gcchan90
2022-07-28

$Meta Platforms, Inc.(META)$has just announced its quarter report yesterday. 

Earnings and revenue both came below expectations. Some other key stats that i am concern are:

Daily Active Users (DAUs): 1.97 billion vs 1.96 billion expected, according to StreetAccount

Monthly Active Users (MAUs): 2.93 vs 2.94 billion expected, according to StreetAccount

Seems to be a passable qr to me but judging from the premarket movement, people are not pleased. Anyhow, given the current price, its valuation is in my opinion undervalued. Hoping to see 200 mark by end of the year. Have faith!

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