At the time of writing, shortly after market-open, the stock price is up almost 4 percent to $30.2 per share.
This is the first time the social networking giant’s share price was at this level since mid-July 2012, nearly 6 months ago.
This could have something to do with the fact that Facebook just invited members of the press to an event on January 15th, to talk about ‘what they’re building’, but that’s doubtful.
More likely, it’s simply a matter of increased investor and analyst confidence in the company’s long-term prospects (their mobile advertising suckage notwithstanding).
We recently reported how an upgrade of Facebook’s stock by analyst Merrill Lynch, which brought the company’s market cap back over the $60 billion mark the same day of the report.
And when you look at the charts, you can see that Facebook’s stock price has been steadily creeping upwards since mid-October 2012, especially after reported rather strong Q3 earnings towards the end of the month.
Of course, announcing 1 billion active users in early October didn’t exactly work against Facebook either.
For your comparison: bouncing back to a $30 stock price gives the company a public-market valuation of approximately $65 billion, which is just south of e-commerce giant eBay’s current market cap.
Looking at historical stock prices, Facebook hit its lowest point on September 4, 2012, when the share price dropped to $17.73.
And for some additional perspective: when Facebook made its NASDAQ debut on May 17, 2012, its shares were valued at $38.23 apiece at closing time on the first day. It still has a way to go to make it back to that level, but at least it’s trending in the right direction.
Facebook’s fiscal fourth-quarter earnings are due to be released in the coming weeks.
Facebook Stock Price
Facebook INC (FB) IPO is prominent in 2012, it is only a matter of time before Facebook will go public. It is not set in stone for a particular month, but set in stone for a particular year, which is 2012. Facebook plans to make its IPO debut sometime this year and many people aren't sure what month that'll be. Their files where registered with the SEC last month and everything is in writing for what will happen this year, possibly the biggest and most hyped IPO ever set to take place in history.
The highly anticipated (FB) Facebook Corporation is talking about going public. Facebook announced this last year and has met its final stages for IPO, its stock to emerge in the market.
Facebook INC, Facebook Stock Price will most likely open bids around $42.20 a share, as they're going to be the biggest private company to go public, with over $6.6 billion in assets, tremendous revenue and growth. The innovation of Facebook has made its run successful and their plans to keep innovating are customary to their Facebook growth strategy. A private newsletter I'm subscribed to, ran the numbers and say that the growth of Facebook will continue and rally up to 2016.
Facebook is weak in the Mobile market experience for users and are currently developing a HTML5 website that can account for the heavy use of Facebook with smart phones. Over half of Facebook users use Facebook with a mobile device. Plans to contract with Warner bros and sell 48 slots of movies online which in my opinion is mid-term goals for eventually making the Facebook experience a booming TV/Movie watching experience. Google TV is only an example of how TV's will be working in our future.
Risk Factor: "If we fail to retain existing users or add new users, or if our users decrease their level of engagement with Facebook, our revenue, financial results, and business may be significantly harmed." source: 10Q filings
Competition: Google+ and the largely regional, social sites that have strong positions in certain countries, including Cyworld in Korea, Mixi in Japan, Orkut (owned by Google) in Brazil and India.
Facebook became a corporation in Delaware, founded by Mark Zuckerberg in July 2004. Facebook is one of the biggest social media websites in the world, with over 845million active users over 43% increase from last year. Facebook INC keeps the tempo and pursues the key of innovation. Their biggest assets are the users who are engaged on the site, the developers who personalize and innovate more ideas to Facebook, their advertisers and marketers who keep the reach, relevance, and engagement of perfectly targeted ads based on the users interest, to maintain a lucrative campaign on the Facebook website.