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Is Meta Stock a Buy, Hold or Sell After Earnings?
Meta stock is gaining ground Thursday after the social media giant reported strong earnings, but what does Wall Street have to say? We take a look here.
Buy, Sell, Or Hold META Stock At $690?
It reported sales of $48.4 billion and earnings of $8.02 per share, compared to the consensus estimates of $47.0 billion and $6.77, respectively.
Why Meta Stock Is Soaring Today
Meta delivered fantastic results for Q4 2024. The company increased earnings per share for the quarter by 50% year over year, reaching $8.02. The figure well exceeded Wall Street's expectations of $6.76 per share. Sales for the company hit $48.4 billion, beating the expected $47 billion.
What Analysts Think of Meta Stock Ahead of Earnings
Meta Platforms is expected to report its fourth-quarter results after the closing bell on Wednesday, with analysts mostly bullish on the tech giant's ability to build on a strong 2024.
Stock Market Today: Live Look at Meta Stock
The broad market is less volatile today, but the big news continue to be tech stocks releasing quarterly earnings. Dow Jones Industrial Average: Up 0.35% Nasdaq: Up 0.04% S&P 500: Up 0.26% Meta Rises,
1d
on MSN
Meta Platforms Sales Soar to Record, Bolstering Zuckerberg’s AI Spending Spree
Revenue grows to $48.4 billion, helping fuel the chief executive’s bets on augmented reality and artificial intelligence.
Rolling Out
9h
Meta’s controversial $25M settlement sets ugly precedent
Meta Platforms has agreed to a $25 million settlement with President Donald Trump over his platform suspension following the ...
7h
Meta to Pay $25 Million to Settle Donald Trump's 2021 Lawsuit Over Capitol Riot Suspension
Meta will pay $25 million to settle Donald Trump's 2021 lawsuit against the tech company, which came after the president's ...
48m
The fallout of Meta’s content moderation overhaul
Meta overhauled its approach to US moderation on Tuesday, ditching fact-checking, announcing a plan to move its trust and ...
23h
on MSN
Meta Will Give Trump $25 Million After He Was Banned From Platforms
Meta will pay President Donald Trump $25 million to settle a lawsuit after the tech giant banned him from Facebook and ...
14h
Meta Platforms’ Robust Q4 Performance and Promising Future Drive Buy Rating
Analyst Brian White from Monness maintained a Buy rating on Meta Platforms (META – Research Report) and increased the price target to $775.00 ...
6h
on MSN
Tesla, IBM and Meta lead most of Wall Street higher
Tesla, IBM and Meta Platforms helped lead most U.S. stocks higher after a rush of profit reports from some of the country’s ...
22h
on MSN
Meta to Pay $25 Million to Settle 2021 Trump Lawsuit
The president had sued the social-media company after his accounts were suspended following the Jan. 6 riot at the U.S.
17h
Meta Platforms: Strong Financial Performance and Strategic Investments Drive Buy Rating
Meta Platforms (META – Research Report), the Communication Services sector company, was revisited by a Wall Street analyst today. Analyst Doug ...
14h
on MSN
Meta Platforms Revenue Tops Estimates
Meta Platforms posted robust earnings, surpassing expectations due to gains in AI-driven advertising, despite challenges with Reality Labs.
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