Meta Earnings: Spending Big on AI
Here's our initial take on Meta Platforms' (NASDAQ: META) fiscal 2025 second-quarter financial report.
Meta Platforms easily beat analyst expectations in the second quarter. Revenue was up 22% year over year to $47.5 billion, and earnings per share soared 38% to $7.14. The number of daily active people across the company's products rose by 6% to 3.48 billion, ad impressions shot up 11%, and average price per ad jumped 9%.
While Meta's advertising business is churning out record revenue and profits, the company is focused on the heavy investments necessary to make its artificial intelligence (AI) superintelligence push a reality. "I'm excited to build personal superintelligence for everyone in the world," said CEO Mark Zuckerberg in the earnings release.
Source Fool.com
Meta Platforms Inc. Aktie
Die Community zeigt bei Meta Platforms Inc. eine Tendenz zu Buy-Einschätzungen.
Die Community erwartet für Meta Platforms Inc. ein Kursziel von 680 €, was eine deutliche Steigerung von über 20% gegenüber dem aktuellen Kurs von 553.5 € bedeuten könnte.
