NEW YORK / LONDON (IT BOLTWISE) – Shares of Meta Platforms, formerly Facebook, fell 2.0 percent to $585.47 on the NASDAQ. Despite an increase in sales of over 26 percent in the last quarter, the stock remains under pressure. However, analysts expect positive developments in the coming months.
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Shares of Meta Platforms, the company behind Facebook, Instagram and WhatsApp, recently saw a decline on the NASDAQ. Despite opening at $593.50, the price fell 2.0 percent to $585.47. This decline contrasts with the impressive sales increases the company posted last quarter.
In the past quarter, Meta Platforms achieved sales of USD 51.24 billion, an increase of 26.25 percent compared to the same period last year. This positive development shows that the company continues to perform strongly despite challenges in the market environment. However, the share price has fallen short of expectations, which could be due to various factors, including market uncertainties and regulatory challenges.
Analysts forecast earnings per share of $22.99 in 2025. These expectations reflect confidence in Meta Platforms’ long-term growth strategy, which focuses on innovation and the expansion of its platforms. The company also plans to slightly increase its dividend, which could provide additional incentives for investors.
Another aspect that is attracting investors’ attention is the decision of a US court to reject the spin-off of Instagram and WhatsApp. This decision could strengthen the strategic direction of Meta Platforms, as the integration of these platforms offers significant synergies. Experts see this decision as a confirmation of Meta’s market position and expect the company to further expand its position.
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