Is Meta Platforms Finally Over Its Troubles?
Investors were disappointed when Platforms (NASDAQ: META), the company formerly known as Facebook, reported its first-ever annual revenue decline in 2022, , resulting in a sell-off that sent the company's stock to a low of $88, down more than 60% from its 52-week high.
However, share prices have recovered, prompting speculation whether the company is finally out of trouble. To answer this question, let's review Meta's first-quarter 2023 earnings report for some clues.
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Source Fool.com
Meta Platforms Inc. Stock
€561.30
1.300%
With 10 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
With a target price of 680 € there is a positive potential of 21.15% for Meta Platforms Inc. compared to the current price of 561.3 €.
