BUY Conviction4/5 Analysis quality75/100 Price target808 now
The analyst argues that Facebook (FB) is significantly undervalued after a recent sell-off, trading at a price-to-sales ratio of 5.1x compared to its five-year average of 10.5x and lower than competitors despite higher profitability and competitive revenue growth. He believes the company will overcome short-term issues like Apple's privacy changes and TikTok competition, and that its metaverse investments will eventually pay off, projecting a potential return of 267% over five years to $808 per share.
“I think you see the value is definitely there for Facebook and and you should be able to to pick up shares at this point”