Meta Platforms (META) closed down 1.12% with positive analyst revisions and upcoming earnings forecasted to increase
From Nasdaq: 2025-04-08 17:45:00
In the recent trading session, Meta Platforms (META) closed at $510.45, down 1.12% from the previous day. This was less than the S&P 500’s 1.57% loss. Over the past month, META shares decreased by 13.67%, outperforming the sector’s 16.01% loss and underperforming the S&P 500’s 12.16% decline.
Meta Platforms is set to announce its earnings on April 30, 2025. Analysts forecast an EPS of $5.33, up 13.16% from the previous year, with revenue estimated at $41.29 billion, a 13.27% increase. Full-year estimates predict earnings of $25.62 per share and revenue of $188.04 billion, up 7.38% and 14.31%, respectively.
Analyst estimates for Meta Platforms have been revised recently, indicating changing business trends. Positive revisions suggest optimism about the company’s future. These revisions often correlate with short-term stock price momentum, with higher estimates leading to positive outcomes for investors.
Meta Platforms currently trades at a Forward P/E ratio of 20.15, lower than the industry average of 23.49. The PEG ratio, which considers earnings growth, stands at 1.1. META’s industry has an average PEG ratio of 1.8. The Internet – Software industry ranks in the top 32% of all industries, showcasing strength in the sector.
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Read more at Nasdaq: Meta Platforms (META) Stock Moves -1.12%: What You Should Know