Is Meta Platforms Still A Buy?

Is Meta Platforms Still A Buy?

Meta Platforms, Inc. delivered a stunning Q4 performance with 25% revenue growth and a 203% increase in earnings, surpassing analysts’ expectations and driving the stock up by over 20% in a single day. This momentum, combined with strong valuation potential, positions META as a top pick in our Premier Growth Portfolio, with a revised five-year target price of $890 per share, representing 87.5% upside potential. Despite the recent gains, META remains a strong buy based on its continued earnings growth, robust valuation, and the company’s strategic moves, including a significant stock buyback and the initiation of its first dividend.