NASDAQ:META   Meta Platforms
Earnings growth is slowing. Forward looking earnings growth is around 8% if you include a 9-11% loss of EPS in 2022. 18.44% growth in 2023, 14% expected in 2024. Still an advertising juggernaut. Blended P/E of about 16 is incredibly low. It seems like it'll resume a more consistent growth after this hiccup. I think it'll start trading closer to a 20 P/E in the future with growth fading a little and speculation into the metaverse causing uncertainties. Like, when do shareholders expect to profit from that? It's a risky move imo to change the name of the company to Meta, so there's a lot of unknowns there.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.