From Nasdaq: 2024-04-26 04:37:00

Meta Platforms (NASDAQ: META) beat Q1 expectations, but stock fell 15% due to lighter Q2 revenue projection. The company plans to invest heavily in an AI chatbot, sparking investor concerns. Despite metaverse losses, Meta’s advertising business remains profitable, with strong network effects. Investors can buy the stock at a fair price on the recent dip.

Meta Platforms is returning more to investors than it’s spending on new initiatives. Trailing EPS is up by 153% in the past 5 years. Despite market expectations, buying Meta stock at 21.6 times forward earnings could be a smart move for long-term investors. Consider advice from Stock Advisor analysts before investing.

Randi Zuckerberg, former Facebook director and sister to Meta CEO, is on The Motley Fool’s board of directors. The Motley Fool recommends Meta Platforms, Microsoft, and Pinterest, offering insights on potential stock picks for investors. Know the risks and opportunities before investing in Meta Platforms.



Read more at Nasdaq: Is Beaten-Down Meta Platforms Stock a Buy on the Dip?