Meta Platforms (META) has spent most of 2026 trading near $648 while the business behind it delivered record quarterly revenue. That growing mismatch has drawn a wave of ******* ysts who believe the stock is meaningfully underpriced.
Second-quarter revenue reached $60.8 billion, up 28% year over year, with a 31% operating margin, Meta's earnings press release confirmed.
At a forward price-to-earnings (P/E) ratio of 19, the stock trades below the S&P 500's approximately 22 times forward earnings.
Reaching $900 would require roughly 39% upside from current levels. Whether the target is realistic depends on how quickly Meta's artificial intelligence spending produces revenue beyond its advertising business.
Meta's advertising technology is producing gains that rival any growth story in big tech. Internal model upgrades drove an 8.3% lift in ad clicks and a 15.7% conversion gain on Facebook last quarter, 24/7 Wall St reported.
#business #year
Second-quarter revenue reached $60.8 billion, up 28% year over year, with a 31% operating margin, Meta's earnings press release confirmed.
At a forward price-to-earnings (P/E) ratio of 19, the stock trades below the S&P 500's approximately 22 times forward earnings.
Reaching $900 would require roughly 39% upside from current levels. Whether the target is realistic depends on how quickly Meta's artificial intelligence spending produces revenue beyond its advertising business.
Meta's advertising technology is producing gains that rival any growth story in big tech. Internal model upgrades drove an 8.3% lift in ad clicks and a 15.7% conversion gain on Facebook last quarter, 24/7 Wall St reported.
#business #year
2 days ago
