Reported about 20 hours ago
Meta Platforms is expected to release its first-quarter earnings soon, with analysts showing strong confidence in the tech company. They predict over 10% growth in revenue and profit year-over-year, despite potential impacts from ongoing legal and regulatory challenges. Currently, 25 out of 27 analysts recommend buying the stock, with a projected price target significantly above its current level. However, legal issues, including a recent fine from the EU, and antitrust cases may pose risks.
Source: YAHOO