Cryptocurrency Q&A
Is Meta still worth buying?
Is Meta still worth buying?
Silvia
Thu Jun 20 2024
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6 answers
1532
Given the recent developments and market fluctuations surrounding Meta, the question of whether it's still worth buying begs for a thorough analysis. As investors, we must consider the company's financials, future growth prospects, as well as its ability to navigate an increasingly competitive digital advertising landscape. Meta's pivot to the metaverse has also raised questions about its long-term strategy and execution. Moreover, regulatory risks and data privacy concerns continue to loom large over the company. Therefore, it's crucial to evaluate these factors and determine if Meta's current valuation offers a compelling opportunity for long-term gains or if it's better to wait for clearer signals of stability and growth.
6 answers
Leonardo
Sat Jun 22 2024
The analysts forecast a 17.8% rise in Meta's revenue, bringing it to a total of $158.9 billion for the entire year.
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DigitalLegendGuard
Sat Jun 22 2024
This growth follows a 15.7% increase in revenue last year, indicating a consistent upward trend for the company.
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SsamziegangSerenadeMelody
Sat Jun 22 2024
In contrast, 2022 saw a slight decline in Meta's revenue, with a 1.1% drop.
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Carolina
Sat Jun 22 2024
According to FactSet's projections, Meta's revenue is anticipated to experience a robust increase in 2024.
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Ilaria
Sat Jun 22 2024
Despite this dip, Meta's earnings are expected to regain momentum this year, although at a slower pace compared to its recovery year in 2023.
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