Meta Platforms (META) Gains As Market Dips: What You Should Know

Meta Platforms (META) closed at $744.10, up 1.02% and outperforming the S&P 500's decline. The stock has surged 29.22% over the past month. While revenue is expected to grow 23.29% year-over-year to $63.18 billion, EPS is projected to decline 11.86% to $6.39. Meta holds a Zacks Rank #3 (Hold) with a Forward P/E of 23.47, trading at a premium to its industry average.