Meta Platforms stock has outperformed, with strong EPS and revenue growth expected
From Nasdaq: 2025-01-31 09:54:24
Meta Platforms, Inc. operates as a social technology company, with a market cap of $1.7 trillion. META stock has outperformed the S&P 500 Index, gaining 71.7% in the past year. Despite competition from VOX ETF, META continues to see growth through AI initiatives and strong ad revenue.
In Q4, META reported EPS of $8.02, surpassing expectations, with revenue of $48.4 billion. Analysts expect EPS to grow 6.7% in fiscal 2025. The stock is rated a “Strong Buy” by analysts, with a mean price target of $677.56, suggesting an 18% upside potential, according to Scotiabank.
Scotiabank raised META’s price target to $627, with a street-high target of $811. META’s stability in configuration over the past three months indicates a positive outlook for future growth. The company’s continued investment in AI infrastructure is expected to drive success in the long run.
Read more at Nasdaq: Are Wall Street Analysts Bullish on Meta Platforms Stock?
