Meta Platforms shares experienced a remarkable upswing on the NASDAQ on the most recent trading day. The price climbed 0.6 percent to USD 562.34, even reaching a daily high of USD 563.80. This value also marks the 52-week high and underlines the strong performance of the technology giant. Compared to the previous year’s low of USD 279.49, the share price has more than doubled, reflecting investors’ growing confidence in the company’s future prospects.
Analysts optimistic about Meta’s future
Experts see further potential for Meta shares and predict an average price target of USD 574.29. The latest quarterly results underpin this positive assessment: With earnings per share of USD 5.31 and sales growth of 22.10 percent to USD 39.07 billion, Meta significantly exceeded expectations. For the 2026 fiscal year, analysts even expect earnings of USD 27.75 per share, which underlines the company’s long-term growth strategy.
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Meta: Buy or sell? Read more here…
