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.
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