Meta Platforms Soars Amid AI Delays and Strong Financials Podcast By cover art

Meta Platforms Soars Amid AI Delays and Strong Financials

Meta Platforms Soars Amid AI Delays and Strong Financials

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 As of June 24, 2025, Meta Platforms, the parent company of Facebook, Instagram, Messenger, and WhatsApp, is trading at $698.53 per share on the NASDAQ stock market. This represents a significant increase from its price on June 20, 2025, which was $682.35, and a notable rise from its price on May 16, 2025, which was $640.34.

The trading volume for Meta Platforms stock has been substantial, with 22.17 million shares traded on June 20, 2025. This is higher than the TTM average trading volume of 14.55 million shares. The volatility of Meta Platforms stock is 2.99 percent, indicating that the stock price can fluctuate significantly over short periods.

Recently, Meta Platforms announced the delay of its AI model 'Behemoth' from April to fall, which led to a decline in the stock price by $19.02 on May 15, 2025. However, the company's strong financial performance in the last quarter has helped stabilize the stock. In the last quarter, Meta Platforms reported $42.31 billion in revenue and $6.43 earnings per share, beating revenue expectations by $934 million and exceeding earnings estimates by $1.15.

Analysts have been positive about Meta Platforms' future prospects. The estimated earnings for the next quarter are $5.81 per share, and revenue is expected to reach $44.56 billion. This positive outlook has led to a buy rating for the stock, with technical analysis indicating a strong buy signal for the next month.

Overall, Meta Platforms' stock performance is influenced by its robust financials and the ongoing development of its AI technologies. Despite recent delays, the company's strong position in the social media landscape and its significant market capitalization of $1.72 trillion make it a major player in the tech industry. As investors continue to monitor the company's progress, particularly with the upcoming earnings report on July 23, 2025, Meta Platforms remains an attractive option for those looking to invest in the tech sector.

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