Meta Platform Shares Jump on Strong Forecast. Is It Too Late to Buy the Stock?
Share prices of Meta Platforms (NASDAQ: META) bolted higher after the owner of Facebook and Instagram reported strong second-quarter results and issued upbeat guidance. The stock has been a great performer this year, up about 40%.
Artificial intelligence (AI) continues to be a major focus for the social media company, with Meta ready to invest significant money into its newest large language model (LLM) Llama 4.
Let's dive into Meta's Q2 earnings report and guidance as well as its AI ambitions and whether the stock remains a buy after the run-up in the stock this year.
Source Fool.com
Meta Platforms Inc. Stock
€457.50
5.310%
We see a rather positive sentiment for Meta Platforms Inc. with 9 Buy predictions and 2 Sell predictions.
As a result the target price of 505 € shows a slightly positive potential of 10.38% compared to the current price of 457.5 € for Meta Platforms Inc..
