What's Fueling Meta's 92% Share-Price Jump This Year?
At a time when tech investors still have a skeptical eye turned toward many companies, Meta Platforms (NASDAQ: META) has pulled off an impressive 95% share-price run year to date. But why, exactly, are investors optimistic about this company right now?
Let's take a closer look at the recent enthusiasm to see if Meta's underlying business is actually back on track and what investors should still be on the lookout for.
Image source: Getty Images.
Source Fool.com
Meta Platforms Inc. Stock
€438.35
0.290%
With 10 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 14.06% for Meta Platforms Inc. compared to the current price of 438.35 €.