Is Meta Platforms Stock a Buy Now?
Meta Platforms (NASDAQ: META) is seeing its shares surge thanks to strong fourth-quarter 2023 financial results. Revenue in the last three months of the year totaled $40.1 billion, good for a 25% year-over-year gain. Diluted earnings per share (EPS) of $5.33 was up a whopping 203%.
Looking at these headline numbers, which both crushed Wall Street estimates, it's no wonder Meta stock climbed 20% the day immediately following the announcement. The market is once again excited about this business.
Is it time for you to buy this top FAANG stock now?
Source Fool.com
Meta Platforms Inc. Stock
€512.90
0.610%
With 11 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
With a target price of 645 € there is a positive potential of 25.76% for Meta Platforms Inc. compared to the current price of 512.9 €.
