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Re:Meta earnings presentation Q1 2022 [pdf] by rubiquity on Wednesday April 27, 2022 @05:57PM (#31186316)
I was following along until your call for $400-$600 share price. The problem with FB is that growth is slowing and will eventually decline, and it's a growth stock. Unless the Metaverse pans out it is going to be a while before the stock is anywhere near its previous valuations, and that's putting aside the current macro environment.
Re:Meta earnings presentation Q1 2022 [pdf] by paulpauper on Wednesday April 27, 2022 @11:09PM (#31188352)
it can get to $400 just with PE multiple expansion back to 26 or so , which is not overvalued.
Re:Meta earnings presentation Q1 2022 [pdf] by sjg007 on Thursday April 28, 2022 @09:56AM (#31192497)
Likely not going to happen in the next 2 years unless we see general economic growth/rebound. After 2 years if FB has a new offering then maybe.
Re:Meta earnings presentation Q1 2022 [pdf] by RivieraKid on Wednesday April 27, 2022 @06:09PM (#31186452)
> and it's a growth stock

How do you define a growth stock?

Re:Meta earnings presentation Q1 2022 [pdf] by rubiquity on Wednesday April 27, 2022 @06:18PM (#31186534)
Stocks bought largely on expectations of future growth in share price because the underlying business is promising. In contrast to well run businesses that pay consistent dividends to shareholders. Right now FB is neither a growth stock nor a value stock, and that's bad because as revenue declines so will share buybacks.