Will Meta Platforms Be Worth More Than Alphabet by 2025?
Shares of Meta Platforms (NASDAQ: META) and recently went in opposite directions after their latest earnings reports. Meta's stock stumbled after it followed up a strong earnings report with a softer-than-expected revenue forecast and expectations for higher spending. Alphabet's stock surged after its advertising and cloud businesses accelerated again, and it followed up its earnings beat with a $70 billion buyback plan and its first dividend.
Meta is now worth $1.12 trillion, while Alphabet's market cap recently hit an all-time high of $2.15 trillion. Could Meta catch up and eclipse Alphabet's market cap by the end of 2025? Let's take a fresh look at the social media leader to find out.
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Source Fool.com
Alphabet Inc. C Stock
€154.28
-3.820%
The stock is an absolute favorite of our community with 27 Buy predictions and no Sell predictions.
With a target price of 170 € there is a slightly positive potential of 10.19% for Alphabet Inc. C compared to the current price of 154.28 €.
