating.

Pacific Crest

Analyst Evan Wilson is leery of Facebook’s premium valuation and maintains a Sector Weight rating.

Cowen & Co

Analyst John Blackledge calls the 4Q results “phenomenal” and maintains an Outperform rating.

Related Link: Facebook's Evolution As A Business In 2 Charts

BMO

Analyst Daniel Salmon said “4Q was about powerful holiday as spending helped by Instagram” and maintained a Market Perform rating.

Deutsche Bank

Analyst Ross Sandler called Q4 “just the biggest upside print in 3 yrs, that’s all” and maintained a Buy rating.

RBC

Analyst Mark Mahaney was impressed by Facebook’s intrinsic fundamentals and maintained an Outperform rating.

FBR

Analyst Menlo Park believes Facebook “offers scarce large-cap media growth and attractive structural exposure to the rise in mobile precision-brand advertising” and maintained an Outperform rating.

Disclosure: the author holds no position in the stocks mentioned.