Instant Alert: Facebook hits an all-time high

MANAGE SUBSCRIPTIONS   |   UNSUBSCRIBE   |   VIEW ONLINE   Facebook hits an all-time high by Greg Hoffman on May 1, 2017, 10:38 AM Advertisement Shares of Facebook are at an all-time high on Monday, up 1.05% at $151.83 as of 10 a.m. ET. The social media giant is set to release its first quarter earnings on Wednesday, May 3. According to Bloomberg, analysts expect Facebook to earn an adjusted $1.12 per share on revenue of $7.83 billion. Facebook has beaten earnings estimates almost every quarter that it has been publicly traded. Shares of Facebook have been on a huge run so far this year, up 32%.  According to Bloomberg, of the 48 analysts who cover the stock, 43 have a "Buy" rating, four have a "Hold" rating, and one has a "Sell" rating. The average analyst price target is $163.30. Click here for a real-time Facebook chart.    Share the latest business news with your network:    Email sent to:   |   Manage your email preferences   |   Unsubscribe Terms of Service   |   Privacy Policy Business Insider. 150 Fifth Avenue, New York, NY 10011