Worried About Meta's Metaverse Experiment? You Need to See This Chart
For years, Meta Platforms (NASDAQ: META) had one of the strongest business models on the stock market. The company regularly generated operating margins in the 30% or even 40% range, while also delivering strong revenue growth.
However, by late 2021, the company faced multiple challenges. 's improvements to ad tracking transparency and user privacy affected the company's ability to target ads on social media. Revenue growth stalled as the post-pandemic reopening began, and user growth looked sluggish, again, due to the reopening as the revival of in-person business and socializing took place away from screens.
Additionally, CEO Mark Zuckerberg -- convinced that the company had to own the next computing platform so that it didn't get pushed around by Apple -- doubled down on the metaverse, renaming the company Meta Platforms, and breaking out its "Reality Labs" segment to show investors the impact of its metaverse-focused business.
Source Fool.com
Apple Inc. Stock
Our community is currently high on Apple Inc. with 153 Buy predictions and 17 Sell predictions.
As a result the target price of 227 € shows a slightly positive potential of 13.05% compared to the current price of 200.8 € for Apple Inc..
