ai-driven growth propels stock amid regulatory headwinds By Investing.com
Meta Platforms Inc (NASDAQ:)., the tech giant formerly known as Facebook, continues to dominate the social media landscape while aggressively expanding into artificial intelligence (AI) and virtual reality. As the company navigates a rapidly evolving digital ecosystem, investors and analysts are closely watching its performance and future prospects.
Meta’s recent financial results have been impressive, with revenue growth of 23% year-over-year consistently outpacing the broader digital advertising market. The company maintains exceptional gross profit margins of 81.5% and a healthy PEG ratio of 0.32, suggesting reasonable valuation relative to growth. Analysts project this trend will continue, with revenue expected to sustain mid-teens…
