Is Meta Platforms' Business in Trouble?
Meta Platforms (NASDAQ: META), the social media giant that owns Facebook, Instagram, and WhatsApp, has been a growth beast in recent years. Its revenue is growing at a fast pace, and the stock is soaring. Since the start of 2023, the stock price is up 431%.
But past performance, as they say, is no guarantee of future performance. Could there be trouble ahead for the company? A recent report from The Wall Street Journal discussed some significant shortcomings in Meta's business, which it says could make Meta vulnerable to regulatory pressures in the future.
Here's what you need to know if you're thinking about buying Meta Platforms' stock today.
Source Fool.com
Meta Platforms Inc. Stock
€550.00
4.900%
We see a rather positive sentiment for Meta Platforms Inc. with 10 Buy predictions and 1 Sell predictions.
As a result the target price of 680 € shows a positive potential of 23.64% compared to the current price of 550.0 € for Meta Platforms Inc..
