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Meta Plans to Outsource VR Hardware Development to Boost Profits -- Is It Time to Buy the Stock?


Last year is often billed as Meta Platforms (NASDAQ: META) co-founder and CEO Mark Zuckerberg's "year of efficiency." Indeed, it should be billed as such. Meta earnings soared as the company cut expenses and started putting its AI to use to boost productivity (especially for social media ads), and thus earnings.

META Revenue (TTM) Chart

Data by YCharts.

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Source Fool.com

Meta Platforms Inc. Stock

€439.75
0.950%
Meta Platforms Inc. gained 0.950% compared to yesterday.
We see a rather positive sentiment for Meta Platforms Inc. with 13 Buy predictions and 2 Sell predictions.
As a result the target price of 500 € shows a slightly positive potential of 13.7% compared to the current price of 439.75 € for Meta Platforms Inc..
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