Is Meta Platforms Stock a Buy Now?
Meta Platforms (NASDAQ: META) posted its third quarter earnings report on Oct. 25. The social media giant's revenue rose 23% year over year to $34.1 billion and exceeded analysts' expectations by $700 million. Its net income jumped 164% to $11.6 billion, or $4.39 per share, and also cleared the consensus forecast by $0.76.
Meta's growth rates were impressive, yet its stock still slumped after the report. Let's review the key numbers to see if that post-earnings dip is a buying opportunity.
Meta Platforms CEO Mark Zuckerberg. Image source: Meta Platforms.
Source Fool.com
Meta Platforms Inc. Aktie
482,65 €
3,44 %
Leichte Buy-Präferenz bei der Meta Platforms Inc. Aktie.
Ein Kursziel von 645 € für Meta Platforms Inc. würde eine Steigerung von mehr als 20% gegenüber dem aktuellen Kurs von 482.65 € bedeuten.
