Meta Platforms Stock Outlook: Is Wall Street Bullish or Bearish?

Menlo Park, California-based Meta Platforms, Inc. (META) is a leading global technology and social media company that builds platforms and products connecting billions of people worldwide. Valued at a market cap of $1.9 trillion, the company owns and operates major applications, including Facebook, Instagram, WhatsApp, and Messenger. 

This social media giant has outpaced the broader market over the past 52 weeks. Shares of META have soared 26.7% over this time frame, while the broader S&P 500 Index ($SPX) has gained 18.1%. Moreover, on a YTD basis, the stock is up 28.4%, compared to SPX’s 17.2% rise.