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
€606.80
-0.150%
Currently there is a rather positive sentiment for Meta Platforms Inc. with 9 Buy predictions and 3 Sell predictions.
With a target price of 615 € there is a slightly positive potential of 1.35% for Meta Platforms Inc. compared to the current price of 606.8 €.
