Meta Platforms (META) is up nearly 22% over the past year, but shares are more than 15% off their 52-week high.
However, investors may have reason to continue betting on META shares as the company gears up for the unveiling of its Llama 4 artificial intelligence (AI) model. The company says its latest model includes significant technological advancements, and it plans to release Llama 4 in April 2025.