Meta Platforms, part of the “Magnificent Seven,” hasn’t split its stock yet. Despite a recent post-earnings dip, the company’s prospects are strong, especially with AI driving growth. Predictions suggest shares could reach over $1,000 by 2030, potentially leading to a stock split. Investors are eyeing Meta Platforms for potential growth opportunities.

Meta Platforms’ solid performance in the third quarter saw sales grow 26% year over year to $51.2 billion. The company’s EPS would have climbed 20.2% without a one-time noncash tax expense. The focus on AI is paying off, with daily active users reaching 3.54 billion. AI glasses are the next big move for Meta, further enhancing its business potential.

Investing in Meta Platforms now could be a strategic move, especially with AI-related initiatives driving growth. The company’s current stock price of around $627 could see significant growth, potentially reaching $1,000 within five years. Whether or not a stock split is announced, Meta Platforms remains a solid long-term investment option.

Considerations before investing in Meta Platforms include the company’s strong AI focus and growth potential. The Motley Fool’s Stock Advisor team identified other top stocks for investment, excluding Meta Platforms. However, historical returns from past recommendations highlight the potential for significant gains. Joining Stock Advisor could provide access to the next top 10 stock picks.

Read more at Nasdaq: Prediction: This Unstoppable AI Stock Will Split by 2030