Facebook, Inc.'s Active Advertisers Are Soaring
On just about any metric, Facebook's (NASDAQ: FB) growth is pretty astounding. The social network's third-quarter revenue, for instance, was up 47% year over year. Monthly and daily active users were both up 16% year over year in Q3. And Facebook's net income rose 79% in the same period.
Investors are well aware of Facebook's rapid growth in these areas. But there's one area where Facebook's growth may be going under the radar -- and it's one of Facebook's most important metrics. We're talking about Facebook's active advertisers.
Image source: Facebook.
Source: Fool.com
Meta Platforms Inc. Stock
€471.70
0.760%
With 7 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
With a target price of 500 € there is a slightly positive potential of 6.0% for Meta Platforms Inc. compared to the current price of 471.7 €.
