While Helfstein has not been informed by the company of any new financial information, Facebook has released new product announcements about its mobile and advertising offerings.
“We do have some additional industry information — there was some data out from comScore that suggested that time spent on mobile devices using Facebook was up 10 percent month to month in April,” he said. “If you annualize that, that’d give 90 percent growth year over year.”
Although mobile remains a growth bright-spot for the company, Helfstein said how Facebook plans to monetize it remains a big question. (To read more about other analysts’ forecasts for the company, click here.
—By CNBC.com’s Katie Little
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Oppenheimer makes a market in the securities of Facebook.
Follow Katie Little on Twitter @katie_little.