Is Meta Platforms Stock A Buy?
Meta Platforms (NASDAQ: META) has been a dream stock for investors, returning 90% over the past year and an even more spectacular 548% since its low in 2022, when shares briefly traded under $90.
Compared to a disappointing slowdown after the worst of the pandemic, the social media giant reclaimed its operating and financial success by focusing on core strengths. An all-in approach toward artificial intelligence (AI) as a new growth driver has given shareholders plenty to cheer about.
The headlines are positive, but do they make the stock a buy today? Let's discuss whether the rally in Meta Platforms can keep going.
Source Fool.com
Meta Platforms Inc. Stock
€544.60
0.720%
We see a rather positive sentiment for Meta Platforms Inc. with 10 Buy predictions and 2 Sell predictions.
As a result the target price of 652 € shows a slightly positive potential of 19.72% compared to the current price of 544.6 € for Meta Platforms Inc..
