Meta Stock Seems to Be Bouncing Back. Is the Growth Stock Now Too Cheap to Ignore?
Key Points Meta's third-quarter revenue rose 26% year over year. Spending is rising fast as Meta builds more AI infrastructure, which is squeezing free cash flow. At about 22 times forward earnings, the stock is priced as if growth will cool. 10 stocks we like better than Meta Platforms › Shares of social media advertising giant Meta Platforms (NASDAQ: META) jumped about 6% on Thursday as one analyst reiterated a buy rating and a $910 price target for the stock. Considering that shares are tradin ...