Is Meta Platforms (META) a Buy Ahead of Q4 Earnings Announcement?

Facebook-parent Meta Platforms is set to report fourth-quarter earnings results on Wednesday after the closing bell.Connecting people through its popular suite of apps including Instagram, Messenger, Facebook, and WhatsApp, Meta Platforms is currently a Zacks Rank #3 (Hold) stock. The world’s largest social media offering, Meta Platforms has surpassed the earnings mark in each of the past eight quarters. But with most AI-related stocks showing weakness lately, is META stock a buy?Find the latest EPS estimates and surprises on Zacks Earnings Calendar.The company is expected to post a profit of $6.90 per share, reflecting growth of 29.5% versus the same quarter last year. Estimates for the quarter have risen by 2.07% over the past 60 days. Revenues are projected to rise 17.1% to $46.97 billion.Meta META is considered to have pioneered the concept of social networking. Instagram in particular has emerged as an important cash cow supported by AI.META shares bucked Monday’s DeepSeek-induced sell-off and are trading at all-time highs ahead of the release. Our proprietary Zacks Earnings ESP indicator conclusively predicts another earnings beat for the Q4 announcement. As always, investors should remain cautious as earnings releases can coincide with enhanced volatility.7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.3% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Meta Platforms, Inc. (META): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks