Is Meta Platforms Stock a Buy Now?
Meta Platforms (NASDAQ: META) posted its third quarter earnings report on Oct. 25. The social media giant's revenue rose 23% year over year to $34.1 billion and exceeded analysts' expectations by $700 million. Its net income jumped 164% to $11.6 billion, or $4.39 per share, and also cleared the consensus forecast by $0.76.
Meta's growth rates were impressive, yet its stock still slumped after the report. Let's review the key numbers to see if that post-earnings dip is a buying opportunity.
Meta Platforms CEO Mark Zuckerberg. Image source: Meta Platforms.
Source Fool.com
Meta Platforms Inc. Aktie
482,30 €
0,49 %
Einige Buy-Einschätzungen geben Meta Platforms Inc. den Vorteil gegenüber Sell-Einschätzungen.
Für Meta Platforms Inc. ergibt sich mit einem Kursziel von 500 € ein leicht positives Potenzial gegenüber dem aktuellen Kurs von 482.3 €.
