"Meta Platforms stock has surged 1,570% since its 2012 IPO, which makes the company a stock-split candidate. Historically, stocks that split have outperformed the S&P 500 by 13 percentage points during the year following the company's stock-split announcement. Meta Platforms has never split its stock, but the company is certainly a candidate given that shares have appreciated 1,570% since its 2012 IPO."
""Our AI recommendation systems are delivering higher quality and more relevant content," CEO Mark Zuckerberg told analysts on the third-quarter earnings call. Improvements to those systems boosted time spent on Facebook and Threads by 5% and 10%, respectively. Also, engagement with Instagram videos increased 30%. Grand View Research estimates ad tech spending will increase at 14% annually through 2030. Indeed, Wall Street estimates Meta's earnings will increase at 15% annually over the next three years."
Meta Platforms' shares have risen 1,570% since the 2012 IPO, making the company a plausible stock-split candidate. Historically, stocks that split have outperformed the S&P 500 by about 13 percentage points in the year after announcement. Among 74 analysts, the median target price for Meta is $850, implying roughly 33% upside from a $640 share price. Meta operates the second-largest ad tech platform, reaching more than 3.5 billion daily users across Facebook, Instagram, Messenger, and WhatsApp. Artificial intelligence powers recommendation systems that increased time spent and video engagement, and Wall Street projects 15% annual earnings growth over the next three years.
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